The Employees’ Provident Fund Organisation (EPFO) is going to launch its new digital platform called EPFO 3.0. This platform was planned to start in June 2025, but its launch got delayed due to some technical tests. It is fully based on digital technology and has been made for the convenience of lakhs of PF members.
After its launch, processes like PF withdrawal, claim, and correction will become much easier and faster. Right now, it is not fully active, but once it starts, it will change the experience of lakhs of employees. Here, we will answer some common questions related to EPFO 3.0 that will help you understand this new system better.
How easy will PF withdrawal be?
Under EPFO 3.0, PF money can be withdrawn instantly through ATM card or UPI. It will work like a bank. You will not have to wait for a long claim like before.
What will be the process of withdrawing money?
Members will get an ATM-like EPF card linked to their account. Money can also be withdrawn directly through UPI on mobile, just like a bank app.
What will be the withdrawal limit?
There will be a limit on instant withdrawal. You can withdraw up to 50% of your PF balance instantly. This will help you keep savings safe.
How will account details be corrected?
You will be able to correct details like name, date of birth, KYC, and bank details online with OTP verification. No need to fill forms or visit the office.
How will PF claim be auto-settled?
About 95% of claims will be auto-settled in EPFO 3.0. It will take only a few minutes and bring more transparency.
What else will be available on the platform?
You can check PF balance and transfer funds instantly, just like UPI apps such as Google Pay or PhonePe.
Will it connect with other government schemes?
Yes, schemes like Atal Pension Yojana (APY) and Pradhan Mantri Jeevan Bima Yojana (PMJJBY) can also be linked, so that all facilities are in one place.
How will the security be?
All transactions, corrections, and claims will need OTP or PIN verification. This will keep accounts safe and reduce fraud.
How will the mobile app and interface be?
EPFO 3.0 will have a new user-friendly mobile app and website. Members can track PF balance, passbook, claim status, and use many online services.
When will EPFO 3.0 launch?
EPFO 3.0 was planned to launch in May–June 2025. It has approval from the Ministry and NPCI, but there is a delay due to testing. Soon, it will be available for all PF members.