EPFO 3.0 New Rules: A big change is being made in the Employees Provident Fund Organization by the Government of India. The government is all set to launch EPFO 3.0 in June 2025. In the new system, employees will be provided with facilities like ATM card to withdraw money from their PF account. With which you can withdraw your money in a jiffy, this will make it very easy to withdraw money from any of your colony locations.
According to EPFO 3.0, many changes will be made, the biggest of which is the facility of ATM card. Through this card, employees will be able to withdraw money directly from their PF account in one go. But the government has set a fixed withdrawal limit on this so that enough money is saved for retirement. Apart from this, employees can also get the exemption to contribute more percentage of their Peer Mubarak.
ATM card new feature
According to the new rules, a big change has been made in the ATM card, this card works exactly like a debit card. With this, employees will be able to easily withdraw money from their PF account in one go. Money can be withdrawn directly from PF through ATM card. There may be a big change in the contribution of employees in EPFO 3.0, currently employees deposit 12% of their salary in PF.
A very amazing and new portal has been launched by the government, this portal will be more interactive and user friendly than before, all your work will be done very easily in it.
Integration with mobile app
Better customer service
Fast and secure transactions
Easy Navigation
Real Time Updates
Benefits of EPFO 3.0
After the implementation of the new rules, employees will get many benefits or the system will make the PF account more useful in which the following benefits will be available:-
better pension benefits
Improvement in digital services
Easy transaction facility in case of emergency
Freedom to increase savings
Increased transparency
Government’s preparations for EPFO 3.0.