EPFO ATM Withdrawal: The Employees’ Provident Fund Organization (EPFO) is set to implement a significant change in its system starting next month, on April 1, 2026. Indeed, with the introduction of EPFO 3.0, the process for withdrawing PF will be entirely digital and much quicker. Most notably, users will now have the ability to withdraw their PF funds directly from ATMs using UPI. Let’s explore this further…
How can you access PF money via UPI?
In fact, once the new system is in place, there will be no more lengthy procedures or waiting periods to withdraw PF. EPFO 3.0 will introduce an Instant Credit feature, enabling funds to be transferred straight to your bank account through UPI as soon as a request is made.
You will receive funds immediately after job loss
Under the new regulations, if an employee loses their job, they will be able to withdraw 75% of their PF right away to manage daily expenses. The remaining 25% will stay secure in the account for one month. If a new job is not secured within that timeframe, the user can then withdraw the remaining funds. This system will act as a safety net.
How to withdraw PF money from an ATM?
To do this, first, access the EPFO portal or the Umang app.
Next, select the UPI withdrawal option.
Enter the amount you wish to withdraw.
Then, confirm the request by entering your UPI PIN.
Once the funds are credited to your account, head to a UPI-enabled ATM.
Select the QR Cash option at the ATM.
Finally, scan the QR code and withdraw your cash.
Essential requirements for withdrawing PF via UPI
However, to utilize this service, there are a few important points to keep in mind. Firstly, your UAN (Universal Account Number) must be active. Additionally, your PF account needs to be linked to Aadhaar. Your mobile number must also be connected to both Aadhaar and the UPI app. Lastly, your bank KYC must be fully updated and verified by your employer.
