EPFO UPI PF Withdrawal: If you’re tired of waiting weeks and running around offices to withdraw your PF funds, there’s some great news for you. The Employees’ Provident Fund Organization (EPFO) is about to give its millions of subscribers a gift that will make withdrawing funds as easy as taking out your wallet. Yes, the EPFO is preparing for a major change. From April 2026, you’ll be able to withdraw your PF funds directly using UPI, the same UPI you use for payments at everything from tea stalls to big malls.
How will the new system work?
To keep this withdrawal process completely secure, a UPI PIN will be used. A fixed amount will be kept in the account to ensure your savings are not affected. You can withdraw the remaining amount if needed. There is no waiting period for this. This means that currently, auto-settlement takes about three days, but with the introduction of UPI, this process will be done in real time.
There has also been a significant increase in the withdrawal limit.
EPFO has not only changed the method but also expanded the scope of your assistance. The withdrawal limit through auto-settlement will now be increased from Rs 1 lakh to Rs 5 lakh. This means that in case of emergencies like illness, marriage, or education, you will no longer have to wait long for large sums of money.
Rules made easy
Earlier, there used to be many strict conditions for withdrawing PF, but now these have been reduced to just three broad categories. These include:
Essential Needs: Medical problems, education and marriage.
Home-related needs: Buying or renovating a house.
How much money can you withdraw?
The special thing is that you can withdraw up to 100% of your eligible amount, but only 25% will be kept safe for future use, so that you can continue to benefit from 8.25% interest. This new EPFO rule will change the lives of approximately 8 crore employees. This freedom to use their own money without any paperwork and without any delay will give employees true financial freedom.