EPFO Set to Allow PF Withdrawals Through ATMs and UPI: New Year Gift for Employees
EPFO may soon allow PF withdrawals via ATM and UPI under the new EPFO 3.0 system, offering faster and easier access to funds as a New Year upgrade for employees.
EPFO to introduce ATM and UPI withdrawal facility for PF subscribers under EPFO 3.0.
In a significant change for all the salaried individuals in India, the Employees' Provident Fund Organisation (EPFO) is going to launch a new feature that will enable the subscribers to get their PF amount through ATMs just like a normal bank account. This long-sought improvement is anticipated to be presented as a portion of EPFO 3.0 which is expected to be operational early the next year.
According to official sources, EPFO intends to offer this as a New Year gift to its subscribers, though no formal launch date has been announced yet. The upgraded system will reportedly support withdrawals via ATMs and UPI, making access to PF funds faster, simpler and more convenient.
Subscribers have been anticipating the rollout of EPFO 3.0 for months, as it promises several new digital features aimed at reducing delays and improving user experience. The ATM and UPI withdrawal facility is among the most significant features included in the upgrade.
Earlier, the feature was expected to launch in June 2025, but technical challenges and extended trial runs pushed the rollout. EPFO has now confirmed that the new withdrawal option will only be available once EPFO 3.0 is officially implemented.
With the launch approaching, employees are eagerly waiting for an official announcement from the government, hoping for quicker access to their PF funds starting in early 2026.
