EPFO 3.0 Launches Online PF Withdrawal via UPI and ATM The Employees' Provident Fund Organisation (EPFO) is implementing a major digital transformation with the launch of EPFO 3.0, enabling members to withdraw their Provident Fund (PF) savings directly through UPI and dedicated EPFO ATM cards. Union Minister of Labour & Employment Mansukh Mandaviya confirmed that the UPI payment gateway testing for the new framework has been completed, and the service will be rolled out to members soon. This update aims to simplify the withdrawal process, reduce delays, and enhance accessibility for employees. Previously, withdrawing PF funds required submitting physical or online claim forms, waiting for employer digital signatures, tracking status updates for 7-15 days, and visiting EPFO offices for corrections. Under EPFO 3.0, the process is streamlined to take minutes instead of weeks. Members can now withdraw funds via UPI, use a dedicated EPFO ATM card, and receive auto-settled claims without manual intervention for amounts up to ₹5 lakh. Key changes in the EPFO 3.0 framework include raising the auto-settlement limit from ₹1 lakh to ₹5 lakh, reducing processing time to a few hours for eligible claims, and expanding withdrawal methods to include UPI and ATM cards alongside bank transfers. Employer attestation is no longer required if the member’s Universal Account Number (UAN) is Aadhaar-linked and KYC is digitally approved. Partial withdrawal categories have been simplified from 13 complex categories to three broad categories: emergency withdrawals (medical, marriage, education), life milestone withdrawals (housing, home loans), and unemployment withdrawals (job loss scenarios). The new framework also introduces immediate access for members who lose their jobs.#mansukh_mandaviya #epfo #form_121 #upi #epfo_atm
Mansukh Mandaviya: Empowering Women Is Empowering Society Mansukh Mandaviya, India’s Sports Minister, participated in the FIT India Pink Cyclothon on Sunday to mark International Women’s Day and promote fitness among women. The event, part of the Sunday on Cycle campaign, aimed to encourage nationwide cycling for better health and environmental sustainability. Mandaviya emphasized the importance of integrating cycling into daily routines, highlighting its role in improving physical fitness and reducing pollution. He stated that such initiatives foster a culture of collective responsibility and healthier living. Speaking at the event, Mandaviya underscored the critical link between women’s empowerment and societal progress. He asserted that when women are given opportunities to thrive, families and communities benefit, directly contributing to national development. The minister called for greater support and access to sports and fitness activities for women and girls, arguing that inclusive participation strengthens communities and drives national advancement. Mandaviya’s remarks focused on the dual benefits of physical activity and gender equality. He noted that promoting cycling not only enhances individual health but also addresses environmental challenges by reducing reliance on motor vehicles. The minister’s advocacy aligns with broader efforts to position sports as a tool for social transformation, particularly in empowering marginalized groups. The event also served as a platform to celebrate women’s contributions to society and highlight the need for sustained investment in their education, employment, and recreational opportunities.#india #mansukh_mandaviya #fit_india_pink_cyclothon #international_womens_day #sunday_on_cycle
