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Epfo auto settlement limit increase: The Employees’ Provident Fund Organization
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The Employees’ Provident Fund Organization ( EPFO ) is set to increase its auto - settlement limit for Provident Fund (PF) withdrawals from ₹1 lakh to ₹5 lakh. If approved, this move is expected to significantly benefit over 7.5 crore EPF account holders, enhancing the speed and convenience of claim processing through the Unified Account Number (UAN) portal. The initiative is designed to streamline advance withdrawal claims and support digital payments through UPI. Here’s everything you ... The Employees' Provident Fund Organisation ( EPFO ) has enhanced its auto - settlement limit for advance withdrawals from ₹1 lakh to ₹5 lakh, enabling quicker access to funds within 3 days. This move is aimed at benefiting crores of subscribers needing urgent financial support. Employees' Provident Fund Organisation ( EPFO ) has increased the auto - settlement limit for advance claims from ₹1 lakh to ₹5 lakh. This move will help lakhs of EPFO members receive funds faster for needs like illness, education, or housing, especially in times of urgent need. The Employees Provident Fund Organisation ( EPFO ) has raised the auto - settlement threshold for advance claims to 5 lakh, aiming to expedite fund access for its members.
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