Withdrawing Employees’ Provident Fund (EPF) savings is set to become easier, as EPFO subscribers will soon be able to withdraw their PF funds directly through ATMs.
Labour Secretary Sumita Dawra disclosed this development, emphasizing the government’s efforts to enhance services for workers.
The Ministry of Labour is upgrading its IT infrastructure to streamline claim settlements and provide faster service.
Dawra stated that subscribers and beneficiaries could conveniently access their funds using ATMs once the system is operational.
Reports suggest that this facility may be launched as early as January next year.