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EPFO Increases Auto-Settlement Limit to ₹5 Lakh
The Morning Standard
|June 25, 2025
The Employee Provident Fund officer (EPFO) has increased the auto-settlement limit for advance claims from existing ₹1 lakh to ₹5 lakh, enabling members to receive higher funds in time of need.
EPFO had first introduced auto-settlement of advance claims during the COVID-19 pandemic to provide quick financial assistance to members. Since then, the facility has been extended to cover advance claims for illness, education, marriage, and housing purposes. These claims are processed automaticall
Diese Geschichte stammt aus der June 25, 2025-Ausgabe von The Morning Standard.
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