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Digital Overhaul in EPFO Soon, Says Mandaviya
Financial Express Lucknow
|April 19, 2025
The Employees' Provident Fund Organisation (EPFO) is set to undergo a major digital overhaul to enhance services for over 90 million beneficiaries, with Version 3.0 set to launch by May or June, Union labour and employment minister Mansukh Mandaviya said on Friday.
In coming days, EPFO beneficiaries will be able to withdraw funds from ATMs due to faster processing of claims on the newer Version 3.0, Mandaviya said.
"EPFO will soon implement Version 3.0 with the help of a robust IT platform to provide seamless and simplified services, including auto-claim settlements, digital corrections, and ATM-based fund withdrawals. The overhaul is aimed at making EPFO accessible and efficient," he said.
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