Online PF withdrawal facility to be launched by EPFO
Posted on: 17/Oct/2015 11:20:37 AM
After the Supreme Court extended voluntary use of Aadhaar card to government schemes, including PF, the Employees` Provident Fund Organization (EPFO) is hopeful of launching an online PF withdrawal facility by March-end.
Once the online facility is launched the subscribers will get their money in their bank accounts within three hours of making the application. The EPFO has written to the labor ministry for necessary approvals.
Apart from this the EPFO will start settling all PF withdrawal claims having Aadhaar numbers within three days against the mandated period of 20 days though the claims will be filed manually only.
