EPFO Revolution: Withdraw PF via ATM, UPI by March 2026, Minister Confirms

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Moneycontrol•17-12-2025, 15:55
EPFO Revolution: Withdraw PF via ATM, UPI by March 2026, Minister Confirms
- •EPFO plans to introduce a facility allowing PF withdrawal directly through ATM and UPI.
- •Union Minister Mansukh Mandaviya confirmed this at ABP Network's India @2047: Entrepreneurship Conclave.
- •The new system is expected to be launched before March 2026, aiming for easier and faster access to funds.
- •PF accounts will be linked to bank accounts (Aadhaar and UAN linked), with a new feature on debit cards and ATMs.
- •Currently, employees can partially withdraw up to 75% of their PF balance without providing a reason.
Why It Matters: EPFO will soon enable PF withdrawals via ATM and UPI, making access faster and easier by March 2026.
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