EPFO to Allow ATM, UPI Withdrawals for PF by March 2026; Simplifies Access

• EPFO plans to introduce ATM and UPI facilities for EPF withdrawals by March 2026.
• This will allow members to access funds easily, avoiding lengthy paperwork and delays.
• Union Labour Minister Mansukh Mandaviya stated the goal is to make PF withdrawals as simple as bank ATM/UPI transactions.
• The government already permits withdrawal of up to 75% of the EPF amount.
• This initiative is part of broader EPFO reforms, including simplifying withdrawal categories from 13 to a unified framework.

Why It Matters: EPFO members to get easier, faster access to PF funds via ATM/UPI by March 2026, simplifying withdrawals.