EPFO to Launch New App: Withdraw PF Money via UPI, Faster & Easier Access

• EPFO is set to launch a new mobile app by the end of March, making PF withdrawals significantly easier.
• The new app will allow subscribers to withdraw PF money directly via UPI, reducing time and effort.
• It will link to the subscriber's bank account and integrate with other UPI apps like BHIM.
• Testing of the app is complete; members can withdraw up to 75% of their PF balance, with 25% remaining in the account.
• The facility aims to simplify withdrawals for job loss, education, marriage, medical treatment, or housing needs.