EPFO New Rules: Get PF Money Automatically from Inactive Accounts, No Application Needed

• EPFO to automatically refund funds from inactive accounts with balances up to 1,000 rupees.
• Millions of PF account holders will receive money directly in their Aadhaar-linked bank accounts.
• No form filling or office visit required for automatic refunds; over 700,000 closed accounts included.
• An account is considered inactive if no contributions are made for 36 consecutive months (3 years).
• EPFO aims to clear 31.86 lakh inactive accounts holding approximately 10,903 crore rupees.
• Members should keep UAN active, and Aadhaar, PAN, and bank details updated for smooth processing.