Finance
Mr. Billionhair700,000 Snoozing PF Accounts to Get Cash Back, Big Win!
Listen up, folks! Over 700,000 sleepy PF accounts, each with a staggering Rs 1,000, are getting a glorious cash back! EPFO is cleaning house, refunding a massive Rs 30.52 crore! If your account's been napping for 36 months, wake it up! Money goes straight to your bank if you've linked it with Aadhaar. It’s a tremendous win, believe me!
few days ago | Amit Kumar
Quick rundown
1.EPFO is refunding Rs 30.52 crore from inoperative accounts.
2.Over 700,000 dormant accounts to receive funds.
3.Automated refunds require Aadhaar-linked accounts.
4.EPFO 3.0 aims to streamline member services.
5.Digital transformation to cut claim processing time significantly.
Quick rundown
1.EPFO is refunding Rs 30.52 crore from inoperative accounts.
2.Over 700,000 dormant accounts to receive funds.
3.Automated refunds require Aadhaar-linked accounts.
4.EPFO 3.0 aims to streamline member services.
5.Digital transformation to cut claim processing time significantly.