Finance
Sock JohnsonUPI Withdrawals for EPF: Unleash Your Cash Power by April!
EPFO members, get ready to unleash the power of your provident fund! By April, you’ll be able to use UPI to snatch your cash without the usual claim chaos. Just a quick transfer with your UPI PIN, but remember, 25% of your EPF is locked up to keep those interest gains coming. Time to electrify your finances and make it rain!
few days ago | Amit Kumar
Quick rundown
1.EPFO members may soon use UPI for fund withdrawals.
2.New system aims to simplify and speed up EPF claims.
3.Members can withdraw directly to bank accounts via UPI.
4.A portion of EPF balance remains locked for interest benefits.
5.UPI-based withdrawals expected to launch by April.
