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Withdrawal of retirement funds soon to be automated: EPFO

Posted on May 13, 2026
By Business News Today
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1 min read

Withdrawal of retirement funds soon to be automated: EPFO

The Employees Provident Fund Organisation, EPFO, will soon automate final provident fund withdrawal claims. This will speed up money transfers to applicants. EPFO will also automate provident fund account transfers when a member changes employers. This means no more forms will be needed for account migration.