EPFO eases claim process; cancelled cheque, bank account verification by employers not needed

  • Posted on April 3, 2025
  • By Business News Today
  • 2 Views
EPFO eases claim process; cancelled cheque, bank account verification by employers not needed

EPFO has eliminated the need to upload a cancelled cheque image or employer-verified bank account details for online PF withdrawals. This move, effective after a successful pilot, will speed up claim settlements for members and ease the process for employers. With immediate effect, over 14.95 lakh members awaiting approvals will benefit from the simplified process.
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