Here are the 8 major steps taken by EPFO to streamline the claim settlement process, knowing which can help you withdraw your ...
Beyond faster withdrawals, the EPFO has also expanded the scope of fund usage. Members can now withdraw funds for housing, ...
It is a scheme where both employees and employers contribute a portion of the employee's basic salary to a long-term savings ...
Retirement fund body EPFO settled a record number of 2.16 crore claims through the autonomous process in the current ...
It is a misconception that the voluntary and employee provident funds exist separately. Any contribution above the statutory ...
EPFO settles record 2.16 crore claims autonomously, with 60% processed automatically, enhancing member services and ...
In the previous financial year, the EPFO (Employees' Provident Fund Organisation) had settled 89.52 lakh claims.
EPFO settled 2.16 crore claims through auto mode in FY 2024-25, more than double the previous year's figure. The organization ...
Although EPF is primarily meant for retirement, members can withdraw a portion of their savings before retirement for specific financial needs such as medical emergencies, home loans, marriage ...
Employees Provident Fund (EPF) not only serves as a retirement savings scheme but also offers the option to avail advances ...
With the introduction of the Employees Provident Fund (EPF) Flexible Account, also known as Account 3, contributors under 55 years old have withdrawn a total of RM10.78bil as of Sept 2024.