By Admin 
Almost every jobman has a PF account and people consider it to be the most trusted option of their savings. This account is not only useful for retirement. Rather, it also helps even when needed. Till now, you have to claim online to withdraw money from it and after the claim is approved, it takes several days to come to the account account.
Because of this, many times people get upset in emergency. Now preparations are being made to make this process easier and fast. After changing the rules, withdrawing money from PF will be very smooth beforehand and the employees will get quick relief.
PA money will reach the account in minutes
It will now be easy for crores of employees of the country to withdraw from PF account. Let us tell you that this year a big change is going to come. Employees Provident Fund Organization i.e. EPFO is going to launch 3.0 platforms soon. At present, employees process online claims to withdraw money from their account. But it takes time.
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Now after the new facility, you will be able to withdraw money within minutes through UPI and ATM. This will directly benefit about 8 crore account holders. Not only withdrawing but also updating the details and the claim process will also be faster than before.
ATM and UPI will work easier
With the arrival of EPFO 3.0, PF withdrawal will be very simple for employees. In this, employees will be able to withdraw money directly from the ATM after linking their UAN number to Aadhaar. For this, separate ATM cards will be issued by EPFO. Which will be called EPFO withdrawal card.
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This card will act like a bank ATM card and will be directly connected to the PF account. That is, as you withdraw money from the normal ATM. In the same way, you can easily withdraw money from this card. Apart from this, if someone wants to withdraw money from UPI, he can withdraw money by linking his UPI account to PF account.
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