EPFO 3.0: The Employees Provident Fund Organization is going to launch a new app in the name of EPFO 3.0. EPFO has chosen the country’s three largest IT companies – TCS, Infosys and Wipro – to create this digitally advanced IT system and maintain its maintenance.
This information was given in a circular issued on August 12. Earlier, on 16 June, 2025, an expression of interest (EOI) was sent by EPFO to companies specializing in managing a large scale digital platforms. After reviewing all the applications, EPFO chose TCS, Infosys and Wipro.
The only objective of launching EPFO 3.0 is to make it more modern and advance than before. With its commencement, millions of subscribers will get better service of EPFO. Let us see what kind of facilities will be provided by its launch.
Auto Claim Settlement- Now the claim of the claim will be from the automated system. This will end the hassle of manually processing. This will make the system more fast and efficient.
Online Account Change- With the new app, you will no longer need to go to EPFO office to update the name or date of birth like date or date of birth, but users will be able to update it online by sitting at home.
ATM to PF withdrawal- After the claim is approved, the subscribers bank will now be able to withdraw money from PF from ATM.
OTP Verification- OTP verification process will now start in place of traditional form based process with new updates. That is, any change related to the account can be confirmed through OTP (One-Time Password).
Better Complan and Pension Service- The Centralized Pension Payment System (CPPS) has been approved for pension under EPS 1995. With this new system, any pensioners will be able to withdraw pension amount from any branch of any bank in the country.
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