Pf withdrawal from atm: Employees Provident Fund Organization (EPFO) is a great news for subscribers. The central government may soon provide the facility to withdraw PF money from ATM before Diwali, which was being talked about for a long time. A meeting is going to be held on October 10-11 under the chairmanship of Labor and Employment Minister Mansukh Mandavia. However, the final agenda is not yet decided. Quoting sources, ET said in its report, “The government is planning to introduce some special facilities about 8 crore EPFO ​​subscribers before Diwali to improve the way to spend.”

Discussion on this demand of trade unions also

EPFO can think of EPFO ​​3.0 in its meeting next month, whose aim is to start facilities like bank. This includes a part of the provident fund extract option through ATM or UPI transactions. The proposal of the organization’s Central Board of Trustee Board meeting the continuous demand of trade unions is also expected to be reviewed to increase the proposal to increase the minimum pension between Rs 1,500 to Rs 2,500.

Benefits of EPFO ​​3.0

EPFO 3.0 has many benefits, not one. The purpose of launching it is to make the PF service completely digital so that it becomes easier for subscribers to withdraw money or claim. It was earlier to be launched in June this year, but it was delayed due to technical testing.

Under the EPFO ​​3.0, you will not be able to withdraw PM’s money only from ATM, but it will also be able to withdraw PF withdrawn through apps like Google Pay, PhonePe or Paytm. That is, now PF will not have to go round the office for claiming PF or for small changes in the account, but you will be able to do this work very comfortably by sitting at home. With this help, you will also be able to track PF account balance, contribution.

Under this new system, EPFO ​​subscribers will be issued a card like ATM. This card will be linked to PF account, through which you will be able to withdraw your money from PF from ATM comfortably. To withdraw money from UPI, F account will have to be linked to UPI.

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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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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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New Rules from 1st June, 2025: It took the month of June from today and from June 1, 2025, many new financial rules are going to be implemented, which is going to affect your pocket. This is because many things like ATM transaction charge, credit card rewards, interest rate on fixed deposits and Aadhaar update fees will change from today. Today you are going to tell about these changes and what they will have on you-

Rules for credit cards changed

According to the new rule implemented with the credit card from June 1, if the auto-debit payment of your credit card fails, then a penalty of up to 2 percent will be imposed. For example, if you have set an auto debit in your mobile and it fails, then the bank will charge you up to 2 percent.

Apart from this, from June 1, international transactions will also be charged. Some banks have indicated to impose extra charges if the utility bills like electricity, water and internet are filled with credit cards. Along with this, rules can also be changed regarding cashback. Not only this, from today, you will have to pay extra charge even after purchasing fuel from credit card.

Money will be expensive to withdraw money from ATM

Withdrawing money from ATM using debit cards from 1 June will also become expensive. Under the new rules, if you do more transactions than the free limit, then your withdrawal charge may increase. That is, repeated cash from ATMs can now be overwhelming on the pocket.

Interest rate on fixed deposit

From June 1, 2025, banks can change their interest rates on FD. At present, banks usually give a return between 6.5 percent to 7.5 percent on FD. Now the interest on FD may decrease on FD amid hopes of cutting RBI repo rate. By the way, many small banks have already reduced their interest rates on fixed deposits.

EPFO 3.0 Launch from today

The new EPFO ​​3.0 system will be launched today, there is a big relief news for salaried employees. This will provide facilities like banks to subscribers such as PF money can be withdrawn from ATM, KYC update, claim will be easy to settle.

Commercial cylinder prices low

From today, the price of 19 kg commercial LPG gas cylinder has been reduced by about Rs 24. This will benefit those running hotels, restaurants or dhaba. If the operational cost will be low, then the customers will also benefit.

Last date for free base update

Now for free, Aadhaar will be updated by June 14, 2025 only. After this, it will be Rs 25 for updating the Aadhaar online and Rs 50 to update by going to the center.

New cut-off time for mutual funds

According to market regulator SEBI, a new cut-off timing has been set for redemption in overnite and liquid mutual fund schemes since 1 June 2025. That is, cut-off time for both of them has been fixed separately. Now offline redemption requests will have to be submitted by 3 pm, while investors doing redemption in overnite schemes will be able to submit the redemption request by 7 pm.

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EPFO 3.0: The Employees Provident Fund Organization (EPFO) will soon launch its new platform EPFO ​​3.0. Through this strong IT platform, facilities like bank will be provided to members. Union Labor and Employment Minister Mansukh Mandavia said last month that this new system will be operational between May to June 2025.

More than 9 million subscribers benefit

He had said that EPFO ​​3.0 would be such a trusted platform, which will provide many new facilities to its more than 9 crore subscribers without any hassle. For example, the settlement of the claim will become automatic, digitally mistakes will be improved and most importantly you will be able to withdraw PF money directly from the ATM, as the money kept in the bank account is withdrawn from the ATM. Today we are going to tell you through the news that which new changes are going to happen in EPFO ​​3.0-

• The process of withdrawing PF money will be easier and faster than ever. Claim settlement will also be done on its own, there will be no need to work manually.
• After the claim is approved, you will be able to withdraw money directly from the ATM like a bank account.
• You can improve any information given in your account online from home, which will end the mess of filling the form.
• The EPFO ​​is now considering to include other social security schemes like Atal Pension Yojana and Pradhan Mantri Jeevan Bima Yojana in its system so that unorganized and informal sector workers can also get better benefits of pension and security.
• Now instead of filling a long form, you will be able to make necessary changes in a quick and safe manner through OTP.

Apart from this, the EPFO ​​has also introduced the Centralized Pension Payment System (CPPS) to provide better facilities to the pensioners. Under this, pension amount can be obtained from any branch of any bank in the country. This step will facilitate pensioners.

Esic health services

Employees State Insurance Corporation (ESIC) is also upgrading its facilities. Soon the beneficiaries of ESIC will be able to avail free treatment in government, private and charitable hospitals under Ayushman Bharat Scheme. Currently, ESIC 165 is providing medical facilities to 18 crore people through hospitals.

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