EPFO Special Cards for PF Holders: ATM Withdrawals Coming; Check Details


<p>EPFO: It’s known that to withdraw your PF amount, you have to file a claim online, which is a long process. However, this process is now being made even simpler. The days of withdrawing PF money from an ATM are coming soon.</p><p>&nbsp;</p><img><p>Withdrawing from an EPF account used to be a long process with online applications and waiting. To fix this, EPFO will let you withdraw PF cash via ATM from 2026. No official word yet, but reports say it’s almost ready.</p><img><p>EPFO will issue a special card to members, like a debit card, for direct PF cash withdrawals at ATMs. The government wants this money accessible for emergencies. EPFO has reportedly completed talks with banks and the RBI and has the tech ready.</p><img><p>This move will benefit over 7 crore employees. The fund has grown from ₹7.4 lakh crore in 2014 to over ₹28 lakh crore now. The ATM facility will give employees instant cash and reduce EPFO’s workload.</p><img><p>Even with the option to withdraw PF cash via ATM, there will be a limit. The one-time and monthly withdrawal limits haven’t been finalized yet. Clarity on this is expected soon. The rules will be framed keeping security and fund stability in mind.</p><img><p>Recently, EPFO has been simplifying its rules. The auto-claim settlement limit was raised to ₹5 lakh, allowing quicker withdrawals. The ATM withdrawal facility will be a game-changer, providing instant financial help in emergencies.</p>

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