BUSINESS

EPFO members take note! Advance withdrawal limit via auto settlement mode hiked to Rs 5 lakh; ATM withdrawals for PF accounts soon

The EPFO has increased the auto-settlement threshold for provident fund advance withdrawals from ₹1 lakh to ₹5 lakh, enabling quicker access to funds for members, especially during emergencies. This enhancement allows claims up to ₹5 lakh to be processed automatically within three days.

TIMES OF INDIA
1 week ago
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