Great News for EPF Account Holders!
Starting January 2025, you'll have a new way to access your EPF savings: ATM withdrawals!
Here's what you need to know:
A New Card: A dedicated PF withdrawal card, similar to your bank ATM card, will be issued.
Quick Access: You'll be able to withdraw up to 50% of your PF balance instantly.
Important Note:
Current Rules Apply: You can't withdraw PF while you're employed.
Unemployment Rules: If you're unemployed, you can withdraw 75% of your PF balance after 1 month.
This new feature will make it much easier and faster to access your hard-earned money. No more waiting for long processing times or facing rejection!
https://www.indiatoday.in/business/story/pf-withdrawal-directly-from-atms-from-2025-labour-secretary-epfo-2648652-2024-12-12
Starting January 2025, you'll have a new way to access your EPF savings: ATM withdrawals!
Here's what you need to know:
A New Card: A dedicated PF withdrawal card, similar to your bank ATM card, will be issued.
Quick Access: You'll be able to withdraw up to 50% of your PF balance instantly.
Important Note:
Current Rules Apply: You can't withdraw PF while you're employed.
Unemployment Rules: If you're unemployed, you can withdraw 75% of your PF balance after 1 month.
This new feature will make it much easier and faster to access your hard-earned money. No more waiting for long processing times or facing rejection!
https://www.indiatoday.in/business/story/pf-withdrawal-directly-from-atms-from-2025-labour-secretary-epfo-2648652-2024-12-12