The Employees’ Provident Fund (EPF) is a retirement savings scheme managed by the Employees’ Provident Fund Organisation (EPFO). While the primary objective of EPF is to help employees build a retirement corpus, subscribers can withdraw their PF balance under certain conditions. Depending on your eligibility, you can either make a full EPF withdrawal after leaving … Read more
Many salaried employees contribute to their Employees’ Provident Fund (EPF) every month, but very few are aware that they are also covered under a free life insurance scheme provided by the Employees’ Provident Fund Organisation (EPFO). This benefit is available through the Employees’ Deposit Linked Insurance (EDLI) Scheme, which provides financial assistance to the nominee … Read more
If you’ve recently tried to submit an EPF withdrawal or transfer claim and found that the EPFO portal isn’t working, you’re not alone. The Employees’ Provident Fund Organisation (EPFO) has temporarily suspended several online services as part of a major technology upgrade. During this maintenance period, members may be unable to submit new claims, track … Read more
For over a decade, withdrawing money from your EPF account has usually meant submitting claims, waiting for approval, and dealing with paperwork. EPFO 3.0 aims to change that. The Employees’ Provident Fund Organisation (EPFO) is introducing a major digital upgrade that will allow eligible members to access their PF savings more quickly through UPI apps … Read more