EPFO 3.0 is going to be launched soon, its many benefits will surprise you; take a look at these 5 big changes

EPFO 3.0: More than 9 crore subscribers will get the benefit of EPFO ​​3.0. Through this, new members will be given services like banks. It has many more features.

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

Benefit to more than 9 crore subscribers

He had said that EPFO ​​​​3.0 will be such a reliable platform that will provide many new facilities to its more than 9 crore subscribers without any hassle. Like settlement of claims will be automatic, digital errors will be corrected and most importantly, you will be able to withdraw PF money directly from the ATM, just like the money kept in the bank account is withdrawn from the ATM. Today, through this news, we are going to tell you what new changes are going to happen in EPFO ​​​​3.0-

The process of withdrawing PF money will become easier and faster than before. Claim settlement will also happen automatically, 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 correct any information given in your account online from home, which will end the hassle of filling the form.

EPFO is now considering including other social security schemes like Atal Pension Yojana and Pradhan Mantri Jeevan Bima Yojana in its system so that workers in the unorganized and informal sector can also get better benefits of pension and security.

Now instead of filling a long form, you will be able to make necessary changes quickly and safely through OTP.

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

ESIC Health Services

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