Now you will not have to upload the check or passbook while making an EPFO claim, this way money will be withdrawn easily
The Employees Provident Fund Organization (EPFO) has removed the requirement to upload a copy of the bank passbook or checkbook while applying for an online claim. The department will use other methods for verification. This change aims to simplify the claim process and speed up the approval. According to the new EPFO circular, the previous process of settling online claims will no longer be followed.
New verification process
Verification will be done using online bank KYC verification.
The employer will verify the bank account details using the Digital Signature Certificate (DSC).
It will also be checked whether the Aadhaar number of the claimant is verified or not.
How to apply for claim
First of all, go to the EPFO portal and log in using your UAN and password.
After logging in, go to the "Online Services" section and select the claim option.
Next, verify your bank account, in which the advance payment will be received.
You need to upload a scanned copy of your bank account cheque or passbook.
State the reason for requesting the advance amount, which could be for purposes such as medical expenses, education, or marriage of yourself, your daughter, son, or sibling.
Generate an Aadhaar-based OTP and then apply.
Increase in advance limit
Recently, EPFO has also increased the limit of advance amount. The amount has been doubled from ₹50,000 to ₹1,00,000. The advance can be withdrawn using the auto-settlement mode, eliminating the need to visit any EPF official. The money will be credited to the member's account within 3 to 4 days.
