PF Update: You can withdraw 1 lakh rupees from your PF account in just a few minutes, you don't have to wait long..

There is great news for millions of salaried employees in the country. The Employees Provident Fund Organization (EPFO) is going to launch EPFO ​​3.0 soon, which will make it very easy and fast to withdraw money from the PF, i.e., Provident Fund account.

Earlier, to withdraw money from PF, one had to go to the online portal and fill out the form, then wait for the money to come to one's bank account. This process was very time-consuming and tiring. But now, under EPFO ​​3.0, the facilities will become very comfortable. Employees will be able to withdraw money directly from the ATM card or transfer an amount of up to Rs 1 lakh from their PF account instantly through the UPI app.

The PF account will be transferred as soon as you change jobs

If you change your job while working, then till now you had to apply separately to transfer money from your old PF account to the new PF account. This process also took time and sometimes became complicated. But in EPFO ​​3.0, this work will also be done automatically. Whenever you join a new company, your PF account will automatically be linked to the PF account of the new employer. This will make your money transfer quick without any hassle.

App and website will be even easier.

Changes will also be made in the EPFO ​​​​website and mobile app so that they become even easier to use. You will be able to check the balance of your PF account, see the status of the claim, and use other facilities very easily. That is, technology will be made so easy that anyone can easily get all the information related to their PF instantly.

Pension services will also improve.

EPFO ​​3.0 is not limited to withdrawing PF money only, but there is also a plan to make the pension service of employees digital and transparent. With this, all pension-related work will be done online and easily, due to which employees will have less trouble, and they will be able to avail themselves of their services quickly.

Digital verification will be easy.

Till now, there have been many problems in linking the Aadhaar card or completing KYC. But in EPFO ​​3.0, the system of digital verification will be so simple that employees will be able to easily link their Aadhaar or other documents online. This change will make online services related to PF more reliable and convenient. Also, the PF balance will be updated in real time, just like a bank account.

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