epfo new rules 2025: Employees’ Provident Fund Organization (EPFO) has announced several important changes for its members which will come into effect from January 1, 2025. These rules will impact crores of EPFO members and make PF withdrawals and other services easier for them. EPFO plans to upgrade its IT system so that members can get better facilities.
These new rules aim to make EPFO services more user-friendly. The government aims to ensure that PF account holders get easy access to their money and can use their funds without any hassle. Let us know what changes are going to happen in EPFO from January 1, 2025 and what you should do.
EPFO new rules 2025
EPFO has announced 5 major changes to be implemented from January 1, 2025. The objective of these rules is to provide better facilities to PF account holders. Let’s take a look at these new rules:
| Rule | Description |
| PF withdrawal from ATM | Members will be able to withdraw their PF money directly from ATM |
| Online Claim Processing | The claim process will be completely online |
| UAN-based accounting | All services related to Universal Account Number |
| e-nomination facility | Nomination can be updated online |
| digital life certificate | Pensioners will have to submit digital life certificate |
| mobile app upgrade | New features will be added to EPFO’s mobile app |
| auto settlement | Claim will be automatically settled |
1. PF withdrawal facility from ATM
EPFO has announced that from January 1, 2025, members will be able to withdraw money from their PF account through ATM. For this, EPFO will issue a special PF withdrawal card which will work like an ATM card. Members will be able to withdraw money from their PF account from any ATM using this card.
Headlines:
- PF withdrawal card will work like ATM card
- Money can be withdrawn from any ATM
- Up to 50% of the total PF balance can be withdrawn at one time
- Facility to withdraw money will be available 24×7
This facility will be very beneficial for the members as they will be able to withdraw their PF money easily and instantly. This will help in meeting the need of money in case of emergency.
2. Online Claim Processing
EPFO has decided to make claim processing completely online. From January 1, 2025, all types of PF claims can be submitted online and their settlement will also be done online. This will reduce the time taken in claim processing and members will be able to get money quickly.
key points:
- All types of claims can be submitted online
- Claim settlement will also be online
- Processing time will be reduced
- members will get money soon
This change will make EPFO services more efficient. Members will no longer need to go to the EPFO office and will be able to submit their claims sitting at home.
3. UAN-based accounting
EPFO has decided to introduce Universal Account Number (UAN) based accounting system. Under this, all PF accounts will be linked to UAN and all services will be provided through UAN.
Important information:
- All PF accounts will be linked to UAN
- All services will be available through UAN
- PF accounts of multiple jobs can be linked to one UAN
- It will be easy to transfer PF after changing job!
The UAN-based system will make management of PF accounts easier. Members will not have to maintain separate PF accounts for different jobs and the process of PF transfer on changing jobs will also be simplified.
4. e-nomination facility
EPFO has decided to start the facility of e-nomination. Under this, members will be able to add or update nominee in their PF account online. This facility will be available from January 1, 2025.
Headlines:
- Nominees can be added online
- Details of existing nominee can be updated
- Multiple nominees can be added
- Nominee’s share can also be determined
With e-nomination, members will not need to visit the EPFO office to add or change the nominee in their PF account. They will be able to do this work sitting at home.
5. Digital Life Certificate
EPFO has decided to start the system of Digital Life Certificate for pensioners. From January 1, 2025, pensioners will have to submit digital life certificate every year.
key points:
- Life certificate will be submitted in digital form
- Deposits can be made sitting at home
- Verification will be done through biometric or Aadhar
- There will be no delay in pension payment
With Digital Life Certificate, pensioners will not need to go to EPFO office every year and submit the form. They will be able to submit their life certificate while sitting at home.
Benefits of EPFO’s new rules
These changes made by EPFO will be beneficial for the members in many ways. Let us know what will be the benefits of these new rules:
- Easy access: PF withdrawal facility from ATM will give members easy access to their money. They will be able to withdraw their PF money at any time.
- Time Saving: Online claim processing will reduce the time taken to settle claims. Members will be able to get money quickly.
- Convenient services: UAN-based accounting will make all PF services available on a single platform. This will make it easier for members to manage their accounts.
- Easy Nominee Update: The e-nomination facility will allow members to easily add or update nominees in their PF account.
- Relief to pensioners: With digital life certificate, pensioners will not need to visit EPFO office every year.
Important steps for members
To take advantage of the new rules of EPFO, members will have to take some important steps. Let us know what you should do:
- Link UAN to Aadhaar: Link your Universal Account Number (UAN) to Aadhaar card. This is necessary because all the new services will be UAN-based.
- Update mobile number: Update the mobile number registered in your PF account. With this you will get all the necessary updates and OTP.
- Add Bank Account: Add your bank account to your PF account. This is necessary for withdrawing money from ATM and making online claims.
- Update KYC: Update KYC of your PF account. This includes Aadhaar, PAN and bank account details.
- Download EPFO Mobile App: Download the official mobile app of EPFO. With this you will be able to avail all the services on mobile only.
Disclaimer:This article is for informational purposes only. Although we have tried to provide accurate information, EPFO rules and procedures may change from time to time. Please get latest information from EPFO official website or office before taking any action. The author or publisher will not be responsible for any action taken based on the information provided in this article.
