North India Statesman
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Your PF account and daily banking work- both are now directly connected to your hands. Yes, till now there was a long process to withdraw money from EPF, but it is going to change since January 2026. There is a discussion that the Employees Provident Fund Organization (EPFO) is going to start a big digital service for its more than 8 crore members. That is, now EPF members will be able to withdraw their money directly in easy ways like ATM and UPI. But now this facility will not be available on Diwali, because the final seal can be taken in the meeting to be held on October 10-11.
What will change?
Till now you had to claim to withdraw money from EPF. It used to often take weeks to settle the claim.
After the new system comes, the withdrawal of EPF money from ATM card or UPI app will be as easy as withdrawing from the bank account.
Why won’t you get gifts on Diwali?
Many people hoped that the service would begin before the festive season. However, the reality is that technical setup and banking integration is not yet complete. Therefore, EPFO has clarified that this service will be applicable from January 2026.
What will happen in the meeting to be held on 10-11 October?
The Central Board of EPFO is scheduled to meet in Delhi.
This will be a major part of the new service agenda.
A final decision will be taken on integration with banking partners and UPI networks.
What will be the benefit of you?
Withdrawing money immediately: Now the hassle of claiming and waiting is over.
Emergency aid: immediate cash for hospitalization, marriage or any other necessary expenses.
Transparency – Transactions are done directly through UPI/ATM, without any middleman.
Technology -lover service – It is considered to be the biggest upgrade in today’s digital India.
Who will benefit the most?
To young professionals,
Those who constantly change their jobs and link PF accounts.
Of lower income group
People, who have to face financial problems when suddenly needed.
A middle class family
Who has always trusted PF.
What will be challenges?
A strong digital infrastructure is required to connect ATM and UPI.
The real -time integration of bank and EPFO systems is not easy.
The security system has to be strengthened to prevent fraud.
About UPI’s strength
Think, your friend suddenly needs money. Earlier it took at least 10 days to withdraw money from PF. Now you can do this work through UPI at 11 pm. This is the biggest strength of the decision.
When will the new service be implemented:
From January 2026, 8 crore PF account holders of the country are expected to get this facility.
Pilot projects can also be run in some major cities in the initial months.
