Will PF money be withdrawable from ATMs later this month? Server to remain down for 3 days..

Withdrawing PF funds is set to become faster and easier than ever for the country's millions of salaried employees. The central government is taking a major step toward making the EPFO ​​(Employees' Provident Fund Organisation) fully digital and user-friendly. Previously, subscribers had to navigate a lengthy process on the UAN portal to withdraw PF funds, often facing significant delays before the money reached their bank accounts. With the introduction of this new facility, people will no longer need to make rounds of offices or grapple with complex portals during emergencies. The government's primary objective is to eliminate paperwork from the PF withdrawal process and integrate it with the UPI ecosystem used in everyday life.

To implement this major technological shift, the EPFO ​​is upgrading its servers. According to government sources, a three-day server 'blackout' will take place in the coming days. During this period, all online EPFO ​​operations will be suspended to allow for the seamless integration of new backend features linked to ATMs and UPI. The EPFO ​​will launch a new mobile application to facilitate this service. This app will link directly to the subscriber's bank account. Additionally, it will be integrated with the BHIM app and other major UPI apps, enabling subscribers to place withdrawal requests directly through their preferred payment apps.

Withdraw up to 75% of the balance: What are the rules?