Another new update revealed regarding EPFO 3.0. The Employees’ Provident Fund Organisation (EPFO) has rolled out some major upgrades for its members with the launch of EPFO 3.0. This latest version is designed to give employees more flexibility and ease when it comes to managing their provident fund accounts. With EPFO 3.0, there are a bunch of new features and processes that simplify account management for employees.

 

One big question on everyone’s mind is whether the online PF form filling will be phased out completely. In this article, we’ll dive into everything EPFO 3.0 has to offer, including the latest updates and processes. We’ll also explore how the online form filling might evolve with EPFO 3.0 and the benefits that come with it.

 

EPFO 3.0: Key Highlights

 

What’s EPFO 3.0 all about?

EPFO 3.0 is a major digital upgrade that makes it easier for employees to handle their provident fund accounts. This new version comes packed with features that streamline account management.

 

Key features of EPFO 3.0

Self-correction process: Employees can now update their personal details directly on the EPFO portal, including their name, date of birth, and more.

EPFO ATM Card: This card allows employees to withdraw their PF funds straight from an ATM.

Mobile App: The new app makes it simple for users to manage their accounts, check balances, file claims, and update KYC info.

Faster PF transfer: Employees no longer need their employer’s approval to transfer PF, thanks to the quicker Aadhaar-based OTP authentication.

Less paperwork: With everything moving online, there’s a lot less paperwork, making processes quicker and more efficient.

 

Will online PF form filling come to an end?

With the introduction of EPFO 3.0, there are some updates happening in how online forms are filled out. However, it’s not accurate to say that online PF form filling will be completely discontinued.

 

What’s changing?

Self-correction: Employees now have the ability to correct their own details, so they won’t need to fill out forms for that anymore.

Reduced paperwork: The new system is mostly digital, which means less form-filling overall.

Direct online claims: Employees can submit their claims straight through the EPFO portal, skipping the old form-filling method.

Aadhaar authentication: Employees can use their Aadhaar card for identity verification, making the whole process easier.

 

How to fill out a PF form online?

1. Go to the EPFO website: Start by visiting the official EPFO site.

2. Log in: Use your Universal Account Number (UAN) and password to log in.

3. Click on ‘Online Services’: Find and click the ‘Online Services’ tab on your dashboard.

4. Choose your form: You’ll see various forms like the PF Withdrawal Form or Transfer Form. Pick the one you need.

5. Enter your details: Fill in all necessary information like your name, UAN number, and bank details.

6. Upload documents: If needed, upload any relevant documents.

7. Submit your request: Once everything is filled out, hit the ‘Submit’ button.

8. Get confirmation: After submitting, you’ll receive a confirmation message that your application is in the system.

 

Benefits of EPFO 3.0

EPFO 3.0 brings a bunch of advantages for employees managing their provident fund accounts:

 

– Independence: Employees can now update their personal info without needing assistance.

– Speedy processes: With less paperwork, everything moves along faster.

– Handy services: Features like ATM cards and mobile apps make things more convenient.

– Time-saving: Aadhaar-based OTP authentication speeds up the PF transfer process.

– Easy access: The new mobile app allows employees to manage their accounts on the go.