PF Withdrawal: The Employees Provident Fund Organization (EPFO) is preparing to give a new facility to its customers soon. EPF customers will now be able to withdraw their money through UPI. This facility will bring great relief to crores of EPFO customers.
Now PF amount can be transferred directly to the bank account from home through apps like Paytm, Google Pay, and PhonePe. This facility will make PF withdrawal even easier and faster.
According to reports, this facility of UPI integration of EPFO can be started in the next 2 to 3 months. With this facility of EPFO, it will take less time to withdraw PF amount anywhere and it will also be easy. This is an important step to facilitate PF withdrawal with the help of technology.
How to withdraw money from UPI
- The facility of withdrawing the PF amount through UPI has not started yet. But we tell you how money can be withdrawn through it.
- First of all, download apps like Paytm, PhonePe, Google Pay, etc. on your phone and link your bank. When this feature starts, open this app and find the option of ‘EPFO withdrawal’.
- Now enter your UAN number, in this, you can withdraw the full or part amount of PF. Some amounts mean for medical emergencies, home loan repayment, or education expenses, as per the rules of EPFO.
- After this, enter the amount you want to withdraw and proceed with the process. An OTP will come to your registered phone number, enter it, and confirm the transaction. After this, your PF money will come to your bank account or digital wallet.
PF account KYC must be complete
Let us tell you that to withdraw PF money, it is necessary to complete the KYC of the PF account. KYC includes your Aadhaar, PAN, and bank account information. You can get information online on whether your KYC is complete or not. For this, you have to log in to your PF account and for more information, you have to visit the official website of EPFO, epfindia.gov.in. Make sure your information is correct and up to date.