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EPFO 3.0: Subscribers could be allowed to withdraw PF using ATMs?

After announcing PAN 2.0, the central government is planning to unveil the EPFO 3.0 plan, introducing several new features for subscribers. According to exclusive information shared by CNBC Awaaz, the Employees' Provident Fund Organisation (EPFO) may lift the 12% limit on employee contributions to the Provident Fund (PF). Subscribers may have the option to withdraw PF directly using ATMs, a move aimed at making withdrawals more convenient. The report said that employees could soon have the flexibility to contribute to their PF accounts based on their savings preferences too. Watch here for more details.

first published: Dec 4, 2024 12:55 pm

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