News India Live, Digital Desk: EPFO NEW Rules: The Employees Provident Fund Organization (EPFO) has made the PF withdrawal process very simple for its customers. The EPFO, which has solved the problem of wandering for several days, has now provided a rapid PF withdrawal facility through digital medium. However, for this, EPFO shareholders will have to fulfill five important terms.
To withdraw PF money quickly, EPFO subscriber’s UAN (Universal Account Number) Number and Mobile Number linked to it should be active. Because while removing PF, an OTP is sent to the registered mobile number.
EPFO members will also have to register their bank account and IFSC code along with their PF account. The member who wants to withdraw the PF amount will be deposited directly into the account.
To claim the PF amount, EPFO members are required to record the date of joining employment in their records. If EPFO subscribers have to withdraw PF money quickly, then they are required to fulfill these five conditions.
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