Pf upi withdrawal rules: Employees Provident Fund Organization (EPFO) is preparing to provide a new facility to its customers soon. EPF subscribers will now be able to withdraw your money through UPI soon.
EPFO can now transfer PF directly to your bank account sitting at home through the app Paytm, Google Pay, PhonePe etc. This facility will benefit millions of EPFO customers.
According to reports, this facility can be started in the next 2 to 3 months for EPFO’s UPI integration. With this facility of EPFO, it will take you less time to withdraw the amount of PF anywhere and it will be easy.
How to withdraw money from UPI?
The facility of withdrawing the amount of PF through UPI has not started yet, but we will tell you how to withdraw money through it.
First of all, download Paytm, PhonePe, Google Pay etc. app in your phone and link your bank. Open this app and find the option of ‘EPFO withdrawal’, this option will appear when this feature starts. Now enter your UAN number, in this you can withdraw PF’s full or some amount. Some money means to pay medical emergency, home loan or education expenses according to EPFO rules. After this, add the amount to withdraw and proceed to the process. An OTP will come on your registered phone number, put it and confirm the transaction. After this, your PF money will come to your bank account or digital wallet.
KYC of PF account is necessary
Let us tell you that the KYC of PF account should be completed to withdraw PF money. KYC consists of your Aadhaar, PAN and bank account information. You can get information online whether your KYC is complete or not. For this, you have to login to your PF account and for more information you have to go to EPFO’s official website epfindia.gov.in.
