EPFO fast-tracks PF claims, boosts auto-settlement cap

The EPFO has launched a new system to process qualifying provident fund claims in just three days, aiming to boost transparency and cut down on waiting times. Additionally, the auto-settlement threshold has been raised to ₹5 lakh, alongside a broader rollout of digital processing. These updates are designed to ensure subscribers with full KYC compliance get their funds more quickly, particularly during times of financial urgency.

by shortkt.com
4 hours ago
EPFO fast-tracks PF claims, boosts auto-settlement cap | ShortKT