Employees\u2019 Provident Fund Organisation<\/a> (EPFO) is expected to launch a mobile app by April, enabling eight crore subscribers to withdraw a certain portion of the employees\u2019 provident fund (EPF) directly into their seeded bank account through a unified payment interface (UPI).<\/p>\nThe Ministry of Labour and Employment is working towards the liberalised regime, which will make restricted access to EPF flexible. However, the government still wants to put a cap on a portion of the fund that will remain locked for retirement as is the case now, highly-placed sources said. <\/p>\n
Presently, PF money, comprising monthly contributions of 12 per cent of salary, both from employee and employer, can be withdrawn either through Universal Account Number (UAN) portal or the UMANG app. <\/p>\n
As per the Ministry sources, the upcoming app and the existing platform will continue to offer services for withdrawal of provident fund.<\/p>\n
Like any other banking facility, subscribers will be at liberty to view the eligible EPF balance available for transfer to their seeded bank accounts in the mobile application.<\/p>\n
The Ministry is looking to have inbuilt safety features as the EPFO subscribers will be allowed to use their linked UPI PIN to complete the transaction, ensuring a secure transfer of funds to their bank accounts.<\/p>\n
The EPFO is carrying out comprehensive trials using 100 dummy accounts to weed out glitches in the service for improving ease of doing business.<\/p>\n
Once the Ministry is convinced that the service is error free, the new app will be rolled out in April with a big fanfare to record government\u2019s push for reform. <\/p>\n
The current system demands that members apply for withdrawal claims to get EPF money, which is complex and time-consuming. As per the present rule, 100 per cent of PF amount can be withdrawn after fulfilling certain conditions including if the subscriber has retired or remained unemployed for a certain period. <\/p>\n
This would be latest in a series of reforms the Ministry has been carrying out in the recent past. In April 2020, the auto-settlement mode of EPFO for advance claims was introduced for faster processing, especially to aid members suffering from Covid-related illness. Subsequently, the facility was further expanded in May 2024 to bring with its umbrella education, marriage, and housing claims. However, all members have to file claims to access their own EPF.<\/p>\n
The withdrawal claims under the auto-settlement mode, however, are settled electronically without manual intervention within three days of filing the application form.<\/p>\n
Limit raised<\/p>\n
The limit of this auto-settlement mode has already been raised to \u20b95 lakh from the existing \u20b91 lakh.<\/p>\n
The new system will also reduce the burden on the EPFO, as over 5 crore claims, mostly for EPF withdrawals, are settled every year.<\/p>\n
The source said that the EPFO cannot allow its members to withdraw money directly from the EPF accounts because the body does not have any banking licences.<\/p>\n
However, the source said the government wants to improve EPFO services to be on par with banks.<\/p>\n
Published on February 9, 2026 <\/p>\n","protected":false},"excerpt":{"rendered":"The EPFO is carrying out comprehensive trials using 100 dummy accounts to weed out glitches in the service…\n","protected":false},"author":2,"featured_media":329980,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[79,18,158162,3559,157542,9641,19,17,234,235],"class_list":["post-329979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-eire","tag-epf-withdrawal-via-app","tag-epfo","tag-epfo-app","tag-epfo-withdrawal","tag-ie","tag-ireland","tag-personal-finance","tag-personalfinance"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116046617876422796","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/329979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=329979"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/329979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/329980"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=329979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=329979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=329979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"The](\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/08\/1x1_spacer.png\" "\\"The")
<\/p>\n