India’s Employees’ Provident Fund Organisation (EPFO) plans to let members draw provident fund advances directly via the government-backed BHIM UPI app, shifting how savers access money. Eligible EPF subscribers will initiate advance withdrawals using UPI instead of only online claim forms, speeding up approved payouts while keeping existing withdrawal rules, eligibility conditions, and safeguards intact.
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EPFO Plans UPI-Based PF Advance Withdrawals Through BHIM App
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