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EPFO 3.0:This is good news for PF account holders that now with the new rules of EPFO ​​3.0, withdrawing money from PF account has become super easy. Yes, now like the bank’s ATM card, EPFO ​​will get its own special ATM card, through which PF money will be withdrawn instantly. Earlier one had to apply online and the process would drag on for days or weeks, but with this new feature of EPFO ​​3.0, everything will become faster and simpler.

The purpose of this new system is to provide financial ease to PF members and to provide immediate funds in case of emergency. This facility has started in 2025 under EPFO ​​3.0, which is a big initiative of the Government of India and the Ministry of Labor. In this, PF members will be given a special ATM card, which will be directly linked to their PF account.

With the help of this card, members will be able to withdraw up to 50% of their PF balance, so that they can get immediate help in sudden needs. For security, every transaction will be done through PIN, OTP or biometric verification, which will reduce the risk of fraud to zero. This facility will work on all authorized ATMs across the country.

What is the new rule of EPFO ​​3.0?

EPFO 3.0 is a new digital platform, which has been created to provide better service to PF account holders. In this, the facility of ATM card has been added to withdraw instant money from PF. Earlier, for PF withdrawal one had to fill online form and wait for approval, which was quite cumbersome and time consuming.

Now with the rules of EPFO ​​3.0, members will be able to withdraw money directly from their EPFO ​​ATM card, just like a bank account.

This facility is available to all members whose account has regular contributions, KYC (Aadhaar, PAN, Bank Account) is updated and verified, and minimum balance is present. Withdrawal up to Rs 1 lakh will be allowed in each transaction, but the total withdrawal will not exceed 50% of the PF balance, so that the retirement fund remains safe.

Everything will be done in a secure and transparent manner with digital technology. EPFO 3.0 (EPFO 3.0) members will also be able to check their PF balance instantly through ATM or UPI platform.

Benefits and objectives of this scheme

The main goal of this scheme is to provide immediate financial help to PF members in emergency. Sometimes there is an immediate need for money due to illness, home repair or other emergencies. Earlier the process of PF withdrawal was so long that people used to get worried. With the ATM card facility of EPFO ​​3.0, now members will be able to withdraw money from any authorized ATM anytime, anywhere.

This will increase the financial freedom of PF members and they will be able to use their money without any paperwork or long waiting. The facility will be available 24×7, so that the needy will get immediate benefit. Also, this new digital system will boost the transparency and efficiency of EPFO ​​and complaints will reduce.

Easy way to withdraw PF from EPFO ​​3.0

After getting the ATM card, the account holder just has to insert the card in an authorized ATM, enter the PIN, choose the withdrawal option and withdraw the desired amount. No paper or online application required. The withdrawal limit from the card is 50% of PF balance or Rs 1 lakh per transaction.

EPFO has also ensured that only KYC verified members and whose bank account is linked to PF can use this facility. This will strengthen security and eliminate chances of misuse.