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EPFO UPI withdrawal start date: Now you can withdraw PF money from ATM! Know complete information about the new rules
Samira Vishwas | June 1, 2026 6:24 PM CST

EPFO UPI withdrawal start date: EPF (Employees’ Provident Fund) and EPS (Employees’ Pension Scheme) are government-backed retirement savings schemes in India and both are managed by the EPFO. However, the government views EPF savings and EPS pension contributions as two different things.

Will withdrawing EPF funds through ATM have any impact on pension?

The facility to withdraw funds through ATM is applicable only on the EPF balance which includes the contributions made by both the employee and the employer to the Provident Fund (PF). Apart from this, members will be allowed to withdraw only up to 75% of their EPF balance.
Pensioners cannot withdraw their EPS pension amount through this facility.

What did the Labor Ministry clarify?

It has been said in a government notification in this regard. The right to receive pension at the age of 58 years will be completely unaffected by the proposed changes. A member can withdraw the amount deposited in his pension account at any time during the 10 year period, provided he has not yet completed 10 years of service. However, to get pension at the time of retirement, the member must have completed at least 10 years of EPS membership.
This notification means that if a 50-year-old employee withdraws a large part of his EPF balance, it will not reset his EPS service record. He will continue to be entitled to pension benefits as long as he completes at least 10 years of eligible service.

What is EPFO ​​3.0?

EPFO 3.0 is a major digital upgrade initiative of EPFO ​​that will allow subscribers to withdraw or transfer their PF funds instantly and without any paperwork.
This new arrangement will eliminate delays in processing by allowing subscribers to directly access and transfer their provident fund savings through UPI and UPI-enabled ATMs.

EPFO 3.0 launch date

Labor Minister Mansukh Mandaviya said earlier this month that the government has completed testing of this facility and it is expected that this service will be launched soon.
However, he did not give any definite date.
Mandaviya said, “We have completed testing of this facility, under which members can withdraw their EPF (Employees’ Provident Fund) using the UPI payment gateway. The withdrawn amount will be transferred directly to the member’s bank account.”
According to government data, the government added more than 1.29 crore employees to its payroll in 2024-25. During this period, the unemployment rate decreased from 6% in 2017-18 to 3.2% in 2023-24.
EPFO currently manages funds worth around ₹28 lakh crore and is trusted by crores of members because of its robust systems, security and high returns, which in many cases are also tax-free.

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