– Advertisement –
EPFO Big Update: The Employees’ Provident Fund Organization (EPFO) has made a major decision for its millions of members. Several important changes were approved at a meeting of the Central Board of Trustees (CBT). Members will now be able to withdraw 100% of their eligible balance.
EPFO New Rule: The Employees’ Provident Fund Organization (EPFO) took several important decisions at its 238th Central Board of Trustees (CBT) meeting, which will benefit millions of members. The Employees’ Provident Fund Organization’s board meeting, chaired by Union Labor Minister Dr. Mansukh Mandaviya, made several significant decisions. Employees will now be able to withdraw 100% of their “eligible balance,” i.e., both the employee and employer portions, from their accounts. Furthermore, partial withdrawal rules have been simplified and made transparent, ensuring that members face no difficulties in withdrawing funds when needed.
The meeting, chaired by Labor Minister Mansukh Mandaviya, included several steps taken to simplify rules, expand digital services, and reduce litigation. These changes are a major step towards making life easier for employees. The meeting decided to make major changes to the rules governing partial withdrawals from the EPF scheme. Until now, there were 13 different rules for withdrawals under different circumstances, which have now been consolidated into three simple categories: essential needs (such as illness, education, marriage), housing needs, and special circumstances.
Chaired the 238th meeting of Central Board of Trustees of EPFO.
Under the leadership of PM Shri @NarendraModi ji, we are ensuring ease of living for members and ease of doing business for employers.
Key decision taken 👇
— Dr Mansukh Mandaviya (@mansukhmandviya) October 13, 2025
Major Decisions Taken at the EPFO Meeting
Now 100% Withdrawal Facility
The EPFO has eliminated 13 previously stringent rules and now allows partial withdrawals in only three categories: essential needs (illness, education, marriage), housing needs (house-related expenses), and special circumstances. Members will now be able to withdraw the entire balance in their PF account (including both employee and employer portions).
Previously, only three withdrawals were allowed for education and marriage, but now 10 withdrawals can be made for education and five for marriage. Furthermore, the minimum service period has been reduced to 12 months, which previously varied for different needs. The most significant change is that employees can now withdraw up to 100% of the balance in their account, including both the employee and employer portions.
25% Minimum Balance Required
EPFO has also ensured that members always maintain a minimum balance of 25% in their accounts. This will allow members to benefit from an 8.25% interest rate and compound interest, helping them build a substantial retirement corpus.
Withdrawals Without Reason
Previously, in special circumstances (such as natural disasters, unemployment, or pandemics), a reason had to be given for withdrawals. This often resulted in claims being rejected. Now, this hassle has been eliminated. Members will be able to withdraw without reason under special circumstances.
Auto-settlement process simplified
Under the new rules, no documentation will be required. The withdrawal process is set to be fully automated, speeding up claim settlement. The period for premature final settlement has been extended from two months to 12 months, and the pension withdrawal period has been extended from two months to 36 months. This will allow members to withdraw funds for their needs without using their retirement funds.
Digital Transformation and New Features for Pensioners
The EPFO has developed a new framework under “EPFO 3.0” to further enhance digital services. This integrates core banking solutions with a cloud-based, API-first, and microservices-based system. This will enable faster claim processing, instant withdrawals, multilingual self-service, and easier payroll contribution integration.
EPF Rules 2025 : Are you unemployed and worried about your PF balance? Find out if you’ll still receive interest even if you’re unemployed.
– Advertisement –
#EPFO #Rule #Exemption #withdraw #entire #amount #EPF #account #saving #easier #rules #WhoWiki.org
