The Employees’ Provident Fund Organization (EPFO) is preparing to launch EPFO 3.0 soon. This information has been given by Union Labor and Employment Minister Mansukh Mandaviya himself. He said that the government is making big changes in EPFO. After its launch, EPFO members will get many facilities. They will not have to run around government offices.
All work will be done through UAN
Union Minister of Labor and Employment Mansukh Mandaviya said that EPFO 3.0 version will come in the coming days, which means that EPFO will become Equivalent Bank. Just like you do transactions in a bank, you deal with the bank. You have a Universal Account Number, all your dealings will be done with it. Just like transactions happen in a bank, EPFO members will be able to do all the work with their UAN.
You can withdraw money from ATM whenever you want
Neither will you have to visit the government EPFO office, nor will you have to go to the employer. The money is yours, you can withdraw it whenever you want. I promise that in the coming days you will be able to go to the ATM and withdraw your money whenever you want. We are doing such reforms in EPFO.
आने वाले दिनों में EPFO 3.O आ रहा है, मेरा वादा है EPFO लाभार्थी ATM से अपना पैसा निकाल पाएंगे…सरकारी दफ्तरों के चक्कर काटने नहीं पड़ेंगे। pic.twitter.com/o6RhkMyvGF
— Dr Mansukh Mandaviya (@mansukhmandviya) March 6, 2025
Continuous improvements are being made in EPFO
The Union Minister said all these things during the inauguration of Telangana Zonal Office and Regional Office of EPFO in Hyderabad. He said that under the leadership of Prime Minister Narendra Modi, changes are coming in EPFO and improvements are being made. Complaints are decreasing and services are increasing. He said that the functioning of EPFO is now becoming people-friendly. Meanwhile, the Union Minister also mentioned many reforms like fund transfer, claim transfer, name correction and pension withdrawal from any bank.
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