EPFO 3.0: Soon you can withdraw PF money via UPI, know how

The Employees’ Provident Fund Organisation (EPFO) is gearing up to introduce its UPI-based withdrawal facility by April 2026, as part of its EPFO 3.0 model. This move aims at providing a bank-like service facility through the provident fund services so that its nearly eight crore EPFO members can move the amount to their bank accounts by providing a UPI PIN. The facility will allow users to withdraw up to 75 per cent of their money immediately, catering to cases such as medical expenses or education, while keeping 25 per cent locked up until retirement.

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Reports suggest that under the EPFO 3.0 model the government would launch a new mobile application through which members can undertake withdrawals based on their UPI facility. It has also been provided that a certain portion of the PF would be kept locked, but members would have access to a major portion for speedy withdrawal.

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The process would ensure that there is an automatic process for settling such withdrawals, and it would not be done manually. There would also be an arrangement for settling withdrawals within three days. There are already trial runs for undertaking withdrawals through dummy accounts, and it is planned that this would be ready for public use by April 2026.

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Requirement to withdraw PF using UPI

Here are some of the requirements if you want to withdraw your PF using UPI:

• Your universal account number must be active.
• Your account must be linked to your Aadhaar card for quick digital checks.
• Your current bank account and IFSC code must be updated in the system to avoid payment failures.

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New withdrawal rules under EPFO 3.0

The new system simplifies how you can take money out of your account. Here are the key points you need to know:

• Three simple categories: The old system had 13 different reasons for withdrawal. These have been merged into three easy groups: essential needs (like health and school), housing, and special circumstances.
• UPI and ATM access: You will soon be able to withdraw a portion of your funds instantly using UPI or a special ATM card, making it as easy as using a regular bank account.
• Minimum balance: To ensure you have money left for retirement, the rules now require you to keep at least 25% of your total balance in the account at all times.
• Marriage and education: You can now withdraw money for your children’s education up to 10 times and for marriages up to 5 times during your career.
• Faster service time: Most online claims will be handled by an automated system, with the target of getting money into your bank account in about eight days or less.
• Job loss rules: If you lose your job, you can withdraw 75% of your money after just one month and the remaining amount after two months.

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Bhaskar Sharma

Bhaskar is a senior copy editor at Digit India, where he simplifies complex tech topics across iOS, Android, macOS, Windows, and emerging consumer tech. His work has appeared in iGeeksBlog, GuidingTech, and other publications, and he previously served as an assistant editor at TechBloat and TechReloaded. A B.Tech graduate and full-time tech writer, he is known for clear, practical guides and explainers. View Full Profile