EPFO 3.0: UPI Withdrawals, New Portal, AI Language Support & Core Banking Soon
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News18•22-01-2026, 13:59
EPFO 3.0: UPI Withdrawals, New Portal, AI Language Support & Core Banking Soon
- •EPFO is set to launch EPFO 3.0, a major technological overhaul bringing a core banking-style system, new portal, and backend software.
- •The reform aims to centralize operations, allowing members to resolve complaints and service requests from any EPFO office nationwide.
- •EPFO 3.0 will integrate AI-powered language translation tools like Bhashini to communicate with members in their local languages.
- •UPI withdrawal facility for EPF funds is expected by April, with an initial proposed maximum limit of ₹25,000 per transaction.
- •Profile correction for personal details is already simplified, allowing self-correction without employer verification for various fields.
Why It Matters: EPFO 3.0 promises enhanced accessibility, faster services, and a modernized, bank-like experience for all members.
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