EPFO to Allow Instant UPI Withdrawals from April 2026: New Rules Announced

Money
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News18•17-01-2026, 16:47
EPFO to Allow Instant UPI Withdrawals from April 2026: New Rules Announced
- •EPFO will enable direct EPF withdrawals to bank accounts via UPI starting April 2026, simplifying the process.
- •This new digital facility will eliminate the need for traditional claim filing, allowing instant fund transfers with a UPI PIN.
- •A portion of the EPF balance will be 'frozen' for retirement security, while the rest will be instantly accessible.
- •The claim limit for EPF withdrawals has been increased from 1 lakh to 5 lakhs, further easing access.
- •New rules for partial withdrawals, approved in October 2025, categorize 13 reasons into essential needs, housing, and special circumstances.
Why It Matters: EPFO is introducing instant UPI-based EPF withdrawals from April 2026, streamlining access while ensuring retirement security.
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