EPFO New Claim Settlement Rules
The Employees Provident Fund Organisation (EPFO) has taken several steps in the last 1-2 years to simplify the claims settlement process for PF account holders. The Union Minister of State for Labour and Employment, Shobha Karandlaje, recently highlighted these steps in a written reply to various queries in the Rajya Sabha.
You should know about these changes going into the new financial year 2025-26, starting from April 1, 2025:
- Enhanced auto claim settlement: For auto mode processing of advance claims, the amount limit has been increased to ₹1 lakh. Moreover, in addition to illness/hospitalisation advances, the advances for housing, education, and marriage have also been enabled through auto mode processing.
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