EPFO Auto-Settlement Limit Raised to ₹5 Lakh: What It Means for Members

The Employees’ Provident Fund Organisation (EPFO) has increased the auto-settlement limit for claims to ₹5 lakh, simplifying the process for members. This move aims to enhance efficiency and reduce delays in claim settlements. Under the revised limit, claims up to ₹5 lakh will be processed automatically, eliminating the need for manual intervention. This change is expected to benefit a significant number of EPFO members, ensuring quicker access to their funds. The initiative reflects EPFO’s commitment to leveraging technology for better service delivery and improving the overall experience for its members.

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