Can the money in your PF account now be used like a debit card? Many people have wondered this. The central government is soon launching 'EPFO 3.0,' which will make the entire PF withdrawal process digital and faster. Let's find out the ATM withdrawal limit and when these new rules will actually come into effect.

Managing the Employees' Provident Fund Organization (EPFO) is now going to be much easier for salaried individuals. EPFO ​​​​3.0 will soon be fully implemented by mid-2026, after which people will be able to use PF-related services in an easy, fast, and digital way. The biggest change in this is PF withdrawal. Whereas earlier, there was a need to visit the office or bank repeatedly to withdraw PF, this will no longer be the case. People will now be able to withdraw money through ATM and UPI as well.

How much PF can be withdrawn through ATM and UPI?

Under the new EPFO ​​3.0 rules, people will be able to withdraw up to 50% of their PF account balance through ATM or UPI. This allows people to easily save and use their money whenever needed.

However, certain requirements must be met to withdraw PF funds through ATMs and UPI. Your UAN must be active, your mobile number must be linked to your UAN, and it must be active. KYC must also be complete.

To expedite this process, the EPFO ​​has partnered with 32 public and private banks, including major banks like SBI, HDFC, ICICI, Axis, PNB, and Bank of Baroda. This will reduce the time required for PF claims and ensure faster disbursement of funds.

How will the EPFO ​​3.0 system work?

Under EPFO ​​3.0, you will receive a PF ATM card, which will allow you to withdraw PF funds through an ATM. This card will be linked to your PF account. You can withdraw funds directly through an ATM or UPI. The funds will be transferred directly to your bank account.

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