PF Settlement And Claims Through Online Mode Now Made Mandatory For Certain Cases

The EPFO has directed to accept the claim form only through online mode, if:

  • The amount of claim settlement should be above Rs. 10,00,000/- for PF claims and Rs. 5,00,000/- in respect of the EPS withdrawal claims.

  • The bank account of such PF members should have been seeded and verified in the system before settling such claims.

The EPFO, is trying to ease the compliance digitally for all large settlements(as mentioned above) and make them error free and time saving for the members.

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