Provident Fund ATM UPI Withdrawal: 75% EPF Accessible via ATM before March 2026

As per The Economic Times report, The Ministry of Labour and Employment has announced a significant change in the Employee Provident Fund (EPF) withdrawal process.  

EPF subscribers will soon be able to withdraw up to 75% of their corpus directly through ATMs and UPI platforms. This update aims to streamline fund access and minimise the need for complex paperwork. 

EPF Withdrawals via ATM and UPI Introduced for Faster Access 

In an interview with the ABP news channel, Union Labour Minister Mansukh Mandaviya confirmed that by March 2026, EPF withdrawals of up to 75% will be accessible via ATM and Unified Payments Interface (UPI).  

This digital facility marks a shift from the current process, which involves multiple forms and approval delays. Once introduced, subscribers can receive their funds instantly in their registered bank accounts through UPI or withdraw physically via ATMs. 

Revised EPF Withdrawal Rules Improve Accessibility 

Recent reforms have expanded the withdrawal framework. Previously, members were limited to withdrawing only their own contributions and associated interest.  

Under new rules, the amount available now includes the employer’s contribution and interest, thus increasing the accessible amount to 75% of the total corpus in cases such as unemployment. These provisions are expected to provide quicker relief to members in need. 

Standardised Eligibility Conditions Across Categories 

Earlier EPF withdrawal rules involved varied minimum service requirements depending on the reason for withdrawing.  

Now, a standard eligibility of 12 months has been implemented across all purposes. This simplification replaces the 13 category-based conditions that existed previously and enhances clarity for subscribers. 

Read More: Provident Fund Contributions on Wages Above ₹15,000 Now Voluntary, Clarifies Labour Ministry! 

Options for Full EPF Withdrawal in Special Cases 

In instances such as retirement after 55 years, permanent disability, voluntary retirement, or relocation abroad, subscribers are allowed to fully withdraw their EPF corpus.  

In unemployment scenarios, 75% can be withdrawn immediately and the remaining 25% after 12 months if the person remains unemployed. 

Conclusion 

The upcoming integration of EPF withdrawal with ATMs and UPI platforms aims to ease fund accessibility and reduce administrative burdens. Combined with the standardised rules and expanded withdrawal limits, these changes benefit EPF subscribers by offering simplified and quicker access to their corpus. 

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