The Employees Provident Fund Organization (EPFO) is preparing to launch a new platform very soon and the new platform is going to be launched as EPFO 3.0. All employees are now expected to get better assistance. Apart from this, EPFO 3.0 will also have a strong IT platform which aims to provide the best facility to all the members.
According to the information received, Union Labor and Employment Minister Mansukh Mandaviya had given this information last month and he had said that it will be started in the meantime.
The minister said that EPFO 3.0 will be a world or platform that will provide better facilities to more than 9 crore customers without any hassles. Like automatic settlement of your medicines, correcting mistakes digitally, apart from this, you will get an opportunity to avail many more progressive facilities.
What will be new in EPFO 3.0
- ATM withdrawal: Claims will be accepted, apart from this, you will be able to withdraw your money from ATM like a bank account and that too without facing any problem
- PF withdrawal process will become very fast and settlement of claims will be done easily, you will not need mutual work
- Integration of social security scheme i.e. EPFO is now considering to include it with the system of social security scheme like Atal Pension Scheme and Pradhan Mantri Jeevan Bima Yojana so that you can also take advantage of these schemes
- You can easily get your account information online from home in minutes and make digital corrections
- Instead of long phone calls, now you can easily change quickly and safely through OTP and make many types of changes