Employees across the country have been eagerly waiting for the rollout of EPFO 3.0, a new system that promises faster and simpler access to Provident Fund (PF) savings. One of the most anticipated features is the ability to withdraw PF money instantly using ATM or UPI, without filling lengthy forms or waiting days for settlement. Currently, PF withdrawal involves documentation, approval, and waiting periods, which often frustrates subscribers during emergencies.

However, the key question is—has EPFO launched this facility yet? The government has now shared an important update.

No. The ATM or UPI-based PF withdrawal feature has not been launched yet.

Earlier, there were expectations that EPFO would roll out EPFO 3.0 around June 2025, but according to officials, the launch was postponed due to technical challenges and extended system testing. Since then, the organization has not announced any new confirmed date for the roll-out.

This means EPF members will still have to follow the existing withdrawal process for now.

A significant update was expected during the October board meeting, but the panel did not make any announcement regarding ATM/UPI withdrawals. Instead:

EPFO has merged the earlier 13 withdrawal categories into just three broader classifications:

• Education withdrawal limit increased to 10 times the monthly salary




• Marriage withdrawal allowed up to 5 times the monthly salary




• Earlier, both combined could be withdrawn only three times

Now, only 12 months of service is required for any type of partial withdrawal.

Every subscriber must retain at least 25% balance in their PF account to ensure retirement savings remain protected and continue earning the 8.25% interest.

Future partial withdrawals will be processed through an automated, paperwork-free system, making claims faster and smoother.

EPFO has adjusted timelines so that subscribers can maintain long-term savings and avoid premature withdrawals.

Even though the feature is not yet active, initial expectations suggest:

• PF accounts will be linked to the UPI platform and ATM network.




• Withdrawals may require secure authentication, such as a PIN, Aadhaar-based OTP, or biometric verification.




• EPFO is likely to set daily or per-transaction withdrawal limits to prevent misuse.

Once implemented, this feature will eliminate the need for forms, physical approvals, or long waiting periods—making PF withdrawals as easy as a bank cash withdrawal and supporting the Digital India mission.

The new system is expected to simplify several key services, including:

• PF balance check




• Claim tracking




• KYC updates




• Correction of personal details




• Online claim filing




• Faster settlement timelines

EPFO aims to make its services more technology-driven, transparent, and user-friendly.