Epfo new rule: If you also have a PF account then there is a great news for you. The Employees Provident Fund Organization (EPFO) has taken a decision that has made money to withdraw money in times of need than before. EPFO has increased the auto settlement limit from ₹ 1 lakh to ₹ 5 lakhs directly for advance claims. This is a huge gift, which will provide immediate financial help to millions of employees in emergency. Let us understand in easy language what this new rule is and what benefits you will get.

What is this auto settlement, what has changed?

Auto Settlement EPFO ​​has a hi -tech facility in which your advance claim money is passed directly from the computer system without any official investigation or approval. This reduces the time taken to settle the claim.

New and old rules

Till now, you could have removed only ₹ 1 lakh as advance due to this facility for reasons like disease, marriage, education. Now this limit has been increased by 5 times to ₹ 5 lakh. That is, now you will get money in a pinch for big expenses.

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For what work can you withdraw this money?

The EPFO ​​first launched this facility during the Korona epidemic, but now its scope has been increased. For these reasons, you can remove up to ₹ 5 lakh as advance through auto settlement.

• Homemade


• Children’s education (education)


• Cure disease (disease)


• wedding marriage)

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