Good News For EPFO Members: Auto-settlement limit for advance claims raised to Rs 5 Lakh – Check details

In a major relief for members of the Employees’ Provident Fund Organisation (EPFO), the government on Tuesday raised the auto claim settlement limit of provident funds (PF) from Rs 1 lakh to Rs 5 lakh. This will enable EPFO ​​members to have faster access to funds, especially in times of urgent need. According to the information shared, advance claims filed by the members will get settled in auto mode within three days of filing. 

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