EPFO Update: How to Withdraw EPF Through ATM & UPI Directly? Check Steps to Follow, Eligibility, Limits, Rules

Employees covered under the Employees' Provident Fund (EPF) may soon be able to withdraw a significant portion of their savings through ATMs and the Unified Payments Interface (UPI), as the government moves to simplify and speed up access to provident fund money. The proposed changes are part of the upcoming EPFO 3.0 reforms, aimed at making PF withdrawals faster, more digital, and user-friendly.

EPF Withdrawal via ATM and UPI Likely Before March 2026

Union Labour Minister Mansukh Mandaviya has confirmed that the Employees' Provident Fund Organisation (EPFO) plans to roll out ATM and UPI-based withdrawal facilities before March 2026.

How PF Withdrawal Through ATM and UPI Will Work

Under the proposed system, EPFO members will be issued PF withdrawal cards, similar to bank ATM cards. These cards will be linked to the subscriber's PF account, enabling withdrawals through designated ATMs.

Once the new system is rolled out, EPF subscribers will be able to withdraw funds in a few simple steps. Members will first need to ensure that their UAN is activated and fully KYC-compliant, with Aadhaar, PAN and bank details linked.

For ATM withdrawals, subscribers will use their EPF withdrawal card at designated ATMs, authenticate the transaction using a PIN or OTP, and select the withdrawal amount within the permitted limit.

How to Withdraw EPF Through ATM Directly? Check Steps To Follow

• Use the EPF withdrawal card issued by EPFO at a designated ATM.
• Enter your ATM PIN or authenticate the transaction using OTP, as required.
• Select the withdrawal option and choose the amount within the permitted limit.
• Confirm the transaction and receive the withdrawn amount directly in your linked bank account.

How To Withdraw Your PF Money Through UPI? Follow Step-by-step Guide

In addition, EPF balances will be accessible via UPI-enabled platforms, allowing quicker transfers directly into bank accounts. For UPI-based withdrawals, members will be able to log in to the EPFO portal or linked UPI app, choose the PF withdrawal option, authenticate using OTP or biometric verification and transfer the amount directly to their bank account. The system is expected to offer near-instant credit, significantly reducing the current claim settlement time.

Steps to Withdraw EPF Through UPI

• Log in to the EPFO portal or a supported UPI-enabled platform once the feature is live.
• Select the EPF withdrawal option and choose UPI as the payment method.
• Enter the withdrawal amount within the allowed limit.
• Authenticate the request using OTP or biometric verification.
• Confirm the transaction to receive the PF amount instantly in your linked bank account.

To ensure long-term retirement savings are protected, the government may allow withdrawals of up to 75% of the PF balance, while the remaining amount continues to earn interest for future needs.

Eligibility Conditions for Seamless PF Withdrawal

For hassle-free withdrawals using ATM or UPI, EPFO members must meet certain eligibility requirements. These include activation of the Universal Account Number (UAN), an active mobile number linked to the UAN, and completion of KYC verification, including Aadhaar, PAN, bank account details, and IFSC code.

What are the Documents Required for EPF Withdrawal

Subscribers will need basic documents to access their PF savings, including address proof, identity proof, a blank cancelled cheque showing bank details, and the Universal Account Number. Proper documentation is expected to reduce delays and claim rejections.

To further reduce processing time, EPFO has tied up with 32 public and private sector banks. Under this arrangement, employers can directly deposit PF contributions into the banks maintaining employees' accounts.

PF Withdrawal Limits Based on Purpose

PF withdrawal limits will continue to vary based on the reason for withdrawal and years of service. Subscribers can withdraw up to 90% of their PF balance for house purchase or construction after five years of service.

In medical emergencies, members can withdraw up to six months' basic salary and dearness allowance or the employee's share with interest, whichever is lower.

For education or marriage purposes, 50% of the PF balance can be withdrawn after seven years of service. One year before retirement, subscribers aged 54 and above can withdraw up to 90% of their PF savings.