EPFO 3.0 Upgrade to Bring ATM Withdrawals and Easier Account Updates by 2026

According to a report, the Employees' Provident Fund Organization (EPFO) is preparing to roll out a significant digital upgrade, known as EPFO 3.0, by January 2026. This upgrade is expected to revolutionize the way members access and manage their provident fund accounts.

One of the most anticipated features of EPFO 3.0 is the ability for members to withdraw a portion of their PF directly from ATMs. This convenience, which was earlier promised as part of the upgrade, is now expected to be implemented by the beginning of 2026. The Central Board of Trustees (CBT), the apex decision-making body of EPFO, is set to review the proposal in its next meeting scheduled for the first half of October 2025.

In addition to ATM withdrawals, the EPFO 3.0 upgrade will also introduce several other digital enhancements. These include automatic claim settlements without manual processing, the ability to update or correct account details online without the need for office visits, and the integration of social security schemes like the Atal Pension Yojana and PM Jeevan Bima Yojana for wider coverage of unorganized workers. To ensure security and convenience, all key changes and services will be verified instantly through OTP-based authentication.

The upcoming EPFO 3.0 upgrade aims to make accessing provident fund services as simple as using a bank, as highlighted by Union Labour and Employment Minister Mansukh Mandaviya earlier this year. With these digital advancements, the retirement body is poised to provide a more seamless and user-friendly experience for its members.