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Декабрь
2024

Plans afoot to bring EPFO service at par with banking, says top official

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The retirement fund body EPFO is upgrading its systems. Subscribers will soon access services like banks. They can withdraw claims using ATMs. This includes amounts up to Rs 7 lakh under the EDLI scheme. Heirs of deceased subscribers can also withdraw funds. Dedicated cards may be issued. The new system will roll out after a hardware upgrade.