A new update in line with EPFO 3.0 news. Employee Provident Fund Organization (EPFO) has rolled out very big updates in EPFO:3.0 for the members. The latest EPFO version is designed such that the employees get more flexibility and ease to manage the accounts when it comes to the management of accounts at their own. With the new version the new features and processes there is an ease of management of accounts.
Though there is a question in mind of everyone that the online PF form filing will be phased out of system completely. In this news, we will be highlighting what all you need to know about EPFO 3.0 including the latest updates of EPFO 3.0.
EPFO 3.0
It is a digital upgrade that makes management of PF accounts very easy for employees. The new version rolled out recently has features and processes which can be used by any employee to manage his/her account all by themselves.
Feature list:
Self correction process: Employees can update their personal details by themself.
EPFO ATM: BY this card Employees can withdraw funds straight from their EPF.
Mobile app: The new mobile application is very simple to use and check balances.
Faster PF transfer: No need for employer’s approval to transfer PF which makes quicker and efficient.
Less paperwork: With everything is taken online now a days, There is a lot less paperwork.
With this digitalization in process, the updates related to paper form filling for PF is not correct. As it cannot be discontinues for a while till all the employees became digitally literate it will take time.
But direct claiming now possible and any correction in the profile can done with ease online without any paperwork. Aadhar authentication makes the process a lot easier and meaningful.
How to fill form online:
Go to EPFO website: Start by visiting Official EPFO site.
Login : Use Universal Account number and your password to login.
Find Online services tab on your dashboard to click on online services.