EPFO Special Card Coming: 7 Crore Members To Benefit, Check Details

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The Employees’ Provident Fund Organization (EPFO) is gearing up to introduce a special card for its members to benefit over 7crore people in this country. This new initiative aims at providing employees with easy, smooth access to PF services in a hassle-free manner. The special EPFO card is expected to change the way members access their accounts, track their savings, and avail various services.

What Is EPFO Special Card?

The EPFO special card will serve as a unique identification for all PF account holders. This card is likely to be linked with their Universal Account Number (UAN) and will give employees access to EPF-related services fairly easily. It may also double as an identity card for pensioners and active EPF members, making their interaction with the different branches of EPFO and those associated with EPFO more simple.  

Key Benefits Of The EPFO Special Card 

  1. Simple Access to PF Accounts – Check balance, withdrawal status, and contributions history easily.  
  2. Smooth Transection This card may aid in swift PF withdrawals, transfers, and loan requests.  
  3. Verification of Identity – Acts as an official EPFO-recognised ID, saving paperwork.  
  4. Faster Pension Approvals – Former employees could benefit from much faster pension processing.  
  5. Enhanced Digital Interlinking- Expected to be used along with EPFO’s online services and mobile apps.  

Who Will Get This Special Card?  

The special EPFO card will be issued to:  

  • Active EPF account holders from across sectors.  
  • Pensioners under EPS-95 who have retired.  
  • Organized workers who are contributing to EPFO.  

The government aims to ensure that all eligible EPFO members receive the card in a phased manner.  

How To Get The EPFO Special Card? 

Although the official launch date is not confirmed yet, the EPFO is gearing up to make the cards available soon. Once it becomes available, the members may likely be applying for the card through:  

  • EPFO’s official website or mobile application.  
  • Employer-assisting registration for employees of companies.  
  • Direct application at EPFO regional offices.  

Conclusion  

The EPFO special card initiative brings a tremendous shift in the lives of more than 7 crore members and E-Payments drive citizens ever cleaner. With features such as increased access, speedier transactions, and simplified verification, this card will undoubtedly render a better interaction for employees and pensioners. Further announcements will be made as EPFO finalizes the rollout plan.

Also Read: Govt Hikes Gratuity Limit To RS 25 Lakh, Big Benefit For Employees

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