00:00Karmachari Bhavishya Nidhi Sangatam, i.e. EPFO, is soon going to provide its customers with the facility of withdrawing money through UPI.
00:09That is, you can now transfer the PF amount directly to your bank account through the Paytm, Google Pay, Phone Pay, etc. app at home.
00:17This facility will benefit millions of customers of EPFO.
00:21So what are the details, how will this whole process be done, let's find out in this video.
00:26So, according to reports, EPFO has already prepared a slot for UPI integration and this facility will be implemented soon.
00:34It will take less time to withdraw the PF amount from the EPFO facility.
00:38At the same time, if money is needed immediately, then this work will be done very easily.
00:43Now let's understand how you have to withdraw money.
00:46The facility to withdraw PF amount through UPI has not yet started.
00:50But the method of how to withdraw money through it has been told.
00:53First of all, you have to download the Google Pay, Paytm, etc. app on your phone.
00:58You have to link your bank with it.
01:00If you use any of these apps in the past, then you do not need to download any other app.
01:06You have to open the app and find the option of EPFO withdrawal.
01:11When this facility starts, this option will be shown.
01:14Now you have to enter your UAN number here.
01:17You have to select the type of withdrawal you want.
01:20You can withdraw the entire PF amount or some money.
01:24Some money means that according to the rules of EPFO, you can withdraw money for medical emergency, home loan repayment, or education expenses.
01:32You have to fill the same amount here and move the process forward.
01:38An OTP will come on your registered phone number.
01:41You have to put the OTP here and verify your transaction.
01:45After that, the PF money will immediately come in your bank account or digital wallet.
01:50To withdraw PF money, you have to complete the KYC of the PF account and this is mandatory.
01:56The information of Aadhar, PAN, and bank account is included in the KYC.
02:00Whether your KYC is complete or not, you can check its information online.
02:04For this, you have to log in to your PF account.
02:07For more information on this, you have to go to the official website of EPFO, epfindia.gov.in.
02:14Now let's know when this facility will start.
02:17To withdraw PF money through UPI, EPFO is talking to National Payment Corporation of India, i.e. NPCIA.
02:25This facility is expected to start in the next 2-3 months.
02:29After its start, EPF subscribers will be able to withdraw their money easily.
02:34This means that a wonderful facility is about to launch soon.
02:38If you want to withdraw your PF money, you don't have to follow a long process.
02:44You can easily transfer your PF money to your account through Google Pay or Paytm.
02:54How did you find this information and this facility? Do tell us in the comments.
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