Now Reading: EPFO Settles 8.3 Crore Claims, Ends Cheque Upload Rule
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EPFO Settles 8.3 Crore Claims, Ends Cheque Upload Rule
The Employees’ Provident Fund Organisation settled 8,30,94,388 claims in FY 2025-26, up from 6,01,59,608 in FY 2024-25, the government told the Rajya Sabha. It also confirmed that members no longer need to…
The Story in Brief
The Employees’ Provident Fund Organisation settled 8,30,94,388 claims in FY 2025-26, up from 6,01,59,608 in FY 2024-25, the government told the Rajya Sabha. It also confirmed that members no longer need to upload a cancelled cheque image or attested bank passbook for online claims.
The requirement was withdrawn in April 2025, according to the Ministry of Labour and Employment. The government said about 7 crore members have benefited, with fewer rejections caused by blurred or unreadable documents and fewer related grievances. Bank details are now authenticated through EPFO’s digital systems, Minister of State Shobha Karandlaje said in a written reply on 6 August.
The Indian Opinion
Claims that EPFO has either made online withdrawals effortless or left members without safeguards are both too sweeping. The change removes a common document hurdle, but the reported claim total does not show how quickly individual cases were settled or whether all members faced fewer delays. The practical test is whether rejection rates and grievance numbers continue to fall after April 2025, not merely whether 8.3 crore claims were processed.
Sources (2): timesnownews.com, livemint.com
This story was synthesised by AI from the 2 sources linked above.
