EPFO to Integrate UPI for Instant Settlements, Streamlining Claims Process and Enhancing Efficiency for Subscribers.

The Employees’ Provident Fund Organisation (EPFO) in India is gearing up to introduce UPI payments to facilitate quick settlements for claims amounting to Rs 1 lakh. This move is designed to simplify the withdrawal procedure, cutting down the settlement duration from multiple days to mere minutes, thereby boosting convenience and effectiveness for members.

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EPFO to Integrate UPI for Instant Settlements, Streamlining Claims Process and Enhancing Efficiency for Subscribers.

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