The Employees’ Provident Fund Organisation (EPFO) in India is introducing UPI payments to facilitate quick settlements for claims up to Rs 1 lakh. This enhancement is designed to simplify the withdrawal procedure, cutting down the settlement duration from days to mere minutes, thus improving convenience and effectiveness for members.
“EPFO to Integrate UPI for Instant Settlements, Streamlining Withdrawals and Enhancing Efficiency for Subscribers”
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