EPFO ATM Money Withdrawal Rules: Preparations are going on rapidly to make a unique announcement to all PF employees from EPFO. It is expected that from now on, PF employees will not have to wait for many days to withdraw money from their accounts. Yocanto withdraws your money from the PF account comfortably, like a bank account.
EPFO is now going to start the process of withdrawing money from the ATM. This means that PF employees can also withdraw their money from a debit card, for which no one will have to roll paper. This rule can be started soon, benefiting more than 7 crore subscribers. It is expected that it can be started by the year 2026, which will be an excellent benefit for the employees.
Know what the EPFO withdrawal card will be like
According to EPFO, the amount deposited in the PF account can be withdrawn through an ATM. A special card will also be issued to the Provident Fund account holder. This card will be exactly the size of a debit card and work like it.
If a media report is telieved, this service can start from January 2026. According to the information received from EPFO sources, under the new rules, 50 per cent of the total deposit amount of PF can be withdrawn from a card-like ATM. This will not cause any problem for the employees. All work will be done easily.
After how many days can 75 per cent of the amount be withdrawn
For information, let us tell you that if the PAA account holders lose their job due to any reason, then they can withdraw 75 percent of the money from the PF account after 1 month. With this, that person can work to fulfill his requirement during unemployment. The remaining 25 per cent deposited in PF can bereadilyy withdrawn after about two months of leaving the job.
