PF withdrawal ₹5 lakh

New Delhi, June 24, 2025 — In a major relief to Employees’ Provident Fund (EPF) subscribers, the Employees’ Provident Fund Organisation (EPFO) has permitted advance withdrawals of up to ₹5 lakh from PF accounts through an automatic settlement system. The auto-mode settlement aims to speed up processing for account holders in urgent need of funds, especially in cases like illness, education, or house construction, where advance withdrawals are permitted under existing rules. As per the latest update, the auto-settlement feature will allow advance claims up to ₹5 lakh to be processed digitally without requiring manual intervention. This means eligible claimants…