EPFO's big decision! Members will now be able to withdraw 100% of their eligible balance. Learn about the changes.

Several important decisions were taken at the 238th Central Board of Trustees meeting of the Employees' Provident Fund Organization (EPFO). Members can now withdraw 100% of their eligible balance.

EPFO New Rule 2025: The 238th Central Board of Trustees meeting of the Employees' Provident Fund Organization (EPFO) was held on Monday. The meeting was chaired by Union Labor Minister Dr. Mansukh Mandaviya. Several important decisions were taken, directly benefiting over 300 million members. The most significant decision was regarding 100% of employees' eligible balance.

According to this, members will now be able to withdraw both the employee and employer's share from their account in one go. Furthermore, changes were made to the rules for partial withdrawals, making them easier to withdraw so that members do not face any difficulties in withdrawing funds in times of need.

100 Percent Withdrawal Facility

The government has changed the rules for partial withdrawals from the EPFO scheme. Members can now withdraw 100 percent of their funds. Previously, withdrawal rules were based on 13 different reasons. These have been revised to three categories: essential needs (illness, education, and marriage), housing, and special circumstances.

25 Percent Balance Must Be Maintained

Members benefiting from the EPFO scheme must maintain a minimum balance of at least 25 percent of their deposits. This will ensure that they continue to receive 8.25 percent annual interest and compound interest on their deposits. The EPFO believes this will help balance their needs and future savings.

Changes in Withdrawal Rules

Previously, the EPFO allowed three withdrawals for marriage and education. Further changes have been made to this, allowing for five withdrawals for marriage and ten withdrawals for education. This means that members can now withdraw their deposits under the EPFO scheme more frequently than before, as needed. Furthermore, under the new rules, partial withdrawals have been completely digitalized. No documentation will be required for partial withdrawals.

Other Important Decisions

EPFO has launched the Vishwas Scheme. Under this scheme, the penalty for delayed PF payments has been reduced to 1 percent per month. Furthermore, EPFO has introduced the facility for pensioners to submit digital life certificates from home. This will directly benefit senior citizens living in rural areas. EPFO has informed that this facility is completely free and pensioners will not be required to make any payment.