EPFO Claims via BHIM-UPI Likely Within a Month
EPFO to introduce claim settlement through BHIM app within a month, enabling direct credit to UPI-linked bank accounts, says Central PF Commissioner.
New Delhi, July 31 — The Employees’ Provident Fund Organisation is preparing to introduce a new claim settlement mechanism through the BHIM app, enabling members to receive settlements directly in their UPI-linked bank accounts, with the framework expected to be rolled out within a month, Central Provident Fund Commissioner Ramesh Krishnamurthy said on Friday.
The initiative forms part of EPFO’s broader effort to modernise its services and improve the experience for both employees and employers. Speaking to IANS, Krishnamurthy said the new system would allow members to submit claims through the BHIM app, with the amount credited directly to their UPI-linked bank accounts, making the process faster and more seamless.
“The claim settlement process we’ll be introducing through the BHIM app and to, the claim will be settled to the UPI-linked bank account. So, this framework will also get implemented in maybe maximum a month from now,” Krishnamurthy said.