EPFO reaches out to subscribers with unclaimed balance
EPFO is developing an auto-settlement facility to disburse unclaimed money from inoperative accounts directly to subscribers. This initiative will initially target Aadhaar-verified accounts with balances of Rs 1,000 or less, aiming to clear idle funds and simplify the withdrawal process for members.
EPFO is developing an auto-settlement facility to disburse unclaimed money from inoperative accounts directly to subscribers. This initiative will initially target Aadhaar-verified accounts with balances of Rs 1,000 or less, aiming to clear idle funds and simplify the withdrawal process for members.
