At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as also for pension. Photo: MintNew Delhi: Retirement fund body EPFO has made it mandatory to file online claims for provident fund withdrawals above Rs10 lakh, taking another step towards becoming a paperless organisation. The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for withdrawals of above Rs5 lakh under the Employees Pension Scheme 1995. At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as also for pension. The bank account of the subscriber has to be seeded and verified in the system before the online claims can be settled.

Source: Mint February 27, 2018 14:48 UTC