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Showing posts from November, 2026

EPFO Auto Settlement for PF Balances Up to ₹1,000

 The Employees’ Provident Fund Organisation (EPFO) has introduced an automatic settlement facility for eligible inoperative Employees’ Provident Fund (EPF) accounts with balances of up to ₹1,000. Under this initiative, eligible members will not need to submit individual claims to receive their outstanding PF balances, subject to the prescribed identity and bank-account verification requirements. The announcement was made by Union Minister for Labour and Employment Dr. Mansukh Mandaviya on 1 November 2026 during EPFO’s 74th Foundation Day celebrations in New Delhi. According to the Ministry of Labour and Employment, approximately one lakh inoperative PF accounts involving around ₹5 crore are expected to benefit from the initiative. EPFO has also announced WhatsApp-based member services that will allow subscribers to access PF balance information, recent transactions and passbook details through its verified WhatsApp service. Key Highlights of the EPFO Automatic PF Settlement Facilit...