The Employees' Provident Fund Organisation unveiled a messaging interface alongside an automated disbursement process during its 74th Foundation Day. Subscribers can now track balances, review recent transactions, and download statements directly on their phones. Furthermore, the agency will automatically settle Aadhaar-linked dormant accounts holding balances up to Rs 1,000 without requiring member claims. Accounts become officially inoperative when contributions cease for three years following retirement, permanent overseas migration, or a subscriber's death.
Key points
Active provident fund members can retrieve passbooks, monitor recent activity, and review…: Active provident fund members can retrieve passbooks, monitor recent activity, and review account balances directly via messaging.
Dormant low-balance portfolios will be closed automatically once identity and banking rec…: Dormant low-balance portfolios will be closed automatically once identity and banking records pass system verification.
Subscribers retain the option to transfer balances if still employed or withdraw their re…: Subscribers retain the option to transfer balances if still employed or withdraw their remaining funds upon retirement.
Sources checked by our analysis pipeline: 1
Celebrating the 74th Foundation Day of the Employees' Provident Fund Organisation (EPFO), Union Minister Mansukh Mandaviya, who is also the chairman of the Central Board of Trustees (EPF), has announced the launch of two key services for EPFO subscribers: the EPFO WhatsApp service and the automatic settlement of eligible inoperative EPF accounts.
What is the EPFO’s WhatsApp service?
Mandaviya announced that EPF subscribers will be able to access their Employees’ Provident Fund (EPF) balance, latest five transactions and passbook information through the EPFO's verified WhatsApp service.
Mandaviya says the WhatsApp service will also provide personalised guidance and assistance in completing PMVBRY-related requirements.
“This will make routine services accessible through a familiar mobile platform and reduce the need to visit EPFO offices,” says Mandaviya.
How can EPFO subscribers avail its WhatsApp service?
In a social media post, the EPFO says that subscribers can scan a QR code given in its social media message. Once downloaded, subscribers can also select their preferred language for sending messages.
These subscribers can start by writing "Hi" and sending it to 8796441800. Once the message is…
Investor scrutiny has intensified as the cybersecurity firm faces immediate market pressure during today's trading session. Shares of Check Point Software are recording a sharp downturn as market participants assess the situation. Unresolved questions have begun to emerge regarding the sudden drop in the company's valuation.
A family dispute has emerged following a parent's death, centering on financial contributions made for a major life event. The widow is seeking to recover tens of thousands of dollars originally provided to her stepchild, leaving the recipient uncertain of their responsibilities. This sudden post-funeral demand places the surviving family member in a difficult personal dilemma over returning the funds.
Investors are watching whether the wider financial landscape can absorb significant losses from a dominant technology segment. A retreat in this high-performing sector introduces uncertainty over macroeconomic momentum. Observers are evaluating whether overall equity strength can persist despite these emerging sector-specific headwinds.