EPFO claims, March 25 -- The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI integration for claims processing, a move aimed at enhancing efficiency and reducing transaction time, Labour and Employment Secretary Sumita Dawra said on Monday.
Speaking on the initiative exclusively with ANI, Dawra said EPFO currently has around 7.5 crore active members who maintain their PF accounts and contribute towards their pension. "We have undertaken significant work in this regard. Claims up to Rs1 lakh have been automated, self-correction mechanisms have been introduced, and unnecessary processes have been eliminated. Additionally, we have integrated databases, reducing the claim processing time to just three days," she said.
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