EPFO Mandates submission of claims through online mode in case of settlement amount is above Rs.10.00 lacs

Feb 28, 2018 | by Avantis RegTech Legal Research Team

Employees' Provident Fund Organisation (EPFO) vide circular dated February 27, 2018 has made mandatory for all PF members to submit through online mode where amount of claim settlement is above Rs.10.00 lacs for PF claims and Rs.5.00 lacs in respect of the EPS withdrawal claims. The claim form must be accepted through online mode only.

The bank account of such PF members should have been seeded and verified in the system before settling such claims. Accordingly, all claims exceeding the above limits should not be accepted in the physical form.

[No. WSU/17(1)2017/Frauds/20514]

 

URL: https://epfindia.gov.in/site_docs/PDFs/Circulars/Y2017-2018/WSU_OnlineModeSettlement_20514.pdf


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