- EPF pensioners can access disbursement details through mobile app m-EPF
- m-EPF lets employees access their EPF account using Unique Account Number
- Employers can view remittance details using m-EPF app
The app says that users can view their monthly credits through the passbook as well their details available with EPFO. Similarly, the EPF pensioners have been given the facility to access their pension disbursement details through this mobile app.
The app, which has more than 1 million downloads according to Google Chrome Store, also enables employers to view their remittance details.
This year EPFO has made partial withdrawal easier from provident fund for medical and other purposes like purchase of house, education and marriage of children. For this purpose, the EPFO subscriber is no longer required to submit various certificates or documents.
EPFO has also said that its 4.5 crore subscribers and around than 54 lakh pensioners, will now receive payments through electronic or digital fund transfer system only, ensuring quick transfer of funds, easier tracking and reconciliation thereof. The Ministry of Labour in a notification dated May 4, 2017, provided for electronic or digital fund transfer/payment of EPF benefits, pension disbursement and insurance claim.
EPFO has also launched a housing scheme under which the members can make down payment for a house and also pay EMIs out of their EPF corpus.
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