A major upgrade in provident fund access is on the way as the Employees’ Provident Fund Organisation (EPFO) plans to roll out a new mobile application by the end of March or early April. The app is designed to allow subscribers to withdraw their provident fund money directly using Unified Payments Interface.
Unlike the existing UMANG app, the upcoming EPFO mobile app will function as a standalone platform. It will be directly linked to the subscriber’s bank account, making the withdrawal process quicker and more streamlined.
The new app will be integrated with BHIM and other UPI applications. This will enable subscribers to transfer funds from their EPFO accounts straight into their bank accounts. Once credited, the amount can be withdrawn using UPI, an official told a publication.
At present, EPF withdrawals are processed only through the UAN portal or the UMANG app. The introduction of UPI-based withdrawals marks a significant shift in how subscribers can access their funds. With the new system, subscribers will be able to withdraw up to 75% of their EPFO balance directly into their bank accounts.
Existing withdrawal rules will continue to apply. As per current regulations, at least 25% of the EPF balance must remain in the subscriber’s account. This means members can withdraw a maximum of 75% of their total EPF corpus while maintaining the mandatory minimum balance. In cases of job loss, the remaining 25% can be withdrawn only after 1 year.
The EPFO manages a total corpus of nearly ₹26 lakh crore and has around 7.5 crore active subscribers or contributing members. The new app is expected to simplify access to funds for millions of users while maintaining regulatory safeguards.
The move is seen as part of EPFO’s broader effort to improve digital services and make fund withdrawals faster, more flexible, and user-friendly.
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