Punjab National Bank is warning account holders with inoperative accounts to complete their KYC by April 15, 2026. Failure to ...

The retirement fund body has carried out a KYC analysis of such inoperative accounts, as the pilot phase will see auto-settlement for only KYC and Aadhaar-seeded accounts.

EPF members may soon withdraw funds via UPI, with a pilot project set to auto-settle claims for small, inactive accounts.

EPF is a crucial long-term saving scheme. Accounts become inoperative if no contributions occur for three years post-age 55 ...

PNB has asked inoperative account holders to submit their KYC on or before 15 April 2026, to ensure that their accounts are ...

Lakhs of EPF account holders are set to benefit from the decision of the Union Labour Ministry to refund balances lying in inoperative accounts under the Employees’ Provident Fund Organisation (EPFO).

The Central Board of Trustees has recommended an 8.25 per cent interest rate for the Employees' Provident Fund (EPF). The EPF interest rate is recommended by the EPFO's Central Board of Trustees (CBT) ...

Approves new pilot scheme for auto initiation of claim settlement of inoperative accounts, approves notification of new ...

The 239th EPFO CBT meeting chaired by Dr. Mansukh Mandaviya approved an 8.25% interest rate for 2025-26, a major Amnesty Scheme for exempt trusts, a new simplified SOP, and a pilot for auto-claim of ...

EPFO approves automatic settlement of inoperative PF accounts with balances up to ₹1,000. Around 1.33 lakh accounts worth ₹5.68 crore to be credited directly.

Singh said that the banks should continue their effort to complete re-KYC of focus group of accounts, which are operative or has become inoperative less than a year ago. He said that this group has ...