look news india
News India Live, Digital Desk: The month of March 2026 is proving to be full of gifts for crores of subscribers of the Employees’ Provident Fund Organization (EPFO). In the meeting chaired by the Union Labor and Employment Minister EPFO 3.0 The project has been given the green signal, which will change the entire process from PF withdrawal to pension.
1. Big update on interest rate: 8.25% rate remains intact
financial year 2025-26 EPFO on PF deposits for 8.25% It is recommended to maintain the interest rate of Rs. Although the Finance Ministry had suggested reducing it slightly, the Board has approved the old rate keeping the interests of the employees paramount. More than 7 crore employed people of the country will get its direct benefits.
2. ‘EPFO 3.0’: Now claim settlement will be done in 3 days
Technically, EPFO is now going to be completely hi-tech. EPFO 3.0 Under this, the system is being made so advanced that the current time taken from 7 to 15 days can be reduced to just 3 days (72 hours) Will be done. Now account holders will not have to wait for weeks for their hard-earned money.
3. You will get money back without claiming (Automatic Settlement)
Taking a revolutionary step, EPFO has started ‘Auto-Initiation’ service. Under this, the money of those inoperative accounts will be sent directly to the member’s bank account in which the amount of less than ₹ 1,000 is deposited. For this, members will not need to fill any form or visit the office.
4. EPS-95 Pension and New Schemes
Government to modernize the legal framework of PF and pension Employees’ Provident Fund Scheme, 2026 And Employees’ Pension Scheme, 2026 Has been approved. Apart from this, the demand to increase the minimum pension from ₹ 1,000 to between ₹ 5,000 to ₹ 7,500 is also being seriously considered, on which Finance Minister Nirmala Sitharaman may soon make a big announcement.
5. Modernization of IT systems
Under the new reforms, EPFO is strengthening its IT infrastructure so that the website does not crash during heavy traffic. Also, in the future PF withdrawal through ATM And UPI based payment Work is also going on on such facilities, which will completely change the experience of account holders.