The Employees' Provident Fund Organisation (EPFO) has announced a significant increase in its auto-settlement limit for advance claims, raising it from Rs 1 lakh to Rs 5 lakh. This enhancement will benefit millions of EPFO members by enabling faster access to their funds during urgent financial needs.

Labour Minister Mansukh Mandaviya confirmed that claims up to Rs 5 lakh will now be cleared within three days through the automated system, eliminating the need for manual verification. Previously, members seeking withdrawals above Rs 1 lakh faced lengthy procedures, including office visits and manual approval processes.

The proposal was approved by the Central Board of Trustees' Executive Committee in March 2025, reflecting EPFO's commitment to improving member services. This streamlined process represents a major relief for lakhs of members who previously endured time-consuming verification procedures for larger withdrawal amounts.