Archive · 25 Sep 2025
EPFO Considers ATM Withdrawals from January 2026
The Employees' Provident Fund Organisation (EPFO), which manages retirement savings, might soon let people withdraw money from their accounts using ATMs.
The goal is to make it easier and quicker to get your money when you need it, instead of going through a lengthy process.
This new feature is planned to be available by January 2026, if approved in the upcoming board meeting.
The EPFO is also considering providing a special card for withdrawals.
EPFO is considering allowing ATM withdrawals.
ATM withdrawals could be available by January 2026.
The Central Board of Trustees (CBT) will likely approve the plan in October.
The EPFO has a total corpus of over Rs 28 lakh crore.
A special card may be issued for withdrawals.
- Who
- EPFO subscribers
- What
- May allow ATM withdrawals of accumulated corpus.
- When
- Expected by January 2026.
- Where
- N/A
- Why
- To increase access to funds.
- Organization
- Employees’ Provident Fund Organisation (EPFO)
- Proposed Feature
- ATM Withdrawals
- Target Launch
- January 2026
- CBT Meeting
- October (Second Week)
- Total EPFO Corpus
- Over Rs 28 lakh crore
- Total Contributing Members
- Around 78 million