<ul><li>The government is set to ease the Provident Fund (PF) withdrawal process by increasing the auto-settlement limit from Rs 1 lakh to Rs 5 lakh.</li><li>EPFO's auto-settlement mode for claim processing was introduced in April 2020 for medical emergencies.</li><li>EPFO members will be able to withdraw up to Rs 5 lakh through the auto-settlement system.</li><li>EPFO’s auto-settlement system has seen significant growth with a record 2.16 crore auto-claims processed as of Mar. 6, 2025, compared to 89.52 lakh claims in 2023-24.</li></ul>

Centre To Raise Auto-Settlement Limit For PF Withdrawals To Rs 5 Lakh: Report

Discover more