An EPFO account is classified as inoperative if there has been no contribution or transaction for three consecutive years.

EPFO will automatically refund over ₹30 crore from inoperative accounts directly to members or legal heirs under a major ...

A total of Rs 30.52 crore stuck in over seven lakh inoperative accounts of the retirement fund body EPFO will soon be ...

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.

The Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a balance up to Rs 1,000. These funds will be credited to Aadhaar-seeded accounts ...

The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...

The Ministry of Labour and Employment is preparing a large clean‑up exercise within the Employees’ Provident Fund Organisation (EPFO). The plan involves automatically settling over 7.11 lakh ...

EPFO to settle 7.11 lakh inoperative accounts, crediting ₹30.52 crore directly to Aadhaar-linked bank accounts without paperwork. Learn more.

EPFO launches automated refund drive to return Rs 30.52 cr from 711,000 inoperative accounts to members and heirs ...

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 Employees' Provident Fund Organisation (EPFO) is set to reclaim Rs 30.52 crore from over seven lakh inoperative accounts to the rightful account holders or their legal heirs. This move, ...

If you have ever changed jobs, stopped contributing to your EPF account, or forgotten about an old provident fund account, there is good news for you. The government has announced a new initiative ...