EPFO enhances auto settlement limit for members

The Employees Provident Fund Organisation (EPFO) has enhanced the auto-settlement limit for advance claims from ₹1 lakh at present to ₹5 lakh. Union Labour Minister Mansukh Mandaviya told reporters here on Tuesday (June 24, 2025) that the move will help lakhs of EPFO members to receive funds faster, especially in times of urgent need.

The Minister said the EPFO had first introduced auto-settlement of advance claims during the COVID-19 pandemic to provide quick financial assistance to members. “Since then the facility has been extended to cover advance claims for illness, education, marriage, and housing purposes. These claims are processed automatically by the system without any human involvement, ensuring quick turnaround and transparency,” he said.

He said the EPFO had taken a series of reforms to make EPFO services faster, transparent and user-friendly. Mr. Mandaviya added that in 2024–25, EPFO processed a record 2.34 crore advance claims through auto-settlement, a 161% increase compared to 89.52 lakh claims in 2023–24.