The big news has surfaced for members of the Employees Provident Fund Association (EPFOO). Union Labor and Employment Minister Mansukh Mandavia on Tuesday, June 7, said that the Employees Provident Fund Association has increased the Auto Claim Settlement limit of the Provident Fund (PF) to withdraw easy funds. Let’s know the details about the extended auto clam settlement limit

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Rs. 1 lakh can be withdrawn

According to the report, the Auto Claim Settlement has increased to Rs 1 lakh for all the Advance Claim. In the past, this limit was Rs 1 lakh for EPOO members, so that the funds could be used for immediate needs. During the Korona epidemic, the Provident Fund had launched an auto settlement of advance claims in 2020, so that the members could easily withdraw funds.

EPFO has said that with an increased limit of Rs 1 lakh, the advancement claim will now be done through auto settlement, which can be processed within three days after submitting it. This improved limit and rapid access to funds will help the members to get financial support at the most need.

How to do Auto Clay Setting

Auto claim settlement works by an automatic system and has no human intervention. This ensures rapid transactions and transparency. The Employees Provident Fund Association (EPFO) works under the Ministry of Labor and Employment of the Government of India. He manages the retirement benefit scheme, employee provident fund (EPF) available to all salaried employees in India.

In the financial year 2024-25, the EPFO ​​processed the 1.5 million advance claims by auto settlement, which is increased by 161 percent over the previous year. Significantly, 59 percent of all advance claims in 2024-25 were removed by auto mode. In the first 3 months of the financial year 2025-26, the EPFO ​​has so far made 76.52 lakh claims of auto settlement.

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