Mandatory submission of claims through online mode in case of settlement amount for PF is above Rs.10.00 lacs. and for EPS claims is above Rs. 5 lacs.

Mandatory submission of claims through online mode in case of settlement amount for PF is above Rs.10.00 lacs. and for EPS claims is above Rs. 5 lacs.

March 4, 2018 Industries, LAB, states 1

The Employees’ Provident Fund Organization (“EPFO”) has made online submission of claims mandatory for settlement in cases where the claim exceeds:

  1. Rs. 10 lacs for PF; and
  2. Rs. 5 lacs for EPS

Further EPFO has stated that the bank account of such PF members are required to be seeded and verified in the system before settling such claims.

Source: EPFO

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1 Comment

  1. nitin

    March 21, 2018
    Reply

    thank you for this valuable information

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