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700,000 Dormant PF Accounts Get a Much-Needed Wake-Up Call!

Finance

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700,000 Dormant PF Accounts Get a Much-Needed Wake-Up Call!

Listen up, folks! The EPFO is shaking things up by reviving over 700,000 dormant PF accounts with a paltry Rs 1,000 each. That’s a whopping Rs 30.52 crore being handed out! If your account's been snoozing for 36 months, it’s time to wake it up! Money goes straight to your bank—no more nonsense! Get your act together, or you’ll be left with an idiot sandwich!

few days ago | Amit Kumar

Quick rundown

1.EPFO is refunding Rs 30.52 crore from inoperative accounts.
2.Over 700,000 dormant accounts to receive funds.
3.Automated refunds require Aadhaar-linked accounts.
4.EPFO 3.0 aims to streamline member services.
5.Digital transformation to cut claim processing time significantly.

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