Fri Mar 07 01:38:55 UTC 2025: ## EPFO 3.0 to Offer ATM Withdrawals, Bank-Like Services: Mandaviya

**Hyderabad, India** – Union Labour Minister Mansukh Mandaviya announced the upcoming launch of EPFO 3.0, a significant upgrade to the Employees Provident Fund Organisation’s system. The new version will provide subscribers with ATM withdrawal capabilities and a range of other banking-like services.

Speaking at the inauguration of EPFO’s new Telangana office, Mandaviya stated that EPFO 3.0 will effectively transform the organization into a bank-like entity. Subscribers will be able to manage their funds using their Universal Account Number (UAN) without needing to visit EPFO offices or rely on their employers. He specifically promised the ability to withdraw funds directly from ATMs in the near future.

Mandaviya highlighted this as a major step towards greater accessibility and convenience for EPFO subscribers, emphasizing the ongoing reforms under Prime Minister Narendra Modi’s leadership. He cited improvements in claim processing, fund transfers, name corrections, and pension withdrawal as examples of recent positive changes. The minister also noted a decrease in complaints and an increase in overall service quality. Union Minister of Coal and Mines G Kishan Reddy also attended the event.

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