EPFO 3.0 will make the Employees Provident Fund Organisation system as accessible as a bank, including future plans for withdrawing money via ATMs (automated teller machines), according to Union Minister of Labour & Employment and Youth Affairs & Sports Mansukh Mandaviya.

Mandaviya praised the ongoing reforms, particularly in managing EPFO funds prudently, ensuring an interest rate of 8.5%—an offer unmatched by any bank.

The Union Minister also highlighted the convenience brought by digital platforms, allowing workers to manage their EPFO accounts, withdraw pensions, and make claims without the need for physical visits or signatures.

The nation is undergoing a transformation where workers—both formal and informal—are at the heart of building a new Bharat, said Mandaviya, assuring that the government is committed to enhancing EPFO services and infrastructure to better serve workers and promised that the office will always be there for the service of the people.

Mandaviya on Thursday inaugurated the Office Complex of the Zonal Office Telangana and Regional Office in Banjara Hills in Hyderabad. In addition, he virtually inaugurated the Regional Office in Naroda, Gujarat, and laid the foundation stone for staff quarters in Gurugram, Haryana.

The inauguration of offices is part of EPFO's broader strategy of outreach to members and to rationalise the bigger offices for effective workload management. The newly inaugurated Regional Office, Banjara Hills will serve approximately 5.5 lakh members and more than 11,000 establishments. The Regional Office at Naroda services 5 lakh members and 8,000 establishments. The new building at Begumpet, Hyderabad will also house the Additional Data Centre of EPFO which will help augment the technological improvements in service delivery.

EPFO’s staff quarters near Dwarka Expressway at Gurugram spread in a total area of 10,534 square metre will provide residential facilities including a community hall to 155 families of EPFO Officials. “These state-of-the-art facilities, equipped with modern digital infrastructure, represents EPFO's commitment to enhancing service delivery through office rationalisation and technological integration and at the same time fulfilling the aspiration of the staff of EPFO to have quality residential facilities,” the ministry of labour and employment said.

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