Retirement fund body EPFO settled a record number of 2.16 crore claims through the autonomous process in the current financial year till March 6, which was more than double the figure of last fiscal, Parliament was informed on Monday.
In the previous financial year, the EPFO (Employees' Provident Fund Organisation) had settled 89.52 lakh claims.
Now, 60 per cent of advance (withdrawal) claims are processed through auto mode, said Minister of State for Labour & Employment Shobha Karandlaje in a written reply to Lok Sabha.
The minister said the limit for processing of advance (part withdrawal) claims through auto mode has also been enhanced to Rs 1 lakh.
In addition to illness/hospitalisation related claims, partial withdrawals for housing, education and marriage have also been enabled under auto mode, the minister told the House, adding that claims under the auto mode are processed within three days.
EPFO achieved a historic high of 2.16 crore claim settlement as on March 6, 2025 .