EPFO processes about 1.37 lakh claims, disburses Rs 279.65 Cr to help subscribers fight COVID-19

Employees Provident Fund Organization, EPFO, has processed about 1.37 lakh claims disbursing 279.65 crore rupees under a new provision to help subscribers fight COVID-19. This provision especially formulated by amending the EPF Scheme. The remittances of the money have already started taking place. The system as it stands today is processing all applications which are fully KYC compliant within less than 72 hours. The provision for a special withdrawal from the EPF Scheme to fight COVID-19 pande...