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Soon, withdraw pension using EPFO's mobile app

Soon, withdraw pension using EPFO's mobile app

Zee Media Bureau

Employees Provident Fund Organisation (EPFO) is soon going to have a mobile application which would let one withdraw pension and have all the pension related data on a smartphone.

The retirement fund body is hoping to roll out the pension app by 2017, which is aimed at reducing red tape and time taken to process pension applications.

Having Aadhar card would become mandatory for all those who would like to use the app as verification of the subscriber would be done through electronic know your customer (e-KYC) using the Aadhaar number.

 

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