In the last decade, the amount of unclaimed deposits in Indian banks has exploded, rising from ₹2,795 crore in 2014 to ₹97,545 crore by March 2025. That’s a massive compound annual growth rate (CAGR) of 38% over 11 years. But the real kicker? More than half—52%—of this growth happened in just the most recent three years.

In a landmark move set to redefine India's employment landscape, the Employees' Provident Fund Organisation (EPFO) has rolled out the Employment Linked Incentive (ELI) Scheme. Unveiled in the Union Budget 2024–25 and officially greenlit by the Union Cabinet in July 2025, the ELI Scheme isn't just another policy; it's a monumental shift in how India approaches formal job creation and social security for its growing workforce.

Stay ahead with the latest 2025 updates to the EPFO’s digital transfer process—no more waiting for employer signatures, no more paperwork, and no lengthy delays. Learn how the Employee Provident Fund (EPF) transfer workflow has evolved, the major differences between the old and new systems, and precisely how to complete a transfer yourself.

You finally apply to withdraw your PF, maybe after switching jobs, buying a home, or—worse—after losing a loved one. You wait, only to get a rejection message from the EPFO portal. No clear explanation, no one to talk to. Just a vague status. Sound familiar?

In a major step towards making homeownership more accessible, the Employees’ Provident Fund Organisation (EPFO) has announced a new rule in 2025: First-time homebuyers can now withdraw up to 90% of their EPF corpus after just three years of membership. This landmark change is expected to help millions of salaried Indians arrange funds for their first home, especially for the crucial down payment.

The EPFO’s declaration of an 8.25% interest rate for FY 2024-25, as per the official circular, is a positive development for millions of Indian employees. With early crediting and a stable rate, EPF continues to be a cornerstone of retirement planning in India.