Times of IndiaLean R·
New technology helps EPFO clear claims faster
EPFO's new technology is accelerating claim settlements and interest payments for members. Auto-processing now handles eighty-three percent of subscriber claims, a notable improvement. The organization recently processed a record eleven lakh claims, clearing a substantial backlog. This modernization allows for same-day claim processing and faster interest credit. EPFO's improved systems will also help manage legacy issues and inoperative accounts.
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