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AI : EPFO to auto-refund dormant EPF balances soon

EPFO Traces 118,000 Inoperative EPF Accounts Having Less Than Rs 1,000 Balance, Auto-Refund To Start Soon

The EPFO is set to auto-refund unclaimed funds lying in inoperative EPF accounts. The organisation has identified 118,000 accounts holding less than Rs 1,000, and will refund the amount to subscribers’ accounts without requiring any intervention from them

BY Outlook Money

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