EPFO Launches Passbook Lite

The Employees’ Provident Fund Organisation (EPFO) has introduced Passbook Lite, a streamlined feature within its Member Portal, aimed at making provident fund (PF) information more accessible. Launched by the Union Labour & Employment Minister, this reform ensures quicker, transparent, and user-friendly access to PF details.

What is Passbook Lite?

Passbook Lite is a new facility that allows members to view a quick snapshot of their PF contributions, withdrawals, and current balance directly on the EPFO Member Portal. Unlike earlier, where employees had to log in separately to a dedicated passbook portal, this feature eliminates dual logins and delays.

Key Features

* Single Login: Access to PF balance without switching portals. * Quick Snapshot: Displays contributions, withdrawals, and balance at a glance. * Faster Access: Reduces load on the main portal, ensuring quicker response times. * Detailed View Option: Members can still access the full passbook if needed. * Transfer Tracking: Integrated with Annexure K, enabling users to download transfer certificates.

Annexure K Access

Another important reform is the ability to download Annexure K, a transfer certificate needed when employees switch jobs. This allows members to track PF transfer status, confirm balances, and maintain a permanent digital record. It enhances trust in the transfer process while reducing reliance on PF offices.

Significance

With over 2.7 crore users, these reforms promote transparency, reduce grievances, and empower members by offering seamless digital access to their retirement savings.

Conclusion

EPFO’s Passbook Lite and Annexure K access mark significant steps in digital inclusion. By simplifying PF balance checks and transfers, the reforms enhance member satisfaction, build confidence, and ensure transparency in managing social security funds.