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.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/boGKQ9p

Post a Comment

0 Comments