News > EPFO issues new rules for subscribers with inoperative accounts

EPFO issues new rules for subscribers with inoperative accounts

The revised SOP has been enhanced to incorporate a stricter verification process for accounts that have been inactive for an extended period. Accounts with no transactions (no debit or credit of contribution other than crediting of periodic interest) for at least three years will be marked transaction-less accounts. Accounts meeting the existing criteria under Para 72(6) of the EPF Scheme will continue to be designated as ‘inoperative accounts'.