Rs 9,330.56 Crore Lies Unclaimed in Inoperative EPF Accounts as of March 2026
En resumen
- As of March 31, 2026, Rs 9,330.56 crore remains in inoperative Employees’ Provident Fund (EPF) accounts, as revealed by the government in Rajya Sabha.
- The EPFO is conducting outreach to inform members, who can claim funds by transferring or withdrawing them.
Resumen generado por IA
Por qué importa
The government reported in Rajya Sabha that Rs 9,330.56 crore is lying in inoperative EPF accounts as of March 31, 2026. The EPFO is undertaking outreach and awareness initiatives to inform employers and employees about EPF services and inoperative accounts.
The government revealed in Rajya Sabha on Thursday (July 23, 2026) that as much as Rs 9,330.56 crore is lying in inoperative accounts of the Employees’ Provident Fund (EPF) as of March 31, 2026.
R Girirajan, member of Parliament, on Thursday raised a question about the total unclaimed amount in the EPF and other pension accounts and the government’s plans regarding these accounts.
Replying to the query, Shobha Karandlaje, Minister of State for Labour and Employment, said that as of March 31, 2026, the total amount lying in the inoperative EPF accounts is Rs 9,330.56 crore.
Karandlaje said that the Employees’ Provident Fund Organisation (EPFO) is carrying out outreach and awareness initiatives through social media platforms and Nidhi Aapke Nikat (NAN) 2.0 camps to disseminate information among employers and employees regarding EPF services and inoperative accounts.
A whopping Rs 9,330.56 crore sitting in inoperative accounts means many workers still haven’t claimed their EPF fund. If you are one of those workers, you can also go ahead and claim your inoperative EPF fund.
What is an inoperative EPF account?
According to the EPFO website, an account is classified as an inoperative account when it has not received any contribution for three years after retirement or due to permanent migration abroad or in case of death. At present, all accounts earn interest till a member turns 58.
Two categories of inoperative EPF accounts
All the inoperative accounts that are not in the category of transaction -less accounts, are classified in the following manner:
1. Inoperative accounts that do not have UAN
2. Inoperative accounts that already have a UAN
Will my inoperative account earn interest?
No. At present, all accounts accumulate interest until a member reaches 58 years of age, according to the EPFO website.
What should I do if my account becomes inoperative?
If you are still working in an establishment covered under the EPF & MP Act, 1952, you should get the amount transferred into your new account either by online or offline mode. If you have retired, you may withdraw the amount, as per the EPFO instructions.
Minister explains how EPS pension accounts works
Explaining how the pooled pension account works, Karandlaje said that the pension fund under the Employees' Pension Scheme (EPS), 2026, is a pooled fund into which contributions from employers and the central government are received.
“The benefits are paid out of the fund when a member/family becomes eligible. There is no time limit on filing a claim for getting due benefits. Pension/withdrawal benefit under EPS is released along with due arrears, whenever claims are received and settled,” says Karandlaje.
Preguntas abiertas
- What is the success rate of EPFO's outreach initiatives?
- What is the breakdown of inoperative accounts by category?
- What specific steps are being taken to simplify the claim process?
