After the launch of this facility, subscribers will be able to apply online for withdrawal of the provident fund which will be transferred directly to their bank accounts. The details of the online PF withdrawal facility will be discussed at a meeting of EPFO trustees from workers' side called by the Labour Ministry on July 24, a senior official said.

At present, the subscribers who wish to settle their accounts with the Employees' Provident Fund Organisation (EPFO) are required to apply manually for withdrawing PF.

The official said that for launching the facility, at least 40 percent of the Unique (portable PF) Account Numbers (UANs) should be seeded with the Aadhaar number and bank account details of the subscribers.

At present, there are only 12 percent subscribers whose Aadhaar number has been seeded with UANs activated by them. In order to push the online facilities for subscribers, EPFO has become the registrar of Unique Identification Authority of India ( UIDAI) for enrollment. It is also an online authentication user agency of the authority.

This would help EPFO verify the credentials of an applicant by using the Aadhaar database. EPFO had issued over four crore portable UANs in July last year. EPFO has been seeding various KYC details with UANs like bank account and Aadhaar for improving the delivery of its services.

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