NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Labour and Employment Minister Unveils E-PRAAPTI Portal to Streamline Provident Fund Accounts

The Employees' Provident Fund Organisation (EPFO) is set to launch a new web portal, E-PRAAPTI, to enable members to track and activate their old and inoperative provident fund accounts. Labour and Employment Minister Mansukh Mandaviya announced the development on Wednesday.

The E-PRAAPTI portal will offer a streamlined Aadhaar-based authentication system, allowing members to access old EPF accounts that may not have a Universal Account Number (UAN) and update their profiles after linking and activating the UAN. The EPFO began issuing the 12-digit UAN to members in 2014. E-PRAAPTI stands for ‘Employee Provident Fund Aadhaar-Based Access Portal for Tracking Inoperative Accounts’.

In its initial phase, the portal will operate on a member ID-based system to ensure a secure and efficient rollout. The minister stated that it is contemplated to expand the scope of E-PRAAPTI to include members who may not be able to recall or access their old IDs. The platform is expected to reduce manual intervention, minimise documentation, and enhance transparency and efficiency.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

EPFO Performance Highlights

The minister highlighted the EPFO's impressive performance, noting that the body settled a record 8.31 crore claims in 2025-26, compared to 6.01 crore in the previous financial year. A significant portion of these claims were for advance or partial withdrawals, with about 5.51 crore claims coming from members seeking access to their PF savings.

YearTotal Claims SettledAdvance ClaimsAdvance Claims Processed in Auto Mode
2024-256.01 crore59.19%
2025-268.31 crore5.51 crore71.11%

The minister also pointed out that 71.11% of advance claims were processed through auto mode within 3 days, up from 59.19% in the previous year. Additionally, 6.68 crore members were able to file claims without uploading a cheque leaf image, while around 1.59 crore members seeded their bank accounts without requiring employer approval.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Transfer ClaimsAuto-ProcessedEmployer-Initiated
70.55 lakh24.84 lakh
(without employer involvement)

In April 2026 alone, the EPFO settled 61.03 lakh claims. The minister stated that nearly 74% of PF advance claims were processed through auto mode and 98.70% of claims were settled in less than 20 days.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.