A consumer court ordered the EPFO to pay 6% interest for a 35-day delay in settling a PF claim over ₹14 lakh. The EPFO was found guilty of service deficiency, failing to meet the 20-day processing deadline as required by the EPF Scheme, 1952.
Banking & Economics
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Court orders EPFO to pay 6% interest for 35-day delay in settling claim — Here's how to check status, file grievances
A consumer court ordered the EPFO to pay 6% interest for a 35-day delay in settling a PF claim over ₹14 lakh. The EPFO was found guilty of service deficiency, failing to meet the 20-day processing deadline as required by the EPF Scheme,…
Key Highlights
- A consumer court ordered the EPFO to pay 6% interest for a 35-day delay in settling a PF claim over ₹14 lakh.
- The EPFO was found guilty of service deficiency, failing to meet the 20-day processing deadline as required by the EPF Scheme, 1952.
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
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Reported by Jocelyn Fernandes · Syndicated via official news feed
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