IDFC First Bank launches EPFO payment services File photo
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IDFC First Bank launches EPFO payment services

IDFC First Bank has launched provident fund payment services through its integration with the Employees' Provident Fund Organisation (EPFO)

PSU Watch Bureau

New Delhi: IDFC First Bank has launched provident fund payment services through its integration with the Employees' Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment.

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The integration enables establishments to initiate PF payments directly through the EPFO portal and complete transactions via IDFC FIRST Bank's Retail and Corporate Internet Banking platforms, the private sector lender said in a statement on Tuesday.

"With our EPFO integration, customers can now make provident fund payments quickly, securely, and with ease through IDFC FIRST Bank's digital platforms," said Ashish Singh, Head - Retail Liabilities, IDFC First Bank.

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Also read:EPFO to launch portal soon to help members fetch old, inoperative provident fund accounts

As of March 31, 2026, the bank served 38 million customers, with total deposits of Rs 2,94,475 crore and loans and advances of Rs 2,90,278 crore.

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