EPFO Sees Significant Growth: 14.63 Lakh New Members Added in November 2024 | Payroll Data | N18V

The Employees' Provident Fund Organisation (EPFO) has released its provisional payroll data for November 2024, revealing a net addition of 14.63 lakh members. This represents a 4.88% increase from the same month last year and a 9.07% rise from October 2024. The data highlights the dominance of the 18-25 age group, with 54.97% of new members belonging to this demographic. Additionally, 2.40 lakh new female members joined, marking a 14.94% increase from October. The top five states, led by Maharashtra, contributed 59.42% of net member additions.Show more