# PM-VBRY: Financial Literacy Course for ₹15,000 EPFO Incentive

> New EPFO members must complete financial literacy course to claim ₹15,000 incentive under PM-VBRY.
- Title: PM-VBRY: Financial Literacy Course for ₹15,000 EPFO Incentive
- Summary: New EPFO members must complete financial literacy course to claim ₹15,000 incentive under PM-VBRY. First-time EPFO members need to finish a financial…
- Keywords: epfo, pmvbry, financial literacy course, rs15000 incentive, epf, first-time employees, continuous service, news, india, PM-VBRY, Financial, Literacy
- Source: mint — https://livemint.com/money/personal-finance/pmvbry-financial-literacy-course-must-for-new-epfo-members-to-get-rs-15-000-incentive-eligibility-how-to-claim-it-11792407527663.html
- Author: Rajendra Saxena
- Published: 2026-10-19T12:32:18+00:00
- Read time: 1 min
- Topics: epfo, pmvbry, financial literacy course, rs15000 incentive, epf, first-time employees, continuous service, news, india
## PM-VBRY Incentive Details
First-time EPFO members can receive up to ₹15,000 under PM-VBRY after completing 12 months of continuous service.
## Eligibility Requirements
Must not have contributed to EPF before August 1, 2025, join between August 1, 2025 and July 31, 2027, and have monthly salary under ₹1 lakh.
## Financial Literacy Course
Required for second instalment after 12 months of service; improves savings and money management skills.
## Payment Schedule
First instalment of up to ₹7,500 after six months; second instalment after 12 months if course is completed.
## Employer Incentives
Employers get up to ₹3,000 per month per new employee for two years, up to four years for manufacturing.
## Verification Steps
Check EPF membership history, joining date, salary eligibility, and employer coverage before claiming incentive.
## Key takeaway

First-time EPFO members need to finish a financial literacy course to get ₹15,000 incentive after 12 months of service.