Click on EPFO. Click on Employee Centric Services. Click on View Passbook option Feed your UAN number and Password. You will receive OTP on your registered mobile number Now you can check your EPF balance.
In the midst of the festive season, there is good news for the employees and account holders. The Employees’ Provident Fund Organization has started transferring the interest amount to the PF accounts of employees-account holders. Soon the interest money will start reflecting in the accounts of 7 crore subscribers of EPFO. EPFO has recently tweeted this information.
In fact, in 2021-22, EPFO has fixed 8.1 percent interest rate for its members. This will be the first time in 40 years that employees will get such a low interest on PF. A total of Rs 72,000 crore deposited in the account of the Central Government will be sent to the account of the employed. EPFO has started sending interest money for FY 2022 to the accounts of 7 crore subscribers. Within a week, the PF interest money will reach the account of all the subscribers.
The special thing is that after the change in the software, now the subscribers of the whole country have started getting interest money from the central server. If Rs 10 lakh is lying in your account then Rs 81,000 and Rs 5 lakh is deposited then interest of Rs 4000 can be transferred. If a consumer has Rs 7 lakh in his account then he will get Rs 56,700.
Calculate how much amount you will get
- Interest is calculated on the basis of monthly running balance that is deposited in the PF account every month. Interest is not available on the entire amount deposited in the EPF, interest is not available on the amount going to the pension fund in the PF account.
Money is deposited in the PF account on behalf of both the employee and the employer. 24 percent of the basic salary and dearness allowance (DA) together is deposited. - However, interest is not available on the entire amount deposited in the PF account.
As per EPFO rules, if there is any withdrawal on the last date of the financial year, then interest is given for 12 months after deducting it. The EPFO takes the opening and closing balance of the account and accordingly the monthly running balance is added.
Check your balance in 4 ways
- Log on to the online website- epfindia.gov.in. Feed your UAN number, password and captcha code. Click on E-Passbook. When you have entered all the details, you will be redirected to a new page. Now Open Member ID. Now you can see the total EPF balance in your account. How to check EPF balance through UMANG App?
- By UMANG App- Click on EPFO. Click on Employee Centric Services. Click on View Passbook option Feed your UAN number and Password. You will receive OTP on your registered mobile number Now you can check your EPF balance.
- By SMS- Apart from mobile number, members registered on UAN portal can get their PF details by sending an SMS from their registered mobile numbers. For this you have to SMS ‘EPFOHO UAN’ to 7738299899.
- By MISSED CALL – EPFO customers registered on UAN portal can get PF details available with Employees Provident Fund Organization by giving a missed call on 011-22901406 from their mobile number registered with UAN.
