Bringing cheer to PF subscribers earlier than Diwali, the Employees’ Provident Fund Organisation (EPFO) has began the method of crediting curiosity to provident fund accounts. Several PF account holders have already acquired curiosity credit score of 8.5% for the monetary yr 2020-21. Although some persons are unable to log into the location to see the curiosity quantity credited to their account.
Employees Provident Fund Organization (EPFO) has issued directions to credit score PF rate of interest of 8.5 per cent into round 25 crore accounts of EPF members, EPFO has mentioned in a tweet.
In a round dated 30 October 2021, EPFO introduced the declaration of the speed of curiosity for the Employees’ Provident Fund Members accounts for the yr 2020-21.
“The Ministry of Labour and Employment has conveyed the approval of the central authorities underneath para 60(1) of Employees’ Provident Fund Scheme, 1952 to credit score curiosity at 8.50 per cent for the yr 2020-21 to the account of every member of the EPF Scheme as per the provisions underneath Para 60 of EPF Scheme, 1952,” EPFO mentioned in its official round.
The 8.5 per cent charge of curiosity on provident fund deposits for the final monetary yr was determined by the EPFO’s apex resolution making physique Central Board of Trustees (CBT) headed by the Labour Minister in March this yr.
Here’s how one can verify your PF steadiness
Check PF steadiness through SMS
To verify the steadiness, EPFO members having a common account quantity (UAN) and registered on the EPFO portal, an SMS to 7738299899 by typing EPFOHO UAN ENG.
Check PF steadiness through missed name
Registered customers can ship a missed name to 011-22901406 after which they’ll get an SMS with particulars of the PF account steadiness.
Check PF steadiness through EPFO web site
1) Go to the EPFO’s official web site.
2) Now, go to the ‘Our Services’ tab and click on on ‘For Employees’.
3) On the brand new web page, click on on ‘Member Passbook’.
4) You will probably be requested to enter your UAN and password.
5) Once you log in, your passbook exhibiting each your and your employer’s contribution and the curiosity earned thereof will come up.
Someone who has labored in 4 totally different organisations would have 4 totally different member IDs to select from
Check PF steadiness through UMANG app
You also can entry your PF passbook on the UMANG app after logging in together with your UAN and OTP.
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