PF news | PF interest : Good News! Money is about to come in 6 crore PF accounts, know how to check, good news! Money is going to come in PF account of 6 crore people, know how to check
Interest is going to be credited in PF account.
- Currently 8.5% interest is being given on PF.
- PF balance can also be tracked through UMANG app.
- Even if you do not have UAN number, you can still check PF balance.
The Employees’ Provident Fund Organization (EPFO) will collect the rate of interest payable on the provident fund deposits made by the subscribers. The retirement fund regulatory body is expected to deposit the Employees’ Provident Fund (EPF) interest rate of 8.5% by the end of this month. EPFO kept the interest rate unchanged for the financial year 2020-21 as there were more withdrawals than deposits during this financial year due to massive job losses due to Corona pandemic.
The government reduced the EPF interest rate to a 7-year low of 8.5% during FY 2019-20, from 8.65% during FY 2018-19, 8.55% during FY 2017-18 and FY 2016-17 was 8.65% for EPFO has 6 crore members who are likely to get EPF interest credit for the financial year 2020-21 during the next week. They can check their funds in their provident fund accounts through missed call, SMS or UMANG app.
How to check PF account balance?
There are many ways by which a person can find out how much balance is in his PF account? They can also find out whether the EPF interest rate of 8.5% for the financial year 2020-21 has been deposited in the PF accounts?
Check PF Balance through SMS
If your UAN is integrated with your KYC details then you can send a text SMS to get the EPF details. Simply type a text message in EPFOHO UAN ENG format, where UAN will be your Universal Access Number and ENG is the language in which you wish to receive information from the department. For example, convert ENG to HIN for Hindi, MAR for Marathi, TAM for Tamil, etc. Now send this message to 7738299899. You will get your PF balance information instantly.
Check PF balance by missed call
Make sure that your UAN is integrated with your KYC details and then you can give a missed call to the designated toll-free number. Give a missed call on 011-22901406. After disconnecting the call, you will receive an SMS containing all your PF account details.
Check PF Balance with Umang App
Open UMANG (Unified Mobile Application for New-age Governance) app and click on EPFO. The member will be directed to a page that shows employee-focused services. Click on ‘Employee Centric Services’, which will direct the users to the page. Then, click on ‘View Passbook’ and enter the UAN and One-Time Password (OTP), which will be received by the users on the registered mobile number. After this the members will be able to check EPF balance.
Don’t have a UAN number? Still can check EPF balance, know how?
- Log on to the EPFO home page (epfindia.gov.in).
- Click on ‘Click here to know your EPF balance’.
- You will be redirected to epfoservices.in/epfo/. Go to “Member Balance Information”.
- Select your state and click on your EPFO office link.
- Enter your PF account number, name and registered mobile number.
- Click on ‘Submit’ and your PF balance will be visible.
It is important to activate your UAN before checking your EPF. Password will be sent to the mobile number. Note that subscribers can check PF balance only after six hours of activating UAN.
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