April 13, 2024

Based on a current announcement, the Staff’ Provident Fund Organisation (EPFO) has begun the method of crediting curiosity into provident fund (PF) accounts.

Bhupender Yadav, Union Minister for Labour and Employment, has acknowledged that EPFO had already credited curiosity on over 24 crore accounts. The rate of interest for EPF accounts is 8.15 per cent for the fiscal yr 2022-23.

In response to questions in regards to the timing of curiosity crediting into EPF accounts, the EPFO acknowledged, “The method is underway and can be mirrored shortly.” As soon as the curiosity has been credited, it is going to be accrued and paid in full, guaranteeing that no curiosity is misplaced. Please train endurance.”

How one can Examine the Stability of Your EPF Account

People can entry the curiosity of their PF account as soon as it has been credited. There are numerous methods to verify a provident fund account’s stability:

Utilizing the Umang App

  • Set up the ‘UMANG’ app from the Google Play Retailer or the Apple App Retailer.
  • Register for EPFO companies by way of the app.
  • Choose ‘View Passbook’ underneath ‘Worker-centric service’ from the ‘Service’ menu.
  • To entry your EPF passbook and verify your stability, comply with the directions, together with OTP verification.

Utilizing the EPFO Portal

  • Go to the EPFO web site.
  • Go to ‘Our Providers’ after which choose ‘For Staff.’
  • To entry your info, choose ‘Member Passbook’ from the ‘Providers’ menu.

In case your UAN is linked to the EPFO, it’s possible you’ll verify your contribution and PF stability by texting EPFOHO UAN ENG to 7738299899, the place ‘ENG’ displays the specified language (e.g., MAR for Marathi).

If their PAN, Aadhaar, and checking account knowledge are related to the UAN, registered customers can obtain particulars by dialling 011-22901406 from their registered cellphone quantity. Employers might assist seed this info, and there’s no payment for this service.

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