If you are a PF member of EPFO, then soon you can get 8.5% interest in your account.
If you are a PF member of EPFO, then soon you can get 8.5% interest in your account. But for this, you will have to link UAN (Universal Account Number) with Aadhaar, you will have to do this work before September 1, otherwise your money may get stuck.
Actually, the Modi government has approved 8.5 percent interest for the fiscal year 2020-21. If media reports are to be believed, today an interest of 8.5 percent can come in the account of 6 crore PF account holders in this month. For the money of PF interest to come to your PF account, it is necessary that your UAN number is linked to the PF account.
EPFO on June 15 extended the deadline for linking Aadhaar and UAN by three months. Now its new deadline is 1 September 2021. Due to the second wave of corona virus infection, people were sincerely demanding the government to increase the deadline.
EPF subscribers were facing many problems due to coronavirus infection. This issue was raised several times with Labor Minister Santosh Gangwar, after which it was decided to extend the deadline.
Issuing a circular on June 15, EPFO said that now the deadline for linking Aadhaar with UAN has been extended till September 1, 2021.
EPFO has about 22 crore accounts and has a fund of more than Rs 12 lakh crore. It is the largest social security organization in the world.
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