EPFO update: This money will be transferred to the accounts of about 7 crore employees of the country coming under the purview of PF.
A big news is coming out for EPFO subscribers. The Employees’ Provident Fund Organization is going to send 8.1 percent interest to the employees’ account for the financial year 2022 in the coming few days. This money will be transferred to the accounts of about 7 crore employees of the country coming under the purview of PF.
The Employees’ Provident Fund Organization has completed the process of calculating the interest in the account of employees at 8.1 percent interest for the financial year 22 and from June 16, money will start crediting in the subscriber’s accounts. Interest will be credited in the accounts of 2.5 to 5 lakh subscribers every day and a total of Rs 72,000 thousand crore subscribers will be credited as interest, last year this amount was Rs 70,000 crore.
Money will be credited in subscriber’s accounts from June 16
The last time many subscribers had to wait for 6 to 8 months to get the interest for the financial year 2021, let us tell you that the EPFO had decided to retain the interest rates for the financial year 22 at 8.1 percent which was the last 40 years. has lower interest rates. In the last financial year 2019-20, due to the disturbance in KYC, many subscribers had to wait for money.
You can check your PF balance like this
To check balance online, you have to log on to the EPFO website, click on e-passbook at epfindia.gov.in. Now on clicking on your E-Passbook, a new page passbook.epfindia.gov.in will open. Here you will have to fill your username (UAN number), password and captcha. After filling all the details, you will come to a new page and here the member ID will have to be selected. Here you will get your EPF Balance on E-Passbook.
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