The EPF scheme offers several benefits to employees, including tax benefits, financial security in retirement and the ability to take loans or withdraw money under certain circumstances. Employees can access their EPF account details offline (through missed call, SMS) and online through EPFO’s website or mobile app.
PF Scheme: Employees’ Provident Fund is a savings scheme for employees in India, managed through the Employees’ Provident Fund Organization (EPFO). The EPF scheme was launched by the Government of India to help employees save a portion of their salary every month, which can be used as a retirement fund. Under the EPF scheme, both the employer and the employee make contributions to the employee’s EPF account every month.
EPF
The EPF scheme offers several benefits to employees, including tax benefits, financial security in retirement and the ability to take loans or withdraw money under certain circumstances. Employees can access their EPF account details offline (through missed call, SMS) and online through EPFO’s website or mobile app.
EPFO Portal
However, for the past few times, there is a problem in accessing and downloading the Employees Provident Fund Passbook (PF Passbook) through the EPFO portal. Many PF subscribers have also raised this issue through social media. EPF Passbook is a facility that shows you your EPF account balance month-on-month.
PF balance
PF subscribers have told about this that they are not able to open their e-passbook through online website. On this EPFO says that the organization is looking into the matter. However, apart from the EPFO portal, PF balance can also be checked.
How to check pf balance through umang app
- Download the Umang app from Google Play, App Store and Windows Store.
- Search EPFO on the app.
- Click on ‘View Passbook’.
- Enter UAN.
- Click on ‘Get OTP and Submit OTP’.
- Select ‘Member ID and Download e-Passbook’.
