EPFO- If you are a member of Employees’ Provident Fund Organization (EPFO), then you are going to benefit. There is going to be great news for the employed people in this one or two days.
There is going to be great news for the employed people in this one or two days. PF account holders can get 8.5 percent interest money this week. If you are a member of Employees’ Provident Fund Organization (EPFO), then you are going to benefit. Actually, the Modi government has approved 8.5 percent interest for the fiscal year 2020-21. If media reports are to be believed, then PF money can be transferred by the end of July. That is, till July 31, PF account holders are expecting that money will come in their PF account.
Know what is the matter?
After the approval of the Ministry of Labor, money will be deposited in the account of EPFO subscribers at the rate of 8.5 percent. Last time in the financial year 2019-20, many subscribers had to wait a long time due to the disturbance in KYC. Explain that the EPFO had decided to retain the interest rates for the financial year 2020-21 at 8.5 percent without any change. This is the lowest interest rate in the last 7 years. Earlier in the year 2012-13, the government had given interest at the rate of 8.5 per cent.
Know balance through SMS
1 If your UAN number is registered with EPFO, then your PF balance information will be received through message. For this you have to send EPFOHO to 7738299899. Your PF information will be available through message.
If you want information in Hindi language, then you have to send it by writing EPFOHO UAN. This service to know PF balance is available in English, Punjabi, Marathi, Hindi, Kannada, Telugu, Tamil, Malayalam and Bengali. For PF balance, it is necessary that your UAN, bank account, PAN (PAN) and Aadhaar (AADHAR) Must be linked to.
