It is believed that on June 30 next month, money transfer will start in the account of PF account holders.
EPFO News: There is good news for 6 crore PF account holders of Employees’ Provident Fund Organization (EPFO). According to the latest media reports, the interest money is going to come in the PF account soon. The concerned ministry of the central government is going to transfer the interest money soon. It is believed that the money transfer will start in the account of PF account holders on June 30 next month. Although EPFO has not officially announced the date. .
In fact, in March, a meeting was held in Guwahati under the chairmanship of Union Labor and Employment Minister Bhupendra Yadav, in which the Central Board of Trustees (CBT meeting) of EPFO has fixed the interest rate at 8.1% for the fiscal year 2021-2022, which will soon be financed. Ministry may approve. After this, money can be sent to the accounts of PF employees at 8.1 percent interest rate. However, no statement or official confirmation has been made by the government or EPFO in this regard yet.
Actually, EPFO has not yet officially announced the date of sending the interest money to the PF account, but media reports are claiming that the PF deducting organization can transfer the interest money to the account by June 30. . This will benefit more than 6 crore PF employees across the country including Delhi-NCR. By July, the interest money will be transferred to the PF accounts of all the employees.
This will be the first time after years that more than 6 crore account holders will get such a low interest on PF. For the financial year 2021-22, the interest rate on PF has been reduced by 0.40 percent to 8..10 percent. In this way, PF employees will get 8.1 percent interest for the financial year 2021-22. In the last fiscal year, PF was getting 8.5% interest, which has now increased to 8.1%. Earlier, the 2020-21 EPF rate was 8.5 percent (PF interest rate), 8.65 percent in 2018-19 and 8.55 percent in 2017-18.
For the convenience of the account holders, EPFO has shared this information from its official Twitter handle that how any account holder can check the balance of his PF account sitting at home.
How to check your PF account balance
Via missed call
Any account holder can check the balance of his PF account by making a missed call on EPFO’s helpline number 011-22901406 from his registered mobile.
Via SMS
- To check your PF account balance through SMS, first you have to send EPFO UAN LAN from your registered mobile number to 7738299899.
- Here LAN means language in which language you want to check your balance.
Check balance online like this
- Account holders can check PF account balance by visiting the official website of EPFO sitting at home. Here you have to log in through UAN number and password.
- After this you have to click on the option of ‘Passbook’ and you will be able to see the balance of your PF account on your screen.
Via UMANG App
- Any PF account holder can download the UMANG app on his smartphone and check the balance of his PF account through it also.
- You have to click on the option of ‘EPFO’ in UMANG app. After this, you will have to log in here through your UAN number and OTP.
- Here you can check the balance of your PF account by clicking on the option ‘Passbook’.
