PF interest date confirm: Big news! EPFO members will get your pf interest on this day, EPFO says

PF account holders are worried about the fact that the interest of PF has not yet reached the account. In such a situation, a PF subscriber has expressed his anger by tagging EPFO ​​on Twitter. After this EPFO ​​has presented its answer. Let’s know the updates.

Employees Provident Fund: There is good news for PF account holders. Big information has been given for taking 7 crore subscribers of Employees Provident Fund Organization ie EPFO. Actually, the account holders are worried about the fact that the interest of PF has not yet reached the account. In such a situation, a PF subscriber has expressed his anger by tagging EPFO ​​on Twitter. After this EPFO ​​has presented its answer.

Twitter user asked a question

A Twitter user has written a tweet tagging EPFO, Ministry of Finance and PMO India, ‘EPFO has not yet paid the interest for the contribution of 2021-22. Stop this loot and give people their money. It is sad that even the opposition is silent on this. December has arrived. If you cannot pay interest, then stop taking money from the working class.

EPFO replied

EPFO has given its answer on the tweet of a Twitter user named Nikumbh. EPFO has written in its reply, ‘Dear member, the process of depositing interest is going on and it will be reflected in your account soon. Interest will be paid in full as and when it is credited. There will be no loss of interest.

प्रिय सदस्य, ब्याज जमा करने की प्रक्रिया जारी है और यह जल्द ही आपके खाते में दिखाई देगी। जब भी ब्याज जमा किया जाएगा, इसका पूरा भुगतान किया जाएगा। ब्याज की हानि नहीं होगी।

— EPFO (@socialepfo) December 6, 2022

Why is there delay?

PF account holders have got a big relief from this answer of EPFO. Now it is expected that before the new year, interest money will come in the account of the account holders. Actually, the interest of PF passes through a long process, due to which there is a delay in the release of interest many times. The EPFO ​​trust fixes the rate of interest and sends its recommendation to the finance ministry. Funds are raised only after getting approval from there.