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Home Personal Finance PF Interest Rate: If you want more interest in PF account, then...
  • Personal Finance

PF Interest Rate: If you want more interest in PF account, then settle this work soon, otherwise there will be loss, know details

By
Pravesh Maurya
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August 28, 2022
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    EPF Interest Rate: Good news! The government has issued circular for those doing private jobs. check immediately
    EPF Interest Rate: Good news! The government has issued circular for those doing private jobs. check immediately
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    EPF Account Login: At present, 8.1% annual interest is being given by the government on the PF account. On the other hand, if you want to merge your PF account, then keep in mind that your UAN is activated.



    PF Amount Transfer: Employees’ Provident Fund Organization (EPFO) is soon going to deposit annual interest on the accumulated amount in the account. This good news is going to be given to its account holders from EPFO ​​soon. However, if the account holder wants full interest, then some things will also have to be taken care of, otherwise he may have to suffer a loss in the amount of interest. Actually, at present, people associated with the private sector make changes in jobs very quickly. At the same time, after joining a new job, employees get PF account opened in the new company from their old UAN itself. In such a situation, the money of the new company keeps coming in the new PF account and the money stops coming in the old PF account.

    Merge account

    In such a situation, if the money of the old account is not merged with the new account, then there may be a loss in the amount of interest. In such a situation, if you want more interest on the amount present in the old PF account, then it is wise to merge all your accounts for that. If you have worked in many companies, then link all the PF accounts with the PF account of the existing company. In such a situation, go to the website of EPFO ​​and merge all the accounts, otherwise you will get less interest.

    Activate UAN

    Let us tell you that at present an interest of 8.1% is being given by the government on the PF account. On the other hand, if you want to merge your PF account, then keep in mind that your UAN is activated. If the UAN is not activated, then it has to be activated by going to the EPFO ​​website and clicking on Activate UAN. UAN will be activated by giving the necessary information.

    Process to merge PF account

    – To merge old and existing PF account, visit the official website of EPFO.
    – Login.
    – Go to Services.
    – Click on One Employee-One EPF Account.
    – A form will open.
    – Enter your registered mobile number.
    – Enter UAN and your existing EPF account ID.
    – After that select the option of OTP.
    – Now OTP will come on mobile.
    – After entering the OTP, the old PF account will appear.
    – By registering the old PF account.
    – Accept the declaration and submit.
    – After this the information will be verified and the account will be merged in a few days.

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    DISCLAIMER

    We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
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      Pravesh Maurya
      Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com

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