Days after giving sanction to elevated rates of interest in provident fund account, retirement physique Staff Provident Fund Organisation on Monday, November 29, introduced that 21.28 crore accounts have been credited with the rate of interest of 8.5 per cent for FY 2021-22. In line with stories, as many as six crore account holders will will get the profit by the top of subsequent month. Earlier this yr, the EPFO determined to maintain the speed of curiosity unchanged on provident fund deposits at 8.5 per cent for the monetary yr 2020-21. Earlier than that, representatives of the labour ministry had requested the finance ministry to quick observe the choice of fixing the rates of interest.
In a tweet on Monday, the EPFO wrote, “21.38 crore accounts have been credited with an curiosity of 8.50% for the FY 2020-21. @LabourMinistry @esichq @PIB_India @byadavbjp @Rameswar_Teli”.
The EPFO had determined to maintain the rates of interest unchanged for FY2021-22 within the view of the Covid-19 pandemic, the place extra withdrawals had been witnessed than contributions. The rate of interest fell to an all time low in FY2020-21 when the pandemic had simply hit the nation.
Because the retirement physique credited the accounts with the extra charge of curiosity for the present monetary yr, many individuals confirmed that that they had obtained the quantity. However how did they examine the account steadiness? You possibly can select to not rely on you employer to share the main points, as you’ll be able to examine the steadiness any time digitally utilizing completely different strategies. These embody checking from the Umang App, EPFO member e-sewa web site, SMS or missed name. Learn extra on them beneath.
Easy methods to Verify EPFO Steadiness through EPFO Member e-Sewa Portal
It is possible for you to to examine your PF steadiness utilizing the EPFO portal run by the federal government utilizing your activated Common Account Quantity (UAN). You can even obtain and print your e-passbook utilizing this portal.
– For this, it’s important to go online to www.epfindia.gov.in and click on on the ‘For Staff’ possibility beneath the ‘Our Companies’ dropdown menu.
– Then, click on on the ‘Member Passbook’ possibility beneath ‘Companies’, the place it’s important to present your UAN quantity and password to view your passbook.
– You need to have an activated UAN to entry this service and it’ll not be out there in case your Common Account Quantity has not been activated by your employer.
– If you happen to don’t have a UAN, click on on the hyperlink epfoservices.in/epfo/ and choose you state earlier than clicking on you workplace hyperlink.
– Enter your PF Account Quantity, title and registered cellular quantity and click on ‘Submit’. It is possible for you to to view your PF steadiness.
Easy methods to Verify EPFO Steadiness through SMS Service
– EPFO members, whose UANs are registered with the retirement physique, can get particulars of their most up-to-date contributions and provident fund steadiness although an SMS.
– All it’s important to do is ship the SMS to 7738299899 with the textual content “EPFOHO UAN ENG”. ‘ENG’ right here denotes the primary three letters of your language of desire, on this case English. If you wish to get the SMS in Tamil, you’ll be able to write ‘TAM’, ‘BEN’ for Bengali, ‘HIN’ for Hindi and so forth. The service is out there in 10 completely different languages.
– On this regard, you must also not overlook to sync your UAN together with your checking account, Aadhaar and PAN, as EPFO shops particulars of its members. You can even ask your employer to do the seeding for you.
Easy methods to Verify EPFO Steadiness through Missed Name Service
– Staff Provident Fund Organisation or EPFO members can examine their PF steadiness by giving a missed name to the quantity 011-22901406.
– For this, it’s important to name out of your registered telephone quantity.
– The small print will probably be supplied to you in case you are registered on the UAN portal. You do not want to recollect your UAN on this regard.
Easy methods to Verify EPFO Steadiness through Umang App
The Umang App of the federal government can be utilized by staff to view their provident fund steadiness. The app, launched by the centre, can be utilized to avail varied authorities providers beneath on umbrella. Utilizing this, you’ll be able to view your EPF Passbook, declare your provident fund and even observe your declare. An worker simply has to register on the app utilizing the cellular quantity.