Crores of people working in the private sector are soon going to get a gift from the Employees’ Provident Fund Organization (EPFO). The government can soon transfer interest money in PF account.
EPFO News: Crores of people working in the private sector are soon going to get a gift from the Employees’ Provident Fund Organization (EPFO). According to different media reports, due to the low interest rate on PF, it can be deposited before December. Right now there is a delay in getting the approval of the Finance Ministry.
Since, at present, PF is getting the lowest interest in 43 years, it is expected to get approval from the Finance Ministry soon. Interest can be credited to the PF account of EPFO members anytime after getting approval from the Finance Ministry.
Interest money can be received before June 30
According to the report, the government can transfer interest money to PF account holders at any time before the end of next month i.e. before June 30. There is also news that EPFO can credit the interest money before the festive season of Dussehra. However, no official statement has come from EPFO in this regard nor has the government made any announcement yet.
Normally PF interest is deposited at the end of the year. This time due to low interest it is expected that EPFO credit will not have to wait till December, the government can transfer the interest money in advance. This will benefit more than 65 million subscribers of EPFO.
Know PF Balance through
Missed Call — Give a missed call to 011-22901406 from your registered mobile number. After this, the details of PF will be received through the message of EPFO. Here also your UAN, PAN and Aadhar link is a must.
You can check such online PF balance by logging on to the EPFO website. Click on e-passbook at epfindia.gov.in.
On clicking on e-passbook, a new page will come to passbook.epfindia.gov.in.
Here you have to fill your User Name (UAN Number), Password and Captcha.
After filling all the details, you will come to a new page and here you will have to select the member ID.
