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EPFO Big Update! Subscribers Likely to Get Full PF Interest Amount on This Date

The government approved an 8.1 percent rate of interest on EPF deposits for 2021-22 — an over four-decade low — for about five crore subscribers of the retirement fund body.

Updated on: 27 October, 2022 10:42 AM IST By: Shruti Kandwal
Since 1977–1978, when it was at 8%, the EPF interest rate has been at its lowest level of 8.1%.

The EPFO subscribers could receive the full PF interest amount by the end of this month, although official confirmation is still pending.

It is expected that the funds will shortly be credited to subscribers' accounts. If EPFO subscribers had not yet received their EPF interest payment, according to media reports, they might get it before Chhath puja. For about five crore subscribers of the retirement fund organization EPFO, the government approved an 8.1% rate of return on EPF deposits for 2021–2022, which is a four-decade low.

Since 1977–1978, when it was at 8%, the EPF interest rate has been at its lowest level of 8.1%. The Central Board of Trustees (CBT) determined the 8.5 percent interest rate on EPF deposits year 2020–21 in March 2021. The EPFO manages assets of Rs 15.7 lakh crore and has over 65 million members.

How to Check PF Balance

  • Visit epfindia.gov.in

  • Fill in your UAN number, captcha code, and password

  • Click on the e-Passbook

  • After filling in all the details, you will be redirected to a new page

  • Open member ID

  • Now, you can see the total EPF balance in your account

Through SMS:

The registered mobile number can also check the PF balance by SMS.

Send the text "EPFOHO UAN" to the number 7738299899.

Through Missed Call:

PF account holders can also check the balance through a missed call number. Just dial 011-22901406 from your mobile device using the UAN-linked number to leave a missed call.

 

Through UMANG App:

  • Open the UMANG App

  • Click on ‘EPFO’

  • Click on ‘Employee Centric Services’

  • Click on the ‘View Passbook’ option

  • Fill in your UAN number and password

  • You will get OTP on your registered mobile number

  • Verify the OTP, and you can now check your EPF balance.

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