EPFO Update: PF Interest to Be Credited in June? Know-How to Check If Interest Has Been Credited

Employees' Provident Fund (EPF) deposits will earn 8.1 percent interest for the fiscal year 2021-22, thanks to the Centre's permission following the Union Finance Ministry's approval. The action would ensure that the interest is credited to the accounts of over 60 million EPFO members earlier than usual. Due to delays in approval from the Finance Ministry, interest rates used to be credited to subscribers' accounts around Diwali or later in past years.

The Employees' Provident Fund Organisation (EPFO), a retirement fund, decreased the interest rate on deposits to 8.1 percent for FY22, down from 8.5 percent the previous year. This is the lowest rate of interest since 1977-78 when it was at 8%.

Subscribers to the Employees' Pension Fund (EPF) have several alternatives for checking their PF balance, both online and offline.

How to Check Your EPFO Balance on the Website?

Using your activated Universal Account Number, you will be able to check your balance on the EPFO portal provided by the government (UAN). You can also use this site to download and print your e-passbook.

Go to www.epfindia.gov.in and select 'For Employees' from the dropdown menu under 'Our Services.'

Then, under 'Services,' select 'Member Passbook,' where you must enter your UAN number and password to view your passbook.

This service requires an activated UAN, and it will not be available if your employer has not activated your Universal Account Number.

If you don't have a UAN, go to epfoservices.in/epfo/ and choose your state before going to your office link.

Click 'Submit' after entering your PF Account Number, name, and registered phone number. You'll be able to see how much money you have in your PF account.

How to Check Your EPFO Balance through SMS?

EPFO members having UANs on file with the retirement organization can get an SMS with information on their most recent contributions and provident fund balance.

All you have to do is send the text "EPFOHO UAN ENG" to the number 7738299899. 'ENG' stands for the initial three letters of your preferred language, in this case, English. You can enter 'TAM' for Tamil, 'BEN' for Bengali, 'HIN' for Hindi, and so on if you want the SMS in that language. It is possible to use the service in ten different languages.

In this regard, you should remember to link your UAN to your bank account, Aadhaar, and PAN, as EPFO keeps track of its members' information. You might also request that your company perform the seeding for you.

How to Check Balance Through Missed Call?

Members of the Employees Provident Fund Organisation, or EPFO, can check their PF balance by dialing 011-22901406 and leaving a message.

You must call from your registered phone number to do so. If you are registered on the UAN site, you will receive the information. In this case, you do not need to remember your UAN.

How to Check Your Balance on Umang App?

Employees can check their provident fund balance via the government-launched Umang App. The software can be used to access a variety of government services from a single location. You can use this to examine your EPF passbook, make provident fund claims, and even track claims. An employee only needs to use their mobile number to register on the app.