EPFO began crediting 8.5 per cent interest on EPF for 2019-20 for its more than six crore members.Provident Fund (PF) Balance: Recently, retirement fund body Employees Provident Fund Organisation (EPFO) announced that it has began crediting 8.5 per cent price of interest on employees’ provident fund (EPF) for 2019-20 for its more than six crore members. Now account holders can see their updated EPF accounts with credit of 8.5 per cent price of interest for 2019-20. According to the EPF site – epfindia.gov.in, in an EPF account, an employee contributes 12 per cent of his or her salary towards the account, and an equal quantity is contributed by the employer. EPFO is the nodal body of EPF and allows subscribers to view the EPF passbook online through its site. EFPO also supplies the balance info by way of missed contact facility and SMS service. (: 8.5% Provident Fund Interest To Be Credited In Accounts From Tomorrow ) Here are some strategies by which an EPF or Employees’ Provident Fund member can verify the balance in the provident fund account: Here’s how to verify PF account balance through EPFO site:Firstly, the EPF member should log on to the EPFO’s official site – epfindia.gov.in.Click on the e-passbook hyperlink which is out there on the best ideal side of the portalThe user will be redirected to the EPF passbook web page – passbook.epfindia.gov.in. Log in to the account by getting into username – also identified as UAN or Universal Account Number, and the password. The UAN is an identification quantity pointed out in the month-to-month salary slip of every employee.Once logged in, the facts on the concerned employment have to be selected. For instance, an individual who has worked in 3 distinct organisations will have 3 distinct member IDs to pick from. Select the member ID.After a member ID is chosen, the user can view the EPF e-passbook or EPF passbook. The passbook indicates the balance in the EPF account.How to verify EPF balance through SMS:To verify the balance by way of text message, the member can send an SMS to 7738299899 from his/her registered mobile quantity. The member has to sort “EPFOHO UAN” appropriately. The facility is out there in 10 languages – English (default), Hindi, Punjabi, Tamil, Malayalam, Gujarati, Marathi, Kannada, Telugu, and Bengali. For getting the SMS in any of the languages other than English, the initially 3 characters of the preferred language want to be added soon after the UAN. For instance, to obtain the SMS in Tamil, you ought to send it as: “EPFOHO UAN TAM” to 7738299899.How to verify EPF balance through Missed contact:EPFO members can verify their balance by providing a missed contact at 011-22901406 from their registered mobile quantity. In case the UAN of the member is seeded with any a single of the Bank account quantity, Aadhaar, and PAN (Permanent Account Number), the member will obtain the facts of the final contribution and PF balance. However, in order to avail of this facility, the mobile quantity have to be activated with UAN at the unified portal. Giving a missed contact from the registered mobile quantity at 011-22901406 automatically gets disconnected soon after two rings. This service to verify PF balance is out there absolutely free of expense.How to verify EPF balance by way of the Umang app:Open the Umang (Unified Mobile Application for New-age Governance) app and click on EPFO. The member will be directed to a web page that shows employee-centric services. Click on ’employee-centric services’, which will direct the user to the page. Then, click on ‘view passbook’ and enter the UAN and a single-time password (OTP), which the user will obtain on the registered mobile quantity. After this, the member will be in a position to verify the EPF balance.
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