EPFOEmployee Provident Fund Organization (EPFO) has recently fixed the interest rates on PF. According to media reports, interest money can come in your PF account by June. In such a situation, if you want to check first, how much money is in your PF account, you can check it by sending an SMS. Here are telling you four ways through which you can check your PF balance.
See EPF Balance sitting at home like this
Via SMS: To send EPFO UAN LAN (Language) to 7738299899 from mobile number registered with EPFO. LAN stands for your language. If you want information in English, you will have to write ENG instead of LAN. Similarly, HIN is to be written for Hindi and TAM for Tamil. To get information in Hindi, you have to message by writing EPFOHO UAN HIN.
Through missed call: If you want, you can also know your EPF balance through a missed call. For this, you have to make a missed call on 011-22901406 from your registered mobile number.
Via Website: To check your balance online, visit the EPF passbook portal. Log in to this portal using your UAN and password. In this, click on Download / View Passbook and then the passbook will open in front of you in which you can see the balance.
Through UMANG App: If you have a smartphone then you can check your EPF balance whenever you want through the app. For this, open UMANG app and click on EPFO. In this, click on Employee Centric Services and after that click on View Passbook and enter UAN and Password. OTP will come on the registered mobile number. After entering it, you can see the EPF balance.
This time you will get so much interest
EPFO has fixed the interest rate at 8.1% for the fiscal year 2021-2022. Since the interest is fixed, most of the employed are expecting that the interest of PF will come in their account as soon as possible. If the news coming in the media is to be believed, then EPFO can transfer the interest on PF till the month of June. Once the Finance Ministry’s seal is yet to be taken on the interest fixed by the EPFO.
Lowest interest in last 10 years
This time the employed people have got a big blow from the government because this interest is the lowest in the last 40 years. The EPFO has fixed the interest rate at 8.1% for the fiscal year 2021-2022, which is the lowest interest rate in the last 10 years. This decision of the government has shocked about 6 crore people of EPFO. In the last fiscal year, PF was getting 8.5% interest.
How much interest was received before this?
EPFO had given 8.5% interest in the financial year 2019-2020. After that in the fiscal year 2020-2021 also only 8.5% interest was received. Whereas in 2018-19, EPFO had given 8.65% interest. In the financial year 2017-18, 8.55% interest was received. In the financial year 2016-17, 8.65% interest was received and in the financial year 2015-16, 8.8% interest was received.
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