At the same time, if the account has been more than five years, then this rule does not apply and those account holders do not have to pay anything. For example, suppose you are working in a company for three years and you have done it in some other company even 3 years ago, then you will not have to pay tax.
Employees can check the balance amount of their provident fund from the comfort of their homes. Especially when the Finance Ministry has approved an interest rate of 8.5 percent on PF deposits for 2020-21. Social Security mentioned in its official Twitter handle, “EPFO has issued instructions to credit 8.5% interest for the year 2020-21 in some 25.0 crore accounts of EPFO members.”
Meanwhile this is a good news, an employee who contributes to the EPF account can check his balance amount in the EPF account on his phone without the need of internet. Although EPFO has an online e-service portal, it provides a convenient offline service for a hassle-free experience. Here are some easy steps to check EPF or PF balance through SMS, missed call.
How to Check PF Balance via SMS or Missed Call
- Employees having accounts with EPFO can check their PF balance by dialing 7738299899 and 011-22901406 on their device.
- EPF members can check the balance amount through SMS, they just have to type ‘EPFOHO UAN LAN’ and send it to 7738299899 from their registered mobile number.
- You can also check balance by giving missed call from your registered mobile number. To do this, an EPF member has to simply give a missed call on 011-22901406.
How to check PF balance online
If you don’t want to follow the offline method, you can also check it online. All you have to do is to log in to the EPFO portal. Once the portal opens, scroll down to ‘Our Services’ and search for ‘Employees’. Then go to ‘Member Passbook’ under ‘Services’. After this you will be redirected to a new web page – passbook.epfindia.gov.in. /MemberPassBook/Login.jsp.
When you can proceed with the mentioned method to check PF balance offline or online. If your UAN is being activated by his employer then you can check EPF passbook.
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