EPF Interest Rates Credit After the beginning of the new business year, people now want to know whether the interest money has been deposited in their PF account or not. Today we will tell you some ways with the help of which you can easily check from home whether interest has come in your PF account or not.
EPF Interest Rates: This year, Employees Provident Fund Organization ( EPFO ) has given good news to crores of subscribers. More than Rs 6 crore PF holders will get increased interest rates on their PF accounts. In February 2024, EPFO had increased the interest rate by 0.10 percent (EPF interest rate hiked).
This means that the interest rate for the financial year 2023-24 has become 8.25 percent. After this announcement, subscribers are curious to know whether interest has come in their PF account or not .
When does interest come in PF account?
Let us tell you that you get annual interest on the contribution made from your salary in the EPF account. This means that if the government revises the interest rate of the scheme in any year, then the interest on the funds deposited in the PF account is calculated and credited in the same.
Let us tell you that interest in PF account is calculated every month. However, this interest is credited together once a year. Actually, EPFO credits the interest at the end of the financial year.
How to check EPF Balance
EPFO users can easily check EPF balance online. He can easily know from the passbook transactions whether the interest money has come to his account or not.
Users have many ways to check EPF balance. Users can also check EPF balance through EPFO Portal, Missed Call, Umang App and SMS.
How to check balance from EPFO portal
- The user has to first go to the EPFO portal (https://www.epfindia.gov.in/site_en/index.php) and log in with the help of UAN number (Universal Account Number).
- Now click on ‘Our Services’ and select ‘for employees’ in the drop-down menu.
- After this click on ‘member passbook’.
- Now enter UAN and Password again and log in by entering captcha.
- After logging in, fill the Member ID, after which the EPF balance will be shown to you.
Check balance by giving missed call also
If users want, they can also check EPF balance through missed call. For this the user will have to give a missed call on the number 011- 22901406. After the missed call, the user will receive an SMS in which the balance will be shown. Let us tell you that you have to give a missed call only from the mobile number registered with the EPF account.
How to check balance through SMS?
User should send SMS to number 738299899 by writing EPFOHO UAN ENG (instead of ENG, write the code of the language in which you want the message). After this, EPF balance will be shown to you in the reply.
Check balance from UMANG App
Step 1- Install UMANG (Unified Mobile Application for New-age Governance) app in your phone.
Step 2- Now open the app and log in to it.
Step 3- After this click on ‘EPFO Option’ and go to ‘Employee Centric Services’.
Step 4- Now click on ‘view passbook’.
Step 5- After this you will have to enter the UAN number, after which OTP will come on your mobile number.
Step 6- After entering the OTP, the PF account will be logged in. Now PF passbook will be shown to you.
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