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Home EPF Great News ! Government can transfer interest money in PF account of...
  • EPF
  • PF

Great News ! Government can transfer interest money in PF account of employees this month!

By
Pravesh Maurya
-
August 4, 2022
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    The central government can soon transfer the interest money on the PF account of the employed people. According to media reports, the interest money on the PF account can come till August 30.

    The central government can soon transfer the interest money on the PF account of central employees. According to media reports, the interest money on the PF account can come till August 30. However, no official information has been shared by the EPFO ​​(Employees’ Provident Fund Organization) regarding this. At the same time, last year, the government transferred the interest money on PF at the end of the year.

    Let us tell you that more than 6 crore people will get benefit from getting interest on PF. The central government has already announced 8.1 percent interest for PF employees. This is the lowest interest on PF in 40 years. This time the interest is 0.4 percent less than last year (8.5 percent). This rate is at such a low level for the first time since 1977-78.

    This time employees are getting interest at the rate of 8.1%. The central government is going to transfer the money of PF interest in the account of the account holders in the financial year 2022.

    So much interest can come.
    Suppose if you have 10 lakh rupees in your account, then you will get 81,000 rupees as interest. At the same time, if you have Rs 7 lakh in your PF account, then you will get Rs 56,700 as interest. If you have Rs 5 lakh in your PF account, you will get Rs 40,500 as interest. Similarly, if you have Rs 1 lakh in your account, you will get Rs 8,100 as PF interest.

    How to check PF balance
    You can follow 4 ways to check your PF balance. Or you can choose any one of the four methods. In these ways, you can check the balance through SMS and you can also know by giving a missed call. Apart from this, you can also check through EPFO’s website, and UMANG app.

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      Pravesh Maurya
      Pravesh Maurya
      https://www.rightsofemployees.com/
      Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @[email protected]
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