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HomePersonal FinanceEPF interest: Good News! Modi government will give Diwali gift to more...

EPF interest: Good News! Modi government will give Diwali gift to more than 6 crore people, check details immediately

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Before Diwali, EPFO ​​is going to give gifts to more than 6 crore beneficiaries. The Finance Ministry has announced that 8.5% interest on provident fund deposits for 2020-21 will soon reach their accounts. 



Let us tell you that 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. Apart from this, log in to the portal through 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.

The Central Board of Trustees of EPFO, headed by the Labor Minister, had in March this year approved the same interest rate of 8.5% for 2020-21 as in the previous year. However, the labor ministry will have to compulsorily take approval from the finance ministry on the proposed rate. Top officials of the labor ministry earlier this month met finance ministry officials and asked them to expedite the process after answering their queries.

The EPFO ​​had estimated income of around Rs 70,300 crore in the last financial year, which included around Rs 4,000 crore from selling a part of its equity investments and Rs 65,000 crore from debt.


You can also check balance through 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 have to write ENG instead of LAN. Similarly HIN for Hindi and TAM for Tamil. To get information in Hindi, you have to message by writing EPFOHO UAN HIN. At the same time, open the 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.


Pravesh Maurya
Pravesh Maurya
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 @ businessleaguein@gmail.com
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