EPF interest rate: The government has approved 8.1 percent interest on provident fund (PF) deposits for the financial year 2022 to about five crore account holders of Employees’ Provident Fund Organization (EPFO).
This is the lowest interest rate in the last four decades. Now we will soon transfer PF interest in the account of PF account holders. If you have Rs 5 lakh in your account, then interest of up to Rs 40,000 can come in your PF account.
The government has approved 8.1 percent interest on provident fund (PF) deposits for the financial year 2022 to about five crore account holders of the Employees’ Provident Fund Organization (EPFO). This is the lowest interest rate in the last four decades.
Modi government can transfer PF accounts soon, if the news is to be believed, then interest money can be transferred by the end of this month. If you have 5 lakh rupees in your PF account, then you can get interest up to Rs 40,000.
Money will come soon in PF account
After getting approval from the government, EPFO will now start adding interest amount to the Employees’ Provident Fund (EPF) accounts of the employees. This interest of 8.1 percent on EPF deposits is the lowest since the financial year 1978. At that time the interest rate was 8 per cent. EPFO told how you can know your PF balance in minutes sitting at home in these four ways.
You can check balance through SMS
To send to EPFO UAN LAN (Language) 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 for Hindi and TAM for Tamil. To get information in Hindi, you have to message by writing EPFOHO UAN HIN.
You can know details from missed call
If you want, you can also know your EPF balance through missed call. For this you have to make a missed call on 011-22901406 from your registered mobile number.
Through website
To check your balance online, visit the EPF passbook portal. Login 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.
Via Umang app
If you have a smartphone then you can check your EPF balance whenever you want through the app. For this, open UMANG AF and click on EPFO. In this, click on Employee Centric Services and then click on View Passbook and enter UAN and Password. OTP will come on the registered mobile number. After entering it, you can view the EPF balance.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
