There is good news for EPFO subscribers. PF money can be transferred at the end of July. After the approval of the Ministry of Labor, money will be deposited in the account of EPFO subscribers at the rate of 8.5 percent.
EPFO Latest News: There is good news for the members of Employees’ Provident Fund Organization (EPFO). This month more money is going to come in the account of PF members. It is believed that EPFO members are going to get interest on PF soon. The Modi government has approved 8.5 percent interest for the financial year 2020-21. It is believed that at the end of July, 8.5% interest of PF can be sent at the end of July or at the beginning of August.
Interest rate at 7 year low
It is worth noting that after the approval of the Ministry of Labor, now money will be sent to the account of EPFO subscribers at the rate of 8.5 percent. Let us tell you that last time in the financial year 2019-20 due to the disturbance in KYC, many subscribers had to wait a long time. The EPFO had kept the interest rates unchanged for the financial year 2020-21 at 8.5%, which is the lowest interest rate of the last 7 years.
How To Check My PF Balance?
Know Balance by Missed Call
To check your PF money, you have to give a missed call on 011-22901406 from your registered mobile number. After this, you will get the details of PF through the message of EPFO. Here also it is necessary to have your UAN, PAN and Aadhaar linked.
Check Balance Online
1. To do online balance check, log on to the EPFO website, click on e-passbook at epfindia.gov.in.
2. Now on clicking on your e-passbook, a new page will come to passbook.epfindia.gov.in.
3. Now here you fill your username (UAN number), password and captcha
4. After filling all the details, you will come to a new page and here you will have to select the member ID.
5. Here you will get your EPF balance on e-passbook.
You can also check balance on UMANG App
1. For this, open your UMANG app (Unified Mobile Application for New-age Governance) and click on EPFO.
2. Now on the other page, click on Employee-centric services.
3. Here you click on ‘View Passbook’. With this, you fill your UAN number and Password (OTP) number.
4. OTP will come on your registered mobile number. After this you can check your PF balance.
