What is the new update in EPF?

What is the new update in EPF?

Govt approves 8.1 per cent as interest rate on provident fund deposits for 2021-2022. The interest rate of 8.1% for 2021-22 is the lowest in more than four decades and is a significant cut from 8.5% credited in 2020-21 and 2019-20. EPFO had credited 8.0% as interest rate in 1977-78.

How to check balance of EPFO?

You can use the SMS service to know the EPF balance on mobile. To use the service, you need to SMS EPFOHO UAN ENG to 7738299899. To know PF balance without UAN, sending an SMS will be useful. You need to send the SMS at 7738299899, but it should be ensured that it is sent from your registered mobile number.

How check EPF balance via SMS?

To check your PF balance via SMS, all you need to do is send SMS “EPFOHO UAN ENG” to 7738299899. You will then receive an SMS with the last PF contribution and total PF balance. This method will also help you to check the PF balance without giving UAN or in case you do not have internet service.

How can I check my PF balance 2021?

EPF Balance Check by sending SMS: They can use the number 7738299899. The system will display its balance and the last contribution. The applicant should send the SMS in the format below. EPFOHO UAN ENG to the number 7738299899, the member can select the language to use.

How to check my PF account balance with UAN number?

The EPFO member can now simply send an SMS to 7738299899 to check the EPF balance and last contribution amount. The SMS must be sent in the ‘EPFOHO UAN ENG’ format. To elaborate, if the EPF balance UAN number is 123456, and the language of preference is English, then the SMS to be sent is “EPFOHO 123456 ENG”.

Can I check my PF balance online?

To check your PF balance through SMS, send the text “EPFOHO UAN ENG” to the number 7738299899. The last PF contribution and total PF balance will be sent to you through SMS. This method will also allow you to check your PF balance without providing your UAN or if you do not have access to the internet.

When EPF interest will be credited for 2021 22?

The FY21 EPF interest rate was credited in December 2021. However, according to a Zee News Hindi report, interest money for FY 22 can be transferred to the PF accounts till July 15.

How can I get my PF statement?

The Employee Provident Fund Organization does not provide any hard copy of annual provident fund statement. Employees can download their EPF account statement online by using the new e-passbook facility available on the EPFO website. In order to view and download your e-passbook, you need to register with EPFO.

Can I check my previous organisation’s EPF balance?

Yes, it is possible for individuals to check their previous organisation’s EPF balance. Once individuals’ log in to EPFO portal using their Universal Account Number (UAN), they will be able to check the balance by clicking on the respective Member ID.

How can I Check my PF balance and last contribution?

In case employees have activated their UAN, they can send an SMS to 7738299899 to check their PF balance and the last contribution. The format that the SMS should be sent in is EPFOHO UAN ENG. The preferred language that the employee would like to receive the details in is the last three letters.

What is the meaning of EPF balance?

EPF balance is the amount that is there in your EPF Account. EPF balance consists of amount deducted every month from your salary plus the amount that is contributed to your EPF account by your employer. Knowing your EPF balance can be a good indicator of your retirement savings.

How do I Check my PF balance using my UAN number?

Know your PF balance using your UAN/PF number . Subscribers of the Employees’ Provident Fund can now check their balance by using their Universal Account Number (UAN) or Provident Fund (PF) number. This can now easily be done online without having to go through the employer.