New Delhi: Amidst the second wave of the COVID-19 pandemic, over 6 crore account holders of EPFO (Employees’ Provident Fund Organisation) are eagerly waiting for the good news on credit of interest rate in their account. As reported by Zee News sources, the interest amount will be credited to the PF account of the customers by the end of July which will end tomorrow (Saturday).
NS Employees Provident Fund Organization For the financial year 2020-21, the customers are expected to deposit 8.5 percent interest in their account either today or tomorrow.
PF customers can check their PF balance Check PF balance from the comfort of home using four different methods – SMS, Online, Missed Call and using UMANG App.
Know how to check EPF account balance online
Log on to epfindia.gov.in
How to check EPF balance through UMANG App?
open umang app
How to check EPF balance through SMS
Apart from the mobile number, members registered on the UAN portal can get their PF details by sending an SMS from their registered mobile numbers. For this, you have to SMS ‘EPFOHO UAN’ to 7738299899.
How to check EPF balance through MISSED call
EPFO subscribers registered on UAN portal can provide their PF details with Employees’ Provident Fund Organization by giving a missed call on 011-22901406 from their mobile number registered with UAN.
It may be recalled that the Central Board of Trustees, the apex decision-making body of the EPFO, in its meeting in March this year, had decided to fix the rate of interest at 8.5 per cent for 2020-21. Whereas in March last year, the EPFO reduced the interest rate on provident fund deposits for 2019-20 from a seven-year low of 8.5 per cent to 8.65 per cent in 2018-19.
The EPF (Employees’ Provident Fund) interest rate provided for 2019-20 was the lowest since 2012-13, when it stood at 8.5 per cent. EPFO had provided 8.65 per cent interest rate to its subscribers in 2016-17 and 8.55 per cent in 2017-18. The interest rate was slightly higher at 8.8 per cent in 2015-16. It had paid 8.75 per cent interest in 2013-14 as well as 2014-15, which is higher than 8.5 per cent in 2012-13. EPFO had provided 8.25 per cent interest rate on provident fund in 2011-12.
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