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Diwali: EPFO Initiates Interest Deposits in Over 7 Crore Accounts During Festive Season

For approximately 7 crore individuals amidst the Diwali season, EPFO has commenced the crediting of interest in EPF accounts for FY22-23.

Edited By : Pranjal Gupta | Updated: Nov 11, 2023 15:20 IST
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New Delhi: In a positive development for approximately 7 crore individuals amidst the festive season, the Employees’ Provident Fund Organization (EPFO) has commenced the crediting of interest in EPF accounts for the financial year 2022-23. This increase in the total amount is a welcomed financial boost for account holders.

This interest, applicable for the fiscal year 2022-23, is now accessible for verification on social media platforms. Individuals can promptly check if the interest amount has been credited to their PF accounts. The government has set the interest rate for EPF at 8.15 percent for the specified financial year.

For those keen to monitor their PF deposits on a monthly basis, the EPFO provides various avenues to access information such as the amount deposited, company contributions, and the total balance. With around 7 crore active EPF accounts across the country, account holders can conveniently check their PF balance and related details through digital mediums.

Here are some ways to check PF balance:

1. UMANG App

– Download the UMANG app on your mobile device.

– Log in using your UAN, and access PF information quickly.

– Navigate to the EPFO section, click on Employee Centric Service, and select View Passbook to log in with UAN and view the passbook.

 

2. SMS Services

– Send an SMS to 7738299899 from the registered mobile number.

– Format: ‘EPFOHO UAN’ to receive PF contribution and balance information.

– Language options available: English, Hindi, Punjabi, Gujarati, Marathi, Kannada, Telugu, Tamil, Malayalam, and Bengali.

– Example: For English, write ‘EPFOHO UAN ENG.’

 

3. EPFO Website

– Visit the EPFO website and log in to the Passbook Portal using your UAN and password.

– Click on ‘Download/View Passbook’ to access your PF balance.

It’s important to note that EPFO rules specify that information will be communicated through phone calls or messages only for consumers with active UANs. Additionally, having your UAN linked to bank accounts, Aadhaar, and PAN facilitates obtaining comprehensive details of your last contribution and account.

First published on: Nov 11, 2023 03:20 PM IST

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