New Delhi: The Employee Provident Fund Organization (EPFO) has issued instructions to credit the 8.5% PF interest rate on around 25 crore of EPF member accounts, EPFO said in a tweet. . The interest rate is for the year 2020-2021.Also Read – New Contingency Fund Guidelines: Withdrawing Money From PF Before Due Date May Be Taxable
“EPFO is issuing instructions to credit 8.5% interest for the year 2020-2021 on some 25.0 crore of member accounts with EPFO,” EPFO tweeted. Read also – Checking PF balance by missed call: toll-free application number, other details
Interest rate EPF 2021-22 Credit
In a circular dated October 30, 2021, EPFO announced the declaration of the interest rate of the employee provident account for the year 2020-2021. Read also – Alert on contingency funds: FP rules will be changed from September 1. Subscribers must update these documents
The Department of Labor and Employment has given the central government approval under subsection 60 (1) of the Employee Benefit Plan, 1952 to credit interest of 8.50 percent for the year 2020-2021 on the account of each member of the EPF Plan according to the provisions of paragraph 60 of the EPF regime, 1952, declared the EPFO in its official circular.
How to check the PF balance
Members registered on the UAN portal can obtain their contact details from EPFO by making a missed call to 011-22901406 from their registered mobile number.
If the member’s UAN is seeded with one of the Bank’s A / C numbers, AADHAAR and PAN, the member will get the details of the last contribution and the PF balance.
The mobile number must be activated with UAN on the Unified Portal. Bank account number, Aadhaar, PAN as KYC must be available against UAN.
Give the missed call from the registered mobile number to 01122901406. The call will be automatically disconnected after two rings. No charge for the PF member to take advantage of this service.
UAN activated members can check their last PF contribution and their available balance with EPFO by sending an SMS to 7738299899 from the registered mobile phone number. Members should send “EPFOHO UAN” to 7738299899.
The installation is available in English (default) and Hindi, Punjabi, Guajarati, Marathi, Kannada, Telugu, Tamil, Malayalam and Bengali. To receive the SMS in one of the languages other than English, the first three characters of the preferred language must be added after UAN.