EPFO Members: The Central Government is soon going to transfer the interest money of your Provident Fund (PF) to your account. About 6 crore employed people will benefit from this. According to media reports, the interest of PS can be transferred till August 30. However, no official statement has come from EPFO on this yet.
The central government had talked about giving 8.1 percent interest rate on the provident fund for some time. This interest rate is the lowest interest rate in 40 years. Earlier, the government had given 8.5 percent interest. So this time interest will be transferred to your PF account at the rate of 8.1 percent.
Calculation of interest is quite simple
– If you have Rs 10 lakh in your PF account then you will get Rs 81,000 as interest.
If you have Rs 7 lakh in your PF account, you will get Rs 56,700 as interest.
If you have Rs 5 lakh in your PF account, then Rs 40,500 will come as interest.
If you have one lakh rupees in your account, then 8,100 rupees will come.
How to Check Balance
You can follow 4 ways to check your PF balance. Or you can choose any one of the four methods. In these ways, you can check the balance through SMS and you can also know by giving a missed call. Apart from this, you can also check through EPFO’s website, and UMANG app.
By SMS: For this, you have to send a message by writing EPFO UAN LAN (Language) to 7738299899 from the mobile number registered with EPFO. LAN stands for your language. If you want information in English, you have to write ENG instead of LAN. Similarly, HIN is to be written for Hindi and TAM for Tamil. For example, to get information in Hindi, you have to message by typing EPFOHO UAN HIN.
By missed call: If you want, you can also know your EPF balance through a missed call. For this, you have to make a missed call on 011-22901406 from your registered mobile number. After missed call, your phone will be disconnected automatically and you will get your balance information.
Through website: To check your balance online, you visit the EPF passbook portal. Log in to this portal using your UAN and password. In this, click on Download / View Passbook and then the passbook will open in front of you, in which you can see the balance.