Big EPFO update! PF subscribers to start receiving 8.5% interest benefits from today

Around six crore EPF subscribers who have been eagerly waiting for the final nod from government on crediting of interest for 2019-20 in their employees’ provident fund (EPF) accounts, have got a big new year gift.

Labour and Employment minister Santosh Gangwar has said that PF subscribers will start receivig 8.5 percent interest on their PF amount from today onwards.

“I am happy to inform you that a notification has been issued & for year 2019-2020, our over 6 crore subscribers will receive 8.5 percent interest on PF amount. We have made such arrangements that you’ll start receiving these benefits from today,” Union Minister Santosh Gangwar said.

He added, “We know that circumstances in 2020 weren’t favourable for us. People were surprised when in 2020 beginning, we had said that we’ll try to give 8.5 percent interest on Provident Fund amount for year 2019-2020. Today, I am here to fulfill that promise.”

EPFO subscribers can check their PF Balance from the comfort of home using four different ways –check PF balance using SMS, online, missed call and UMANG App.

Know how to check EPF account balance ONLINE
Log on to epfindia.gov.in
Feed in your UAN number, password and captcha code
Click on the e-Passbook
Once you file all the details, you will land up on a new page
Now open member id
Now you can see the total EPF balance in your account

How to check EPF balance through UMANG App

Open the UMANG App
Click on EPFO.
Click on Employee Centric Services
Click on the View Passbook option
Feed in your UAN number and password
You will get OTP on your registered mobile number
Now you can now check your EPF balance

How to check EPF balance through SMS
Apart from the mobile number, the members registered on the UAN portal may get their PF details by sending an SMS from their registered mobile numbers. For this, you are required to SMS ‘EPFOHO UAN’ to 7738299899.

How to check EPF balance through MISSED Call
EPFO subscribers, registered on the UAN portal, may get their PF details available with the Employees’ Provident Fund Organisation by giving a missed call at 011-22901406 from their mobile number registered with UAN.