EPF will get 8.5% interest for 2019-20, check such balance

The Ministry of Labor has decided to pay 8.5% interest for 2019-20 in the Employees Provident Fund with more than six crore account holders after the consent of the Ministry of Finance. A senior official said the labor ministry had approved the issuance of a notification in this regard.The retirement fund official said the EPF interest rate was formally approved by Labor Minister Santosh Ganguly on Thursday after getting the consent of the finance ministry. Now the interest rate will be officially announced in the official gazette, after which the EPFO ​​headquarters will direct the account holders to deposit the interest in the account.

In March this year, the Central Board of Trustees, the highest decision-making body of the EPFO, chaired by Gangbar, approved an 8.5 per cent interest rate on the EPF for 2019-20. In September this year, the EPFO, at a meeting of its trustees chaired by Gangwar, decided to divide the 5.5 per cent interest into two installments of 6.15 per cent and 0.05 per cent. But later the ministry was completed together. Decided to keep the decimal percent contribution in the account holders account.

Find out the PF balance by calling Miss

You can find out the PF balance just by making a missed call. For this, you need to make a missed call to 011-22901406 from the mobile number registered in your PF account. After that, you will get a message so that you get information about the meaning of PF in your account.

To know PF balance from SMS message to this number

Apart from this you can also know the PF balance by sending a message. However, for both these services you need to have UAN (Universal Account Number) active. If you want to know the PF balance via SMS, type EPFOHO UAN and send to 7738299899. You can get this service in 10 languages ​​including Hindi, English, Punjabi.

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