Festive bonanza! EPFO to credit first installment of 8.5% interest soon; steps to check passbook balance

Written By DNA Web Team | Updated: Nov 11, 2020, 11:01 AM IST

EPFO, in September, had announced that it would credit 8.5% interest on employees provident fund (EPF) for 2019-20 in two installments.

In what could bring cheers to account of its around 6 crore subscribers, retirement fund body Employees' Provident Fund Organisation's (EPFO) is expected to credit the installment of 8.5% interest till Diwali.

EPFO, in September, had announced that it would credit 8.5% interest on employees provident fund (EPF) for 2019-20 in two installments.

EPFO will provide 8.5% interest on the EPF account of subscribers now while the remaining 0.35% rate of interest on EPF for 2019-20 would be credited into the subscribers account in December this year.

How to check PF account balance via web

Subscribers can access their passbook through the EPFO website to check their account balance using UAN number.

1. EPFO subscribers can visit the website epfindia.gov.in and click on the E-passbook option.

2. Fill in username (UAN number), password and captcha code, member ID for which you want to see the balance.

3. The EPF passbook will reflect the balance.

4. Download the passbook for future reference.

How to check PF balance via text message

  • Subscribers will be able to check their PF balance through a text message if their UAN number is registered with the EPFO
  • Just send 'EPFOHO' to the number 7738299899 to get your account details
  • If you wish to get your account details in Hindi, then just write 'EPFOHO UAN' and send it to the same number
  • Else, you can also get your details in English, Punjabi, Marathi, Kannada, Telugu, Tamil, Malayalam and Bengali

The subscriber's UAN number and bank account should be linked to their permanent account number (PAN) and Aadhaar card.

It may be recalled that in order to ease the burden of EPF subscribers during the COVID-19 crisis, the Labour and Employment Ministry had on March 28 made amendments to the Employees' Provident Funds Scheme (EPFO) allowing partial withdrawal of provident fund.