How to check EPF balance: Want to know the balance of your PF account?
How to Check EPF Balance: Managing your finances includes keeping an eye on your Employee Provident Fund (EPF) balance. If you’re wondering how to check your EPF balance, here are four straightforward methods to help you stay informed about your savings.
Understanding Your EPF Balance: 4 Simple Methods
1. Quick Missed Call Service
One of the easiest ways to check your EPF balance is by simply giving a missed call. Dial 9966044425 from your mobile number registered with your Universal Account Number (UAN).
Shortly after the call, the Employee Provident Fund Organization (EPFO) will send you an SMS detailing your current PF balance.
2. Umang App: Your Digital Gateway
The government’s Umang app consolidates various government services into one platform, including EPF services.
By downloading the Umang app and completing a one-time registration with your phone number, you can effortlessly check your PF balance. The app allows you to view your EPF passbook, submit claims, and track the status of those claims.
3. The EPFO Portal: Direct Access
For those who prefer a more detailed view, the EPFO portal offers comprehensive access to your PF details. Visit the EPFO website, navigate to the ‘Employees’ section, and click on ‘Member Passbook.’
After logging in with your UAN and password, you’ll be able to see your EPF passbook, which includes opening and closing balances, monthly contributions from both employee and employer, and details of any PF transfers or interest accrued.
4. SMS Updates: Stay Informed
For instant updates, you can get your EPF account balance sent directly to your phone via SMS. Text ‘EPFOHO UAN ENG’ to 7738299899 from your registered mobile number.
‘ENG’ stands for English, but if you prefer another language, simply replace ‘ENG’ with the first three letters of your desired language. You’ll receive a message with your latest EPF balance and contributions.
A Note on Interest Rates
The EPFO has revised the interest rate on PF accounts to 8.25 percent for the financial year 2023-24, pending approval from the Finance Ministry.
This is an increase from the previous rate of 8.15 percent, signaling good news for private sector employees.
Importance of Monitoring Your PF Account
Many employees often overlook their PF accounts due to unfamiliarity with the checking process or underestimating its importance. Regularly monitoring your EPF balance is crucial for financial planning and ensures you are on track with your retirement savings.
Conclusion: Embrace Your Financial Awareness
Staying updated with your EPF balance is now straightforward and convenient. Choose from a quick missed call, the Umang app’s comprehensive services, the EPFO portal’s detailed insights, or the simplicity of an SMS to monitor your retirement savings effortlessly.
Empower your financial future by staying informed about your EPF balance with just a few taps.
Frequently Asked Questions
1. How can I check my EPF balance?
You can check your EPF balance through four simple methods: by giving a missed call to 9966044425, using the UMANG app, accessing the EPFO portal, or sending an SMS to 7738299899 with the text ‘EPFOHO UAN ENG’.
2. Do I need to register before checking my EPF balance?
Yes, you need to have your UAN (Universal Account Number) activated and linked to your mobile number to use these services for checking your EPF balance.
3. Is there any fee for checking the EPF balance?
No, there is no fee for checking your EPF balance using any of these services – missed call, UMANG app, EPFO portal, or SMS.
4. Can I check my EPF balance without a UAN?
No, a UAN is necessary to check your EPF balance online or through mobile services. If you do not have a UAN, contact your employer to obtain it.
5. How often can I check my EPF balance?
You can check your EPF balance as often as you like. However, the information may be updated monthly, so checking once a month is generally sufficient.
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