There is an unbelievable good news for EPFO members. According to the latest notification issued by the Employees' Provident Fund Organization (EPFO), EPFO has announced that it will soon deposit around Rs.40 thousand in the accounts of PF employees. It has clearly explained how EPFO will disburse this amount of Rs.40,000 and to whose PF account it will be credited. Well, let's know who will get this amount.
Most of the employees across the country contribute to the PF account. A certain amount is deducted from the monthly salary of the employees by the Employees' Provident Fund. It is this PF money that is regularly withdrawn every month that shows up as your PF account balance. EPFO will now pay interest on the total amount deducted from you.
EPFO to deposit Rs.40,000 in PF account According to this, EPFO has announced that a huge amount will be transferred to your account soon. It is noteworthy that currently more than 6 crore employees across the country are contributing to PF accounts. If you also have a PF account, read this post till the end and benefit. Well, now let's come to the matter of Rs.40,000 deposit announced by EPFO.
What does EPFO's unbelievable announcement say? According to the latest notification issued by the Employees' Provident Fund Organization (EPFO), soon the PF account holders will be able to deposit Rs. 40,000 has been declared as fixed deposit. This Rs. 40,000 deposit will also be made clear by EPFO to which of the employees holding PF account. Read on for complete details.
Who will get this Rs.40,000? According to this, the amount will be available to those who have deposits of Rs 5 lakh or more in their employees' PF accounts. That is, if your PF account balance is Rs 5 lakh or more, this Rs 40,000 will be given to you, EPFO said. EPFO has assured that this amount of Rs.40,000 will be deposited in the concerned PF employee accounts soon.
What is the balance in your PF account? Note that this amount of Rs.40 thousand will be paid as interest on your 5 lakh balance. You can easily check online from the comfort of your home whether this money has been transferred to your account or not. Similarly, employees having PF accounts can also check the balance amount in their account using this method.
Well, your next question is when will the Employees' Provident Fund Organization (EPFO) deposit this amount in our account. The answer is this, EPFO has not released any information about the specific date as of now. But it has only confirmed that this amount will be converted into interest money in the PF account very soon. It is to be noted that employees must have Rs.5 lakh in their PF account to avail the amount of Rs.40,000.
How to check PF account balance from home?
Well, now let's see how to check PF account balance from home. To check your PF account balance, first you need to visit the website epfindia.gov.in.
After this, you have to click on the option 'Click here to know your EPF balance'. Then you will be redirected to epfoservices.in/epfo/. After this you need to click on 'member balance information' option.
Do this correctly to view your PF account details Then, you need to enter your PF account number and your registered mobile number here. After this you have to select your state and click on the website link of EPFO office of your state. For example, if your state office is Tamil Nadu and your local office is Chennai, you should choose Chennai as the city.
Once this entire process is completed, your PF account balance will be shown on the display. Similarly, we can know your PF account balance through missed call and SMS. For this your PF account details must be linked with your mobile phone. If it is connected like that, then if you give this number 011-22901406, you will get the PF information immediately. Balance information will also be sent through SMS
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