joi, 31 octombrie 2019

Here's how to check PF balance online

Checking the provident fund balance has become much easier now. Rather than waiting for your employer to share your PF statement at the end of the year, you can now simply check your PF balance online.

PF is the popular name for EPF or Employees’ Provident Fund. It is a government established savings scheme for employees of the organised sector. The EPF interest rate is declared every year by the EPFO (Employees Provident Fund Organisation) which is a statutory body under the Employees’ Provident Fund Act, 1956.

Only employees of companies registered under the EPF Act can invest in the EPF or PF. The current EPF rate is 8.65 percent.

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B) Umang app on mobile

A) EPF portal
Members of the EPFO can check their balance by visiting the official website of the Employees’ Provident Fund Organization (EPFO).

Note: To check EPF balance, make sure that the employer has activated your Universal Account Number (UAN).

A UAN number is allotted by the Employee Provident Fund Organization (EPFO). All employees should have only one UAN during their working life irrespective of the companies they change.

Follow the steps given below to check your EPF balance online:

Step 1- Visit the official EPFO Website- www.epfindia.gov.in

Step 2- From the 'Our Services' tab, click on 'For Employees.'


How to check provident fund balance online: Steps
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Step 3- Now, click on the option 'Member passbook' under the option 'Services.'


How to check provident fund balance online: Steps
Step 4- Login with your UAN and Password.


How to check provident fund balance online: Steps
Step 5- After logging in, you can access your EPF account.

2. Checking EPF Balance on the Umang app
EPFO provides various services through the centralised mobile app of the government, called Umang. The app can be downloaded from the Google Play Store/App Store.

Members can check their PF balance and download their passbook on this app.

Follow the steps given below-

Step 1- Download the application from Play Store/App Store.

Step 2- Open the Umang app on your smartphone and select EPFO.

Step 3- Click on the 'Employee Centric Services.'

Step 4- Click on 'View Passbook' to check your EPF balance.

Step 5- Enter your UAN and click on Get OTP to send the OTP to the mobile number registered with UAN. Enter the OTP and click on 'login.'

Step 6 Select the member ID of the company for which you want to check the EPF balance.

Step 7 Your passbook will be displayed on the screen along with your EPF balance.

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