Latest news with #UAN
Time of India
11-07-2025
- Business
- Time of India
Your EPF account to get 8.25% interest credit this week: 4 ways to check provident fund interest credit, balance
How to check EPF balance online via EPFO portal How to check PF account balance via UMANG App How to check PF balance using missed call service How to check PF balance using SMS service The Employees' Provident Fund Organization (EPFO) will finish crediting 8.25% interest for 2024–2025 into members' accounts this week, Labour Minister Mansukh Mandaviya said on Tuesday, as per a Times of India (ToI) report. The government approved a rate of 8.25% on May 22, 2025 for the current financial year."This year, the annual account updation had to be done for 13.88 lakh establishments having 33.56 crore member accounts, out of which till 8th July, interest has been credited in 32.39 crore member accounts of 13.86 lakh establishments," Mandaviya said, quoted by PTI. The minister added that the remaining accounts are expected to be updated within this compared to other fixed-income instruments, EPF continues to provide comparatively better and more consistent returns, which contributes to the long-term growth of retirement are some steps by which you can check your EPF balance online on the EPFO portalVisit the EPFO portal, navigate to "For Employees" under "Our Services", and select "Member Passbook". Log in using your UAN number and password and choose the relevant "Member ID" to view your PF account the UMANG app and select "EPFO" from "All Services". Under "Employee Centric Services", click "View Passbook" to check your PF are some prerequisites to check balance using missed call service1. Mobile Number must be activated with UAN at Unified Portal.2. Any one of following KYC must be available against the UAN. a. Bank A/c Number. b. Aadhaar c. PANSteps to check PF balanceHere are a few simple steps to check PF balance:Dial 9966044425 from your registered mobile call will automatically disconnect after two rings (no charges apply).You will receive an SMS with your latest PF balance and last contribution This service is only available for UAN-activated members with completed KYC. If you face issues, verify your KYC status via your employer or the EPFO SMS service is another offline method to access your PF balance instantly. Follow these steps:Prerequisites for availing SMS facility· Your UAN must be activated and linked with Aadhaar, PAN, and bank account.· The SMS must be sent from your registered mobile number.· eKYC must be completed on the UAN to check balance:Send an SMS to 7738299899 in the format: EPFOHO UAN LANReplace UAN with your 12-digit Universal Account LAN with the first three letters of your preferred language (e.g., ENG for English, HIN for Hindi, MAR for Marathi, etc.).
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India.com
10-07-2025
- Business
- India.com
Has 8.25% PF Interest Money Been Credited Into Your Account? 4 Ways To Check It From Comfort Of Your Home
New Delhi: Bringing the much needed joy to Employees Provident Fund Organisation (EPFO) account holders, government has started crediting 8.25 percent PF interest rate for FY 2024-25. Labour Minister Mansukh Mandaviya has confirmed that 4,000 crore is credited 96 percent PF members' accounts as interest. 'Annual account updation had to be done for 1.4 million establishments with nearly 335 million member accounts this year. By July 8, interest had been credited in 324 million member accounts. This translates into completion of annual accounts update for 99.9 per cent of the establishments and 96.51 per cent of member accounts,' Mandaviya said. Meanwhile, if you are a PF subscribers, you can check your PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App. Know how to check EPF account balance ONLINE Log on to Feed in your UAN number, password and captcha code Click on the e-Passbook Once you file all the details, you will land up on a new page Now open member id Now you can see the total EPF balance in your account How to check EPF balance through UMANG App Open the UMANG App Click on EPFO. Click on Employee Centric Services Click on the View Passbook option Feed in your UAN number and password You will get OTP on your registered mobile number Now you can now check your EPF balance How to check EPF balance through SMS Apart from the mobile number, the members registered on the UAN portal may get their PF details by sending an SMS from their registered mobile numbers. For this, you are required to SMS 'EPFOHO UAN' to 7738299899. How to check EPF balance through MISSED Call EPFO subscribers, registered on the UAN portal, may get their PF details available with the Employees' Provident Fund Organisation by giving a missed call at 011-22901406 from their mobile number registered with UAN.
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Business Standard
09-07-2025
- Business
- Business Standard
PF transfer after a job change: Here's the process and why it matters
If you have recently switched jobs, transferring your Employees' Provident Fund (EPF) balance to your new employer's account is crucial to ensure your retirement savings continue to grow seamlessly. The Employees' Provident Fund Organisation (EPFO) allows members to transfer their PF balance online, simplifying the process for millions of employees in India. Why transfer your PF? According to the EPFO, transferring your PF helps consolidate your retirement corpus and retain the benefits of compounding. It also ensures your service history is carried forward, which is important for pension eligibility and avoiding tax deductions on withdrawals after five years of service. The online PF transfer process The EPFO provides an easy-to-use online system for transferring your PF. Here's how it works: -Activate your UAN: Ensure your Universal Account Number (UAN) is activated at EPFO's member portal. Your Aadhaar, bank account, and mobile number must be linked to your UAN. -Log in: Use your UAN and password to log in to the portal. -Submit transfer request: Navigate to 'One Member-One EPF Account (Transfer Request)' under the online services tab. -Verify details: Check your personal information and PF account details of your previous and current employment. Select either your previous or current employer to attest your claim, based on their digital signature availability. -Authenticate with OTP: Request an OTP on your UAN-registered mobile number and submit it to complete the process. Key prerequisites Your previous employer must have entered your date of exit in the system. If not, update it through the 'Manage > Mark Exit' option on the portal. Only one transfer request can be made against a previous PF account. Tracking your claim Once submitted, you can track the status of your transfer request under 'Track Claim Status' in the member portal. EPFO confirms that no physical Form 13 submission is required if the request is filed online. Offline process for certain cases In situations where you have two UANs or worked in an exempted establishment, an offline process using Form 13 is necessary. The form must be signed by your employer and submitted to the regional PF office. Why it matters EPFO highlights that consolidating your PF accounts ensures you maximise long-term benefits. 'Transferring PF amount instead of withdrawing gives the member the benefit of compounding, helping the corpus grow faster,' says the EPFO in its guidelines. For detailed instructions and to check your eligibility for online transfer, visit
News18
08-07-2025
- Business
- News18
EPF Interest Credited Early, 97% Accounts Updated At Record Speed — Check Yours
'The process has now been optimized for faster processing due to which the entire exercise has mostly been completed in June itself," said Mandaviya. For FY25, the Employees' Provident Fund Organisation (EPFO) needed to update accounts for 13.88 lakh establishments covering 33.56 crore member accounts. As of July 8, interest has already been credited to 32.39 crore accounts across 13.86 lakh establishments. 'This translates into completion of annual accounts updation for 99.9% of the establishments and 96.51% of the member accounts," Union Labour Minister Mansukh Mandaviya told By comparison, last year, around 86% of accounts were credited by the same date. EPFO officials attribute this progress to improved digital tools, capacity expansion, and better interdepartmental coordination. What Is The Interest Rate On EPF? As announced in January 2025, the EPF interest rate for fiscal year 2023–24 remains unchanged at 8.15%. This aligns with the rate for each of the past five years following a 0.10% cut in FY 19-20. Cumulatively, around Rs 10 lakh crore flows into the EPF pool annually—through both employer and employee contributions. With strong inflows and widening investment options, EPFO's total assets under management rose to over Rs 17 lakh crore earlier this year, making it one of the world's largest pension funds. What's Behind Faster Credit Processing? Several factors helped accelerate this year's interest crediting: Digital Integration: Tighter systems integration between employers, banks, and EPFO's UAN (Universal Account Number) infrastructure enabled faster authentication of member contributions. Assembly-Line Efficiency: EPFO mobilised additional staff and leveraged automation tools, reducing manual intervention and speeding up bulk processing. Improved Reporting by Employers: A new compliance deadline (March-end for annual contributions) has resulted in employers submitting more accurate records on time. Real-Time Monitoring: A live dashboard tracks daily progress, raising transparency and accountability at zonal offices. What This Means for EPF Members Earlier Access to Statements: Members can now access updated passbooks and annual statements weeks earlier than usual. Effective Financial Planning: To plan for loans, retirement investments, or tax filing, having early confirmation of interest income helps. It's particularly useful since EPF interest is taxable if monthly balances exceed Rs 2.5 lakh. Boost In Confidence: The speedy processing reflects EPFO's move toward a member-focused, tech-enabled, efficient service—enhancing trust in India's pension ecosystem. How To Check Your EPF Interest? • Visit the official website of EPFO, • Click on 'View Passbook'. • Login by entering your UAN and password. • View your account details and check the interest credited. • On mobile, download UMANG app → Login to EPFO services → View passbook. Advertisement • Missed call: Give a missed call to 011-22901406 from registered mobile. You will get the balance information in SMS. What To Do If Interest Is Not Reflected?
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Business Standard
07-07-2025
- Business
- Business Standard
Cheats posing as EPFO agents are a threat: Red flags and how to stay safe
Cheats posing as agents of the Employees' Provident Fund (EPF) are duping subscribers of the pension scheme by offering faster withdrawals or assistance in claims. Experts warn that people may lose their hard-earned retirement savings to such fraud. How these scams work Scammers often contact EPFO members via calls, emails, or even WhatsApp messages, claiming to be officials or authorised agents. They lure people by: Offering faster PF claims or early withdrawals for a 'small processing fee'. Asking for sensitive details like Aadhaar, PAN, UAN, OTPs, or bank account credentials. Claiming the account is 'frozen' and needs reactivation via a link or payment. Once these details are shared, fraudsters can siphon off funds or misuse the personal information for identity theft. Why EPFO does not appoint agents The Employees' Provident Fund Organisation has repeatedly clarified that it does not authorise any middlemen or third-party agencies for withdrawals, account updates, or claim settlements. All services are available free of charge through the EPFO portal ( the UMANG app, or regional EPFO offices. Tips to protect your EPF account take these measures: Never share UAN, OTP, or bank account information with anyone claiming to be an EPFO agent. Access EPFO services only via official platforms like the EPFO website and UMANG app. Ignore suspicious calls or emails asking for payments or login credentials. Regularly check your PF balance and passbook for unauthorised transactions. What to do if you're targeted If you suspect fraud, immediately report the matter to your bank and lodge a complaint with EPFO's grievance portal. You can also call the EPFO helpline (14470) for guidance.
