Now EPF Members Get their Interest Upto Rs. 81000 Regularly
Interest amount being transferred to the accounts of EPF members, know who will get Rs 81,000
The interest amount is being transferred to the amount deposited in the accounts of EPF members.
Employees’ Provident Fund Organization is transferring the interest amount on the deposited contribution amount in the accounts of EPF members. EPF members with Rs 10 lakh in their account will get Rs 81 thousand. On the other hand, if Rs 5 lakh and Rs 1 lakh are in the EPF account, then the interest amount at the rate of 8.1 percent is being transferred to their accounts. Whether you have received an interest amount in your EPF account, can be checked easily.
Employees’ Provident Fund Organization (EPFO) deposits a certain amount of the employee’s salary in the EPF account to provide social security in old age to the employees of the organized sector. In this, the employer’s share is also included in the EPF of the employee. The Ministry of Finance gives a fixed interest on the amount in the EPF account. According to the report, for 2021-22, the interest amount is being transferred to EPF accounts by the ministry at an 8.1 percent interest rate.
According to the Ministry of Finance, from October 31, 2022, the amount of interest at the rate of 8.1 percent is being transferred to the EPF accounts of EPFO members. The Finance Ministry has said that there will be no loss in the amount of EPFO members whose interest amount has not reached their account. The reason for the delay in the transfer of interest rate has been attributed to software upgradation.
who will get how much money
EPF members who have Rs 1,00,000 in their account will get Rs 81,000.
EPF members who have Rs 5,00,000 in their account will get Rs 40,500.
EPF members who have Rs 1,00,000 in their account will get Rs 8,100.
Check EPF interest amount like this
EPF members can choose from several options to check the balance in their accounts. Like giving a missed call to EPFO, sending a message, or logging in online. Members can know the current account balance by sending a message to Employees’ Provident Fund Organization on mobile number 7738299899 through their registered mobile number. Apart from this, the amount can be known by giving a missed call on 011-22901406 and logging in through the member passbook by visiting the official website of EPFO