PF employees have now got good news, because soon the interest amount will start coming into the account from EPFO. It is believed that about 7 crore employees will get the benefit of interest. The government is going to deposit the interest money for the financial year 2023-2024 in the account soon, which will be like a big gift.
EPFO UPDATE: This amount will prove effective in fighting inflation. The calculation of how much money will come in the account will be done from your total balance. The interest amount will be given according to the total fund in your EPF account. EPFO has not yet announced the date of depositing the interest amount. If media reports are to be believed, this work will be started in the first week of July. A large number of employees are going to benefit from this.
Know how much interest you will get
The Modi government at the center has announced 8.25 percent interest for PF employees, which money has also been transferred to EPFO. For the first time in many years, such a high interest rate has been approved. Earlier, 8.1 percent interest was given. Inflation is also believed to be the reason behind the increase in the amount.
All the employees are now eagerly waiting for the transfer, which the government is going to end soon. However, nothing has been officially said about the date of transferring the interest money, but this work will start from the first week of July. You can easily check how much money has come in your EPF account, for which you do not need to worry anywhere.
Know PF money through missed call
EPFO has started many such methods, with the help of which you can check PF money sitting at home. You no longer need to visit offices. Give a missed call to 9966044425 from the registered mobile number. After this, the employee’s mobile number will receive an SMS with PF details. For this, it is necessary to have UAN activated. You will easily get information about PF balance.
