Private company employees look forward to the announcement of the interest rate change for EPFO—FY 2024-25.
According to reports, the Indian government will surely declare new EPF interest rates by the end of February 2025 near about.
On nearly 7 crore PF payees, the brakes test will be well: SBPMV* This explains the forthcoming interest rise, transfer info, and how to view your EPF balance instantly right away
EPFO Interest Change For 2025: What Will Be The Impact?
IndCCG Updates: EPFO Central Board of Trustees (CBT) to meet on 28th February 2025 for next crucial move Hereon, reports are claiming that government will go ahead and increase the current EPF interest rate by a 0.10% mark to hit 8.35%
EPFO after the rate of interest is fixed will again pay it in PF accounts of employees directly. This would fast track financial relief to the crores of salaried, The people.
What will Get Cheaper with the New Interest Rate
✔ 7 crores PF accounts active in private sector employees
✔ People Falling in EPF, governed by the legal responsibility
✔ EPF accounts of UAN linked beneficiaries
How To Check Your Current EPF Balance Instantly?
Employees can take the Updated PF balance under multiple online methods after official announcement.
- 1. Check PF Balance in UMANG App
You can easily check EPF balance with a quick and safe process via UMANG app, These are Types on Your UMANG app
Steps to check:
1️⃣ Start UMANG application in your device.
2️⃣ Log EPFO in the search field
3️⃣ Choose View Passbook or Balance Check.
3️⃣ Enter your UAN (Universal Account Number ) and press next.
5️⃣ Just a few seconds your PF balance and transaction list will be visible.
- Check PF balance by SMS
For inbox of P.F balance by SMS Send —-
➡ EPFOHO UAN CSV ( Send 7738299989 SMS )
(Replace ENG with your language code for example, if you want Test in Hindi code ENG change it to HIN)
- Track PF Balance With Missed call
Call 9966044425 in your registered mobile. The call will be automatically disconnected and you receive an SMS with your current PF balance details.
Ending up: Keep Updated with Your EPF Account
The EPF interest rates are going to increase, in no time after which make sure to link your UAN with regulator: Aadhaar, PAN & mobile. Use the techniques in above more frequently and always keep your PF balance updated so as not to get left out in the financial world!