HomeBusinessHow To Verify PF (Provident Fund) Stability, Withdraw Cash. Learn

How To Verify PF (Provident Fund) Stability, Withdraw Cash. Learn


Easy strategies to examine you provident fund account steadiness and curiosity

Need to know how you can examine your provident fund (PF) steadiness and the curiosity transferred into your account? Learn on.

Each salaried particular person must be up to date concerning the provident fund (PF) steadiness, particularly on the finish of a monetary yr.

Each month, an worker contributes a set 12 per cent of primary wage in the direction of their PF account, and the employer additionally contributes an equal quantity.

Although there are a lot of methods to find out one’s PF account steadiness, allow us to examine 5 easy strategies to examine it.

1. EPFO web site:
On the EPFO web site, click on on ‘Member Passbook’ beneath the part for workers. You may view the PF passbook by logging in together with your common account quantity or and password.

The break-up of contribution by the worker and employer is seen together with the opening and shutting steadiness. The PF curiosity earned and any PF switch quantity are additionally talked about.

If multiple provident fund quantity is connected to your UAN, then all of them will seem. It’s essential click on on the particular member ID to search out out the steadiness of that PF account.

2. Unified Portal:
You can too go browsing to the Unified Portal together with your and password and open the PF passbook to view the provident fund steadiness. You may view the PF contributions for various monetary years additionally.

3. By means of SMS:
You should utilize the SMS service to know the EPF steadiness on cell. To make use of the service, you want to SMS EPFOHO ENG to 7738299899. To know PF steadiness with out UAN, sending an SMS shall be helpful.

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It’s essential ship the SMS at 7738299899, but it surely ought to be ensured that it’s despatched out of your registered cell quantity. After sending the SMS, you’ll obtain the final PF contribution and the steadiness particulars of the member particular to your KYC particulars.

4. By means of a missed name:
You should utilize your cell phone to examine the PF steadiness, for which you’ll not require the UAN. For this, you’ll have to use the Missed Name service offered by EPFO.

It’s a must to give a missed name at 011-22901406 out of your registered cell quantity. After two rings, the decision will get disconnected, and the consumer will obtain the message displaying the PF steadiness.

Importantly, this service is on the market freed from price and may be availed from non-smartphones additionally.

Nonetheless, as an worker, you want to be certain that your is linked to your checking account, Aadhaar quantity and PAN and even your cell quantity should be linked and registered on the Unified Portal.

5. PF steadiness by the UMANG app:
One can obtain UMANG app – Unified Cellular Utility for New-age Governance- to get EPF particulars reminiscent of PF steadiness, declare standing and Know Your Buyer (KYC) standing, amongst different particulars.

The best way to withdraw your PF?
Workers Provident Fund (EPF) is a lifetime funding that may be helpful all through essential phases of 1’s life. It’s made up of 12% of a employee’s base wage per thirty days, which is deposited with the Workers Provident Fund Group (EPFO). The employer additionally contributes to this fund, which over time builds up a large corpus.

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Steps And Rules For Withdrawing From A PF (Provident Fund)
Earlier than withdrawing provident funds, it’s essential to complete the KYC procedures.

Workers Provident Fund (EPF) is a lifetime funding that may be helpful all through essential phases of 1’s life. It’s made up of 12% of a employee’s base wage per thirty days, which is deposited with the Workers Provident Fund Group (EPFO). The employer additionally contributes to this fund, which over time builds up a large corpus.

Workers can withdraw their PF on-line fairly simply. This may be facilitated by the member e-SEW portal of EPFO. The staff can withdraw their full financial savings within the PF as soon as they retire.

Nonetheless, if staff meet particular necessities, they could withdraw some cash even earlier than retirement.

Learn right here for straightforward steps to withdraw cash out of your PF account.

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