EPFO News – If private employees’ PF is deducted, then good news is on the way. The Central Government may open the treasury for PF employees in the upcoming budget. There is talk that the government may announce a 9.25% interest rate for the financial years 2025 and 2026. If this happens, this year will prove to be a boon for PF employees.

This time, the interest amount is expected to increase by up to 1%. The Central Government may present the budget on February 1, 2025. This is sure to be a great opportunity for employees. How much money can be transferred to employees’ accounts at the rate of 9.25%? You can understand the calculation in the news below.

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How much money will PF employees receive?

The Central Government may shower PF employees with money. A 9.25% interest rate may be approved for the financial years 2025 and 2026. The Central Government may make this announcement during the presentation of the General Budget. A substantial amount is expected to be deposited into the PF accounts of employees.

If you have ₹8 lakh in your PF account, you can receive up to ₹74,000 at 9.25% interest. A balance of ₹5 lakh in your account will earn you only ₹46,000 in interest. Approximately 8 crore employees are expected to benefit from this. You can easily check the amount deposited into your EPF account. You won’t have to worry about checking your balance.

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How to withdraw money using the Umang app

First, download the Umang app from the Google Play Store.

After that, go to the EPFO ​​section and select View Passbook.

Then, log in by entering your UAN and mobile number.

Check online through the EPFO ​​portal

To do this, first visit the EPFO ​​website.

After that, click on “For Members” under “Our Services.”

After this, you will need to click on Member Passbook and log in with your UAN and password.

You can then view your balance and other information in your passbook.