EPFO PF Interest Rate: A few days ago, 8.25 per cent interest was approved for PF employees. This interest is to be given for the financial year 2024 and 2025, which has been approved. According to government sources, EPF has now started transferring interest money to the accounts of PF employees. This time in the meeting of the Central Board of Trustees, it was expected that the interest would increase, but it was fixed at the same level as before.
The entire interest amount is released to the EPF account. If you are also a PF employee, then you can check your account, which will give you complete balance information. You can easily check whether the interest money has come to your account or not. We are going to tell the method easily, where all the confusion will end.
What was the interest rate in the past years?
According to the report of the Union Finance Ministry, the interest has been fixed at 8.25 per cent for the financial year 2024-25. About 7 crore employees will get the benefit of this. At the same time, the interest rate in the financial year 2022-23 has been up to 8.15 per cent. In the year 2021-22, it was 8.10 per cent.
In the year 2020-2,1 EPF rate has been up to 8 per cent. In 2018-19, a benefit of. . per cent was received. The interest rate has been low during the coronavirus period. This time you can easily check how much interest has come in your account.
How to check the amount from the Umang app
For this, first of all, you have to install the Umang app.
After this, open the app and log in to it.
Then click on ‘EPFO Option’ and go to ‘Employee Centric Services’.
Then click on ‘view passbook’.
Then you will need to enter the UAN number.
After this, OTP will be visible on your mobile number.
After entering this, the PF account will be logged in.
You can also clear your passbook.