New Delhi: If you too people working in government and non-government organized sectors can get good news soon. The government is going to transfer the interest for the financial year 2022 very soon in the PF accounts of more than 6 crore employees of the country. PF deducting organization can transfer interest money in the account of EPFO employees till June 30. The Central Government is giving PF 8.1 percent interest. However, EPFO has not said anything about the transfer of an interest in the accounts.
EPFO has fixed the interest rate at 8.1% for the financial year 2021-2022. This is the lowest interest rate in the last 10 years. EPFO subscribers were expecting that the government would announce more interest this time, but it did not happen. This decision of the government has shocked about 6 crore subscribers of EPFO. In the last financial year, 8.5% interest was getting on PF.
continuously declining interest
EPFO had given 8.5% interest in the financial year 2019-2020. Interest was also received at the rate of 8.5% in 2020-2021, while 8.65% in the financial year 2018-19, 8.55% in 2017-18, 8.65% in 2016-17, and 8.8% in the financial year 2015-16. was.
Check balance online
You do not need to go anywhere to know the balance of your PF account. You can check your balance by visiting the official website of EPFO, epfindia.gov.in. After visiting this site, click on e-passbook. After clicking on it, you will have to fill in your UAN number, password, and captcha. By doing this, you will start seeing the information related to the PF account. Here you will see the member ID. If you select it, then you will start seeing your PF balance on the E-Passbook.
