PF Balance Check: Employees Provident Fund Organization (EPFO) has started depositing 8.25 per cent interest in the accounts of its members for FY 2024-25. However, no official SMS or email alert has been sent by the organization yet. But many account holders across the country have seen the interest amount updating in their passbook. Let’s know 4 ways, through which you can check the balance in your PF account.
More than 8 crore employees will benefit
This interest rate was proposed by the Central Board of Trustees of EPFO in February 2025. The Finance Ministry also approved this, after which the interest credit started approved. This rate applies to about 8 crore active shareholders.
According to financial experts, this rate gives better and stable returns in a longer period than traditional investment options such as fixed deposits, making EPF a strong retirement tool for the salaried class of the country.
Timeline and calculation of interest accumulation
EPFO calculates interest every month, but it is credited in accounts after the financial year is over. This process is usually completed between June and August. The interest applies only to the employee’s contribution and the employer’s EPF stake. Pension funds do not get interest. Interest is an annual compound on the amount deposited.
Whether the interest has accumulated or not, check
EPF account holders can find out in 4 ways whether PF interest is deposited in their account.
1. EPFO website
- Go to EPFFIndia.gov.in.
- Click on the e-passbook on the right side.
- Login by adding UAN, password and captcha.
- Enter OTP on mobile.
- Check the latest entry in your passbook.
2. Umang App: Information can be obtained through ‘View Passbook’ by going to the EPFO section.
3. SMS: ‘EPFOHO from registered mobile number
4. Missed Call: Give a missed call from registered number to 011-22901406.
It is to be noted here that you can check the balance only through SMS or missed calls when your KYC is complete. Meaning that your Aadhaar, PAN and bank account details are linked to PF account. If all the things are not visible even after correct, then the account holders should wait for a few days. System updates may take time. If needed, online complaint can also be filed by visiting EPFO’s website.
Keep these things in mind
- Interest is available on monthly balance, but compounding is annually.
- Interest does not apply to the employer’s pension stake (8.33%).
- Interest is tax-free on the total contribution of the total contribution within ₹ 2.5 lakh.
- If a member withdraws in the middle of the year, interest is paid till that date.
Also read: Interest in PF account begins to deposit EPFO; How much money will come in your account, understand complete calculation