How to check EPF balance after EPFO credited full 8.5% interest rate in subscribers accounts on epfindia.gov.in today
In what will go down as a great New Year gift and as a big positive ending to the year blighted by corona pandemic for over 6 crore subscribers of Employees Provident Fund Organisation (EPFO), it has been revealed that it has credited 8.5 percent rate of interest for 2019-20 in Employees Provident Fund (EPF) account today.
How to check EPF account balance on epfindia.gov.in: In what will go down as a great New Year gift and as a big positive ending to the year blighted by corona pandemic for over 6 crore subscribers of Employees' Provident Fund Organisation (EPFO), it has been revealed that it has credited 8.5 percent rate of interest for 2019-20 in Employees' Provident Fund (EPF) account today. EPF subscribers had been waiting for quite some time for the final nod from the finance ministry.
Earlier, retirement fund body EPFO was widely expected to credit full 8.5% interest for 2019-2020 in EPF accounts in one go today, December 31. EPFO is learnt to have got clearance from the Finance Ministry for interest rate recommendation of 8.5% for FY20. Subscribers can check EPF account balance over the next few days.
In September, the EPFO, citing tough times due to the coronavirus crisis, had decided to split the 8.5% interest rate for EPF account holders into two instalments of 8.15% and 0.35%. This was announced after a meeting between EPFO trustees and Labour Minister Santosh Gangwar.
See Zee Business Live TV Streaming Below:
www.epfindia.gov.in, 3) sending an SMS to 7738299899 and 4) giving a missed call on 011-22901406 from your registered mobile number.Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.