The Employees’ Provident Fund Organization governs the Employee Provident Fund (EPF). Any organization employing more than 20 individuals must mandatorily register for EPF as per the law. All the employees working for such organizations automatically get registered for the Provident Fund (PF).
However, since the fund accumulated has an equal contribution from the employer as well as the employee, it is the right of the employee to keep track of the fund accumulated in his/her account. With the advancement in the online procedures, you can now check PF balance online without any hassles.
How to Check PF Balance?
There are 5 prominent ways by which you can check PF balance; they are as follows:
- Through the EPFO portal
Just like the unified portal that is used to transfer funds from one PF account to another, you can now check your balance with the PF passbook available on various websites under the EPFO. You can log in to www.epfindia.gov.in and click on our services under which you need to select the ‘For Employees’ tab.
By clicking on ‘Member Passbook,’ a page will be open wherein you need to provide your UAN (Universal Account Number) and the password for the same. You can also directly visit https://passbook.epfindia.gov.in/MemberPassBook/Login.jsp.
- Through Application viz. Umang
You can download the Umang app on your mobile phone. You are given access to many government services via this application. You can view your EPF passbook, raise a claim, or even track your claim status using this application. However, you will need to register yourself in the application during the first user using the registered mobile number.
- Through SMS
You can receive the details of your PF contribution as well as check the PF fund balance by sending the SMS, ‘EPFOHO UAN ENG’ to 7738299899 where ENG is the first three alphabets of the language chosen.
The languages in which you can receive the details defined by EPFO are English, Punjabi, Bengali, Hindi, Gujarati, Marathi, Kannada, Malayalam, Telugu, and Tamil. The prerequisite to avail of this service is that you must be registered with EPFO and that you must have an activated UAN.
- Through the EPFO Application
The EPFO of India has provided an application viz. M-sewa. You need to log in after installation and click on balance/passbook under the member tab. Lastly, by entering your UAN number and the password for the same, you can view your PF account balance immediately.
- Through a missed call
You can give a missed call on 011-22901406 provided you are a registered UAN applicant. Also, you need to give the missed call from your registered mobile number, and your desired PF details will be sent to you if you meet the eligibility criteria like registering your mobile number with Aadhaar card, bank, and such.
Documents Required for Checking Provident Fund Balance
You can check your PF balance using the 5 methods mentioned above provided you submit the documents as below:
- KYC documents
- Activated UAN
- Aadhaar details
- Bank details
- Registered mobile number.
- PAN details
How can you double your Investments?
Although you have savings for your retirement years or your emergencies via PF, there might be chances that you require more savings. In India, FD (Fixed Deposit) is known to be one of the safest options to invest money. Bajaj Finance offers a range of financial products including FD with the highest interest rates in India (up to 9.10%). You can flexibly choose the tenor of your FD which ranges from 12-60 months, principal amount, as well as calculate the maturity amount and FD interest rates using the online FD calculator.
This scheme offers a high rate of interest to senior citizens under this scheme. It provides 0.35% more interest to senior citizens as compared to the other schemes under the same. All you have to do is to fill up a quick application form and submit a few necessary documents.
However, you must make sure to check your eligibility criteria from the website to avoid any kind of disappointments in the future and check with your financial planner for the same.