EPFO members, now it is the wait for credits of their respective provident funds towards interest for the financial year. The announced interest rate of this financial year 2024-25 stands at 8.25%. The disbursement was expected to be completed soon, although it generally suffers quite a lengthy time before being cleared.
When Will It Be Deposited The Interest On PF?
As a rule, the interest from EPF accounts gets credited sometime between July and August, that is, be it after the financial year’s close, with all approvals taken in the process. The timing is needed to actually administer the time because it would differ according to several different processes within administration as well as any pending approvals from the regulators.
Most of the years had been delayed because of the audit and administration processes involved, but EPFO has plans for a much faster disbursal in 2025.
How To know Your Status Of PF Interest Credit:
Once your interest is credited, you will find several ways to check your balance. Here is how you would do this:
1. By EPFO Portal
- Go to the official EPFO website at [www.epfindia.gov.in](https://www.epfindia.gov.in).
- Login via UAN (Universal Account Number) and password.
- Choose ‘Passbook’ to see the credited interests and balance.
2. With the UMANG application
- Download and install the UMANG app on your smartphone.
- Register your mobile number and link your UAN to it.
- Click on “EPFO” and click on “View Passbook” to see the balance.
3. By SMS or a Missed Call
- SMS ‘EPFOHO UAN’ to 7738299899.
- You can also missed call at 9966044425 from your registered mobile number to know the balance.
What To Do If No Interest Is Credited?
However, if the credit of interest is not reflecting after the anticipated date, then proceed in one or more of the following ways:
- Review KYC details (Aadhaar, PAN, and bank account) on the EPFO portal.
- Confirm with your employer regarding pending contributions.
- Approach the regional EPFO office for additional assistance.
Conclusion
This will keep EPFO interest as a very important financial update for all employees in service. Check your balance regularly and ensure your UAN is active and KYC compliant so that these developments can keep track of that. As this most expected date approaches, notifications will be coming again for EPFO. Follow the official updates to get yours without any delay or hassle.
Also Read: Old Pension Scheme Revival: Government Announces Major Decision, Check Update.