When will EPF members receive interest for FY 2023-24 in their accounts? Here's EPFO's response

Lately, a fig of subscribers person been enquiring connected ‘X’ level astir the timeline of crediting of involvement for FY 2022-23.

In effect to astir of these queries, EPFO has fixed a modular reply that reads: “Dear member, The process is successful pipeline and whitethorn beryllium shown determination precise shortly. Whenever the involvement volition beryllium credited, it volition beryllium accumulated and paid successful full. There would beryllium nary nonaccomplishment of interest."

The Employees' Provident Fund Organisation (EPFO) has announced the involvement complaint for the fiscal twelvemonth 2023-24, mounting it astatine 8.25%, up from the erstwhile year's complaint of 8.15%. This determination impacts millions of EPF members crossed the country.

What is the EPF involvement recognition presumption for FY 2022-23?

As of March 2024, the involvement for the fiscal twelvemonth 2022-23 has been credited to 28.17 crore EPF subordinate accounts. As per a caller societal media update by the EPFO, “Dear member, the involvement for Financial Year 2022-23 has been provided to 28.17 crore members accounts of EPFO arsenic connected date. Member whitethorn delight cheque their EPF passbook."

How to cheque if EPF involvement is credited?

1. Umang App

• Download the Umang App and login to entree your EPF passbook connected your mobile phone.

2. EPF Website

• Visit the EPF India website and spell to the "For Employees" section.
• Under the "Services" section, click connected "Member Passbook".
• Enter your UAN, password, and captcha to motion in.
• Your passbook volition beryllium disposable wrong 6 hours of registration connected the unified subordinate portal.

3. SMS Service

• Send the connection "EPFOHO UAN" to 7738299899 to avail the work connected SMS. You tin cheque the relationship presumption successful immoderate of the 9 determination languages.

4. Missed Call Service

• Access passbook details by giving a missed telephone from your registered mobile fig to 9966044425.

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Published: 29 Apr 2024, 12:24 PM IST