A tool for saving is the Employees’ Provident Fund (EPF). Equal amounts are contributed by the company and the employee to savings that can be accessed at retirement or after changing jobs. For the time frame of October 1 through December 31st, 2021–2022, the interest rate that applies to EPF contributions is 8.1%.
Members can use the EPFO app/Umang app, the EPFO Portal, the EPFO app, SMS, and missed call features to check their EPF balance.
What is EPF
Employees’ provident funds are a type of government-run retirement savings plan for employees. Employees make a monthly contribution to a retirement fund in the amount of their wages. The objective is to receive a lump payment with interest after retirement. In India, the Employees’ Provident Fund Organisation, or EPFO, oversees and regulates the management of these funds.
Each month, 12% of an employee’s basic salary must be contributed; this money is put into the employee’s bank account at the end of the month. The employer often makes a matching contribution. Contributions to pension funds are 8.33%, while contributions to provident funds are 3.7%.
The initial deposit into your retirement account is made by your employer. You can use it online with a Universal Account Number, or UAN. You can move your account and check your account balance during a job change. The main purposes of the EPFO-issued UAN in PF Account are to track PF balances and PF claims.
Every EPFO member will have access to a digital EPF member passbook. This passbook contains the monthly contributions made by both parties and the amount of the employee’s PF account. Now, you can check the balance of your EPF account both online and offline.
Check PF balance without UAN
Using its online portal, the EPFO enables registered members to view their EPF balance. But what if you’ve lost your UAN or never had one in the first place?
Be at ease. To strengthen provident fund investments’ transparency for EPFO members, the EPFO has taken a variety of actions. By making system modifications, EPFO has allowed customers to check their PF or EPF balances without having to enter their UAN number.
But, it’s vital to remember that in order to do so, you must be registered with the UAN portal and have your KYC documents connected to your EPF account.
PF balance check through EPFO portal
Activating your Universal Account Number will allow you to check your EPF balance (UAN). Workers who participate in the EPF program are given a UAN. A person should only have one UAN while employed. UAN is significant because the EPF procedure is now entirely online. With UAN, accessing PF account services like withdrawals, EPF balance checks, and loan applications is simple.
The steps listed below should help you check your PF balance on the EPFO portal without a UAN:
Step 1: Visit the EPFO website at epfindia.gov.in.
Step 2: Choose the option that says “Click Here to Discover Your EPF Balance.”
Step 3: You will be redirected to epfoservices.in/epfo/. Locate and select the tab labelled “Member Balance Details.”
Step 4: Choose your state of residence and EPF office.
Step 5: The required data, including the establishment code, PF account number, name, and registered phone number, must be entered.
Step 6: The acknowledgment is accepted by clicking “I agree.”
Step 7: At this point, press the “Submit” button. You will see your PF balance on the screen.
PF balance check by an SMS
Once your KYC information has been merged with the UAN, proceed as follows:
- Send an SMS to 7738299899.
- Type the text in this format : “EPFOHO UAN ENG”
Your preferred language for communication must be set in the SMS. Simply type in the first three letters of your chosen language to do so. Use the first three letters of the word English, i.e. EPFOHO UAN ENG, if you want to receive updates in English.
Enter EPFOHO UAN HIN if you want to receive message updates in Hindi. English, Hindi, Punjabi, Gujarati, Marathi, Kannada, Telugu, Tamil, Malayalam, and Bengali are all supported languages for this service.
PF balance check through a missed call
By placing a missed call from your registered mobile number to the authorised phone, you can find out your EPF balance. This service is only accessible if your UAN and KYC information have been integrated. If you are unable to accomplish this, you can ask your employer for assistance.
Follow the instructions below once your KYC information has been merged with the UAN:
- Make a missed call from your registered mobile phone to 9966044425.
- You will receive an SMS containing your PF information after placing a missed call.
PF balance check by UMANG app
Employees can check the EPF balance on their phone using the Unified Mobile Application for New-age Governance (UMANG) app. You can submit and keep track of claims in addition to looking up EPF balances. Members must enter their UAN-registered mobile number in order to access the app.
Here’s how to use the UMANG app to view your EPF transactions:
- Download the UMANG app from the iTunes Store or Google Play.
- Click “EPFO” in the “All Services” section.
- Select “See Passbook” from the Employee Centric Service menu.
Check PF balance without registered mobile number
You don’t always need to verify your registered mobile number to see your PF balance. To login and check the PF status, all you need is your UAN and password. See the straightforward procedure below:
Step 1: Log in with your UAN and password at the PF Passbook Portal page.
Step 2: Next, choose the pension fund account for which you wish to view your PF balance and click on View PF Passbook Old.
Step 3: At this point, you may view your PF account’s total employee and employer balances. You can also check the pension balance in the final column of the passbook.
Step 4: Choose the option to examine the passbook if you wish to check the annual PF contributions.
How to find UAN number
Here are the steps that can help you locate your UAN:
Step 1: Visit the EPFO Unified Member Portal at unifiedportal-mem.epfindia.gov.in
Step 2: Go to the ‘Important Links’ area and select the ‘Know Your UAN’ link.
Step 3: A fresh page will load. Enter the captcha and your mobile number.
Step 4: Choose “Request OTP.” An OTP will be sent to your phone number.
Step 5: Key in the OTP. Fill out the captcha. After that, press the “Validate OTP” button.
Step 6: A new page will load. Enter the name, DOB, PAN, Member ID, Aadhaar number, and captcha at this time.
Step 7: Choose “Display my UAN” from the menu. On the screen, your UAN number will be shown.
Your UAN will now be visible on the screen; write it down and create a new password for the UAN website, which you can also use to download your PF passbook.
Conclusion
For workers employed by businesses with a PF plan, EPF is a requirement. Every employee of the business must keep up a PF account. You need it as a crucial asset if you want to secure your financial future in retirement. For online access and withdrawals from your PF account, you must have a UAN, or unique account number.
Several tax advantages and additional benefits, such as cost-free insurance coverage, are made possible by having a PF account. Maximizing these advantages requires maintaining a current UAN. This particular number is also necessary for online PF withdrawals.
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