PF Balance check with or without UAN at unifiedportal-mem.epfindia.gov.in UAN Login EPF India Status EPF Interest Rates EPF Passbook

Provident Fund PF Balance with/ without UAN Number by UMANG App, SMS, Missed Call

How to check Provident Fund (PF) Balance with UAN number and without UAN number. How to Download UMANG application for PF Balance. Know your Provident Fund Balance/ PF Balance through SMS, Missed Call/ UMANG App.
PF amount is the amount that a employee saves during his work where certain sum of amount will be contributed by the employer and certain amount from the employees salary. The main reason why people feel happy is that the PROVIDENT FUND will be helpful for them to engage their lives after they leave the employment.

People often wanted to check their PF account balance. You can check your balance whenever possible and those who don’t have UAN also can check their provident fund with the information provided in this article.

The UAN and core banking services work similarly. If a person has a bank account in a specific bank, he can carry out his transactions from an ATM of another bank. Likewise, the UAN enables its user to carry out financial transactions from his PF accounts without having to worry.

Provident Fund PF Balance with UAN number

Know your Provident Fund PF Balance

Know your Provident Fund PF Balance with/ Without UAN Number

This article will help all those who have and also who doesn’t have UAN number. Here are the steps that will help you to get information.
How to check your PF Balance with UAN number :

Go to any search engine and type epf india gov.
Open the web portal of epfindia.gov.in and in that page you will find ‘Our services’, from Our services, click on ‘for employee’ option.
After for employees dialogue box opens, click on services in that page. Under the services option click member passbook.
Once you opened the member passbook page, you need to fill in certain information like your UAN number, password and finally enter the given captcha.
If you provide the correct information then a new web page opens, wherein you need to click view passbook option, then you will be able to have a look at your passbook which contains all the information regarding your account like balance, breakup details, employee share and employer share and many more.

How to check your PF balance without UAN number :
You might be thinking it may not be possible to check your PF account balance , but you can easily check your account balance by following the below steps easily.
You can check your balance by three modes which include
1) By SMS
2) By missed call
3) By UMANG application
The usage of all the three modes can be explicitly in brief as below
BY SMS :
For enjoying this service your UAN number needs to be registered with EPFO, you need to send an SMS to 7738299899, type EPFPHO UAN ENG in the message box and sent it to the number mentioned.

BY MISSED CALL:
For availing this option, you need to be registered under UAN portal and submit your KYC details. You can know your PF account details by giving a missed call to 011-229014016 and know your account information.

Know your Provident Fund PF Balance through UMANG App

By UMANG application :
This is one of the government initiative taken up under the process of digitization of India. UMANG is an application that has all the government undertaken schemes information. After opening the application click on EPFO and select Employee centric services option” and enter EPF universal account number.

Provident Fund PF Balance through UMANG App

Then you will get an OTP to your registered mobile number and then you will be able to login to your PF account using that OTP.

For more details visit EPFO official website at epfindia.gov.in

EPF Interest Rate 8.5% on PF Deposit for 2019-20 EPFO cuts Interest Rate

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EPF Interest Rate Lowered to 8.5% on PF Deposit for 2019-20. EPFO cuts Interest Rate from 8.65% to 8.55% fro 2017-18. PF Interest Rate cuts to 8.55% for 2017-18 from 8.65% for 2016-17.

EPF which is nothing but the lump sum amount given to an employee while he/she is leaving the organisation i.e. Employee provident fund and it is different from pension fund. This was governed by EPFO – Employees Provident Fund Organisation (EPFO). Read the article completely to know more about the EPF interest rate for the financial year 2019 -2020.

On 6th March,2020, EPF has reduced the interest rates for this fianancial year 2019-20. According to an official from labour ministry, Employees’ Provident Fund Organisation (EPFO) is likely to lower interest rate on provident fund deposits for this fiscal 8.5% per cent provided to its members during 2019-20. EPFO has reduced interest rate on deposits to 8.55% for the financial year 2017-18 from 8.65% for 2016-17.

EPF Interest Rate for FY 2019-20

Labour Minister Santhosh Kumar Gangwar said that the new interest rate will result in surplus of of over 700 crore rupees for the current financial year. The exact words of Santhosh Kumar Gangwar were “Last time, we had given interest rate that exceeded people’s expectations. But, keeping everything in mind, there is no shortage of money but we have decided to fix interest rate at 8.5% so we don’t face any issues in future. The finance ministry has been reportedly nudging the labour Ministry for lowering the EPF interest rate. The EPFO has investments of more than 18 lakh crore. Lowered rates on PF could be a direct result of the economic slowdown. The earnings on long term fixed deposits bonds and government securities are down 50-80 basis points in the last one year.

It is noteworthy that recently, EPFO approved an accounting policy for valuation and accounting of equity investments which was formulated in consultancy with IIM Bangalore.

EPF Interest Rate 8.55% on PF Deposit for 2017-18

As EPFO is planning to directly credit units of Exchange Trade Funds (ETF) into provident fund accounts which may result in lower yields on other investments more particularly bonds, interest rate cut is likely to happen.

However, the official added that EPFO is yet to work out the income projection for the current fiscal based on which interest rate cut will be decided.

The policy is to enable the EPF body to credit ETFs units into the provident fund accounts of the subscribers by the fiscal end, thereby to enable every account holder to see his/ her provident fund balance in the form of cash balance and ETF units.

Members of EPFO will only be able to realize the entire returns on the equity linked investments at the time of withdrawals even though the dividends on ETFs are credited into the subscribers’ accounts on timely basis.

At the same time, subscribers will also have an option to withdraw money while taking advances from their accounts, by liquidating ETF units or from cash component.

The finance ministry has been pushing the labour ministry to adjust the EPF rate at per with its small saving schemes like public provident fund. In the month of February 2018, the trustees of EPFO had decided to lower the rate of interest on EPF to 8.55 per cent for 2018-19 from 8.65 per cent provided for 2016-17. In case, the TDS rates are changes we will intimate you. Keep visit our website at epfbalance.net for latest information..

For more details visit EPF India official website at epfindia.com

PM-SYM Pension Scheme for unorganized workers, Pradhan Mantri Shram Yogi Maan-dhan Yojana

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Pradhan Mantri Shram Yogi Maan-dhan Yojana (PM-SYM) Pension Scheme for unorganized workers, PM-SYM Pension Scheme for workers..,

The reason why most of the people prefer to go for the government job is because of the pension benefit that government employees get after their retirement. The fixed periodical amount of money that the employees gives assurance to the people after they take leave from their work and job. The government has been taking good initiatives for the welfare of the common people and such in this area the government has came up with a new scheme wherein the workers of the unorganized sector also get monthly pension after their retirement which is after attaining the age of 60. The scheme is named as ‘Pradhan Mantri Shram Yogi Maan-dhan Yojana’.

This scheme is a gunshot for the unorganized sector workers and help them to lead their life and help them meet the basis requirements of life after their retirement. Let’s hope this scheme will lighten up the life’s of the people.

PM-SYM Scheme

There are certain eligibility criteria that one needs to have to get benefits under this scheme which include

Person should be working in unorganized sector only
Person should be in between the age of 18 and 40
Person who have earnings of ₹15000 or less than that.
Should possess original Aadhaar card
Bank account
Should be a tax payer also.

The above given are the things that are included in the required things that people need to have on mandatory basis.

However there is certain procedure one has to follow to get the benefit from the Pradhan manthri Shram Yogi Maan-dhan Yojana.

PM-SYM Pension Scheme Yojana for workers

The procedure steps are briefed as below bullet points:

One has to visit their near CSC center and you will be able to locate your nearest CSC center through the information page of the LIC of India, ministry of labour and other sources.

Make sure that you carry your Aadhaar card and also your savings bank account details along with IFSC and also the amount that you will contribute initially.

The Village Level Entrepreneur (VLE) present at the CSC center will key in all your details and make sure that the details matches with the UIDAI data.

The system will automatically generate the amount of contribution that the person needs to contribute monthly basing on the age of the person.
The candidate has to pay the amount to the VLE wherein the VLE gives a receipt for the amount he have received.

Enrollment form will be generated wherein the candidate is supposed to sign on the form and the VLE will scan the signed copy and upload it to the system.

In the next level when the registration is done a number called Shram Yogi Pension Account Number is generated and shram Yogi card will be generated and used as filed purpose.

Hope the article is informative and will definitely help you to get registered for the Pradhan Mantri Shram Yogi Maan-dhan Yojana. Follow us for more updates regarding the Pradhan Mantri Shram Yogi Maan-dhan Yojana scheme and get instant updates.