For salaried employees with Provident Fund (PF) deductions, it’s important to know how much interest your PF account earns each year. PF is a long-term savings instrument that grows gradually, but many contributors are unaware of their annual interest accrual.
How to Check Your PF Interest Easily from Home
1. Visit the EPFO Portal:
o Go to the EPFO member portal at https://www.epfindia.gov.in.
2. Log in to Your Account:
o Use your Universal Account Number (UAN) and password to log in.
3. Go to Passbook Section:
o Click on the ‘View Passbook’ option under the Services tab.
o Your employee and employer contributions, along with interest credited for each year, will be displayed.
4. Check Annual Interest:
o EPFO credits interest once a year, usually at the end of March.
o The passbook shows year-wise interest earned, helping you track your PF growth.
Benefits of Checking Your PF Interest
· Know your savings growth: See how much your fund is growing annually.
· Plan financial goals: Helps in retirement or emergency planning.
· Verify correctness: Ensure your employer is contributing correctly.
Conclusion
Checking your PF interest is quick, easy, and informative. With just a few clicks at home, you can track your fund growth and annual interest, ensuring your hard-earned savings are on track.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.
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