Diwali Bonanza! EPFO In Process Of Crediting 8.15% Interest To Employees' Bank Account For FY2022-23

The Employees’ Provident Fund Organisation (EPFO) has started the process of depositing interest money at the rate of 8.15 per cent to PF accounts, the retirement fund body has said.

“The process is in the pipeline and may be shown there very shortly. Whenever the interest will be credited, it will be accumulated and paid in full. There would be no loss of interest. Please maintain patience,” the EPFO has said on X (formerly Twitter).

The EPFO said this in a reply to an X user’s post asking “FY2022-23 interest still not credited. When expect the interest will be credited into account”.

The government had approved an interest rate of 8.15 per cent for the Employees’ Provident Fund (EPF) scheme for 2022-23. For the financial year 2023-24 also, the government in July this year approved to credit 8.15 per cent interest to the EPF accounts.

EPFO Balance Online: Here’s How To Check

Step 1: Go to EPFO’s official portal at epfindia.gov.in.

Step 2: On the homepage, look for and click on ‘Services’, then click on ‘For Employers’ link.

Step 3: On the new page, look for the ‘Services’ section, and click on the ‘Member Passbook’ link after which a login page will appear on the screen.

Step 4: Login to the account by entering your Universal Account Number (UAN), password and captcha code. Click on submit.

Step 5: Check account details and interest that has been credited.

EPF Balance On UMANG App: Here’s How To Check

Step 1: Go to Umang portal – https://web.umang.gov.in/landing/

Step 2: Search for Employees’ Provident Fund Organisation (EPFO) and click on view passbook.

Step 3: To proceed further, enter the Universal Account Number (UAN) of the EPF account.

Step 4: Click on receive OTP and key in the OTP on the registered mobile number.

Step 5: Then select the member ID and download the e-passbook.

Step 6: The e-passbook details and EPF balance will be displayed on the screen.

To check the EPFO balance through SMS, consumers must type ‘EPFOHO UAN ENG’ and send the message to 7738299899 from their registered mobile number.