Interest money

Good news! EPFO starts sending interest on PF accounts, check your passbook balance now

The method of checking whether or not your interest is being credited to your PF account is by using a passbook where details of your provident fund balance are displayed. The booklet can be used online on the EPFO ​​website.

Department of Finance Responds to Inquiries About Uncredited Interest on Employees’ FP Accounts

The process of charging interest to the accounts of the employee provident fund (EPF) was initiated by the statutory body Organization of the employee provident fund (EPFO). Beneficiaries have been informed by EPFO ​​that interest is fully credited and there will be no loss to anyone.

With a booklet that contains information about your provident fund balance, you can determine whether or not your interest has been credited to your PF account. The EPFO ​​website offers online access to the booklet.

On October 31 last month, the EPFO ​​said the interest credit process was still ongoing but would soon be reflected in your account. Interest must be paid in full when credited. There will be no loss of interest.

After the Ministry of Finance responded to inquiries about uncredited interest on employees’ PF accounts in October, EPFO ​​provided its clarification.

According to the Ministry of Finance, no subscriber will suffer loss of interest on October 5. All accounts of EPF members are credited with interest. However, due to a software update made by the EPFO ​​to take account of the change in tax incidence, it is not visible in the declarations.

Additionally, the Ministry of Finance said payments are being made, including interest, for all deceased subscribers requesting a settlement and for subscribers requesting a withdrawal.

The BCT announced an interest rate for EPF accounts in March this year of 8.10%, the lowest since 1977-1978. The rate of 8.1% is still higher than inflation. For the 2021-2022 fiscal year, this rate will be applied to accruals of FPE in member accounts.

Here’s how to check the EPFO ​​balance in the passbook:

If the employee has an activated and registered UAN, it is easier to verify your passbook. The Universal Account Number (UAN) is a 12-digit number.

Via online mode

  • A member should go to, the official website of EPFO, to check their booklet.

  • Next, members select the “Services” area from the top navigation bar of the dashboard. Select “For employees” from the list of options in this section.

  • Employees will see a new page open. Select the “Member Passbook” option found in the “Services” section.

  • After choosing “Member Passbook”, the user will be redirected to a login screen.

  • Mention your UAN information, your password and your answer to the captcha code. Then select “Connection”.

  • You will be redirected to the main ETH account, where information on employer and employee contributions as well as interest earned is highlighted. By selecting “Download booklet” you can also print your booklet.

By text message

You can also check your balance by SMS. Send an SMS from the registered mobile phone to 7738299899. The SMS will be sent in the following format: “EPFOHO UAN ENG.” The language in which you choose to receive your balance information is often indicated by the last three characters, “ENG”. As a result, you can type in any language of your choice including English, Hindi, Marathi, Telugu, Punjabi, and Bengali.

Also, a missed call to 011-22901406 or 9966044425 can be used to get the balance.

The information provided in the SMS and call function will, however, refer to the total amount of the balance rather than the specific financial year.

First published on: 05 November 2022, 12:37 IST