To know how much money is deposited into your EPF Account, H&R Block has come up with a detailed guide on how PF balance check can be done using UAN Number and other online methods.
It is advisable to check your EPF balance regularly since it is your disciplinary retirement savings scheme which has been jointly build up by you and your employer. There are multiple ways you can check your PF balance. You can check it through uan number, missed call, SMS, mobile app, and other online methods. Downloading e-passbook is also possible.
Note: Try intermittently if you face any difficulties on the site.
After registering online, you can access and download your EPF passbooks and slips multiple times from either your EPFO mobile app or UAN portal. Your EPF passbook is like your bank passbook.
You can download the passbook by following these steps:
OR you can directly click on: https://passbook.epfindia.gov.in/MemberPassBook/Login.jsp
Your passbook comprises of the following details:
To download your passbook, you need to remember your activated UAN number and password.
SMS facility is available in 10 languages including English and Hindi. Other languages are Telugu, Punjabi, Gujarati, Malayalam, Marathi, Tamil, Kannada, and Bengali. This SMS contains all basic details like PF number, Name, Date of Birth, EPF balance, and Last Contribution
To check your EPF balance, you need to fulfil the below mentioned requirements:
The Unified Mobile App For New Governance (UMANG), which can be download from Google Play Store, allows employees to access their account details to make withdrawal requests with the app. For making requests, your Aadhaar number and UAN need to be linked, however to view your passbook, Aadhaar is not necessary.
A. If you have an inactive EPF account due to any reason., you can either transfer the balance to your new EPF account or withdraw the entire funds. If you choose to withdraw the funds from an account that is less than 5 years old, then the balance will get added to your income and your tax liability will increase.
A. The EPF scheme is one of the most popular long-term investments schemes in the country. Employees can easily save a portion of the monthly salary for their retirement or withdraw funds for life events, such as children’s education, marriage, purchase of property etc. The tax benefits u/s 80C are a plus point and the ease of saving one’s money, makes this important for anyone wishing to save money for their future.
A. If an EPF account has not seen any activity for 36 months, then it is labeled dormant. However, it continues to earn interest. A dormant account is treated the same as an inactive account. You can either transfer the funds to your new EPF account or withdraw it.
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