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PF Money: Step-by-step guide to withdraw EPF balance citing coronavirus

Business | March 30, 2020 14:51 IST

EPFO has made a change in its EPF rule to allow subscribers non-refundable withdrawal of PF money. EPFO subscribers will be allowed to withdraw 75 per cent of PF balance or three months' wages, whichever is lower. EPF account holders can claim for 'advance' withdrawal via EPFO's unified portal -- unifiedportal-mem.epfindia.gov.in. Here's a step-by-step guide to withdraw EPF money citing COVID-19 outbreak.

Provident Fund alert! You may lose 8.65% interest on EPF if you don't

Business | October 11, 2019 7:21 IST

Provident Fund subscribers alert: The Employees' Provident Fund Organisation (EPFO) announced a big bonanza for around 6 crore employees. Union Labour Minister Santosh Gangwar announced the decision which said EPFO would now provide an 8.65 per cent interest rate on employees provident fund (EPF) for 2018-19 before Diwali festival.

EPFO to credit Rs 54,000 cr EPF interest in 6 cr accounts.

EPF Interest Alert! How and where to check PF balance in 3 simple ways

Business | September 25, 2019 18:11 IST

Good news for over 6 crores EPF subscribers as the retirement fund body EPFO is all set to credit Rs 54,000 crore EPF interest for the year 2018-19 into their bank accounts. Here's How and where to check if EPF interest has been credited.

Provident Fund alert! EPFO launches e-nomination facility

EPFO: PF e-nomination facility for employees' launched. Get details

Business | September 19, 2019 19:57 IST

Provident Fund alert! There's good news for salaried who have EPF account as the Employees’ Provident Fund Organization (EPFO) has now started online e-nomination facility for subscribers on its website. To be noted, filing e-nomination will help users to easily file an online pension claim at the required time.

Big News for 6 crore employees! Centre to soon notify 8.65% interest rate on Employees' Provident Fund

Business | August 30, 2019 13:55 IST

The labour ministry will soon notify 8.65 per cent rate of interest on Employees' Provident Fund (EPF) for 2018-19, said Labour Minister Santosh Gangwar on Friday. He also added that the finance ministry does not disagree on this rate.

FinMin ratifies 8.5% interest on PF deposits for 2012-13

India | May 15, 2013 17:00 IST

New Delhi, May 15: The Finance Ministry has approved payment of 8.5 per cent rate interest for 2012-13, up from 8.25 per cent in the previous fiscal, benefiting over 5 crore EPFO subscribers.“Finance Ministry has