Check EPF Balance Online: Via Umang App, SMS, Missed Call

Check EPF Balance Online: Via Umang App, SMS, Missed Call

Jun 18, 2024

15 Mins

Introduction

EPF (Employees' Provident Fund) is a retirement benefit scheme that is available to all salaried employees in India. It is a mandatory contribution made by both the employee and the employer towards their retirement fund. The contributions are made on a monthly basis and can be withdrawn by the employee after a certain period of time.

EPF Balance

EPF balance refers to the total amount of money in an employee's EPF account. It includes both the employee's and the employer's contributions along with the interest earned on the contributions. The EPF balance can be checked online through the EPF portal, via SMS, missed call, or by using the Umang app.

How to Check EPF Balance

There are multiple ways to check the EPF balance:

1. Online through the EPFO portal: Employees can check their EPF balance by visiting the official EPFO website and logging in with their UAN (Universal Account Number) and password.

2. Via SMS: Employees can send an SMS from their registered mobile number to the EPFO to receive their EPF balance. The SMS format is EPFOHO UAN to 7738299899.

3. Missed call: Employees can give a missed call to the EPF balance check number 9966044425 from their registered mobile number to receive their EPF balance via SMS.

4. Umang app: Employees can download and install the Umang app on their smartphone, log in using their UAN and OTP, and check their EPF balance.

Transfer EPF Balance into New Account

When an employee changes jobs, they have the option to transfer their EPF balance from their old account to their new account. This can be done online through the EPFO member portal by logging in with the UAN and password.

How to Withdraw EPF Balance

Employees can withdraw their EPF balance under certain circumstances such as retirement, resignation, or unemployment. The withdrawal process can be initiated online through the EPFO member portal by filling in the required forms and submitting the necessary documents.

Interest on EPF Balance

The EPF balance earns interest at a rate determined by the EPFO Central Board of Trustees. The interest is compounded annually and added to the EPF balance. The current interest rate for EPF is 8.25%.

How to Check EPF Balance of Inoperative Accounts

EPF accounts that have not received any contributions for a period of 3 years are considered inoperative. Employees can check the balance of such accounts by following the same methods mentioned above.

Conclusion

EPF balance is an important aspect of an employee's financial planning. Regularly checking and managing the EPF balance can help employees track their retirement savings and plan for their future. Employees should make use of the various methods available to check their EPF balance and keep the necessary documents and forms ready for withdrawal or transfer if needed. It is advisable to consult a financial advisor or the EPFO for more information on EPF balance and related procedures.

Introduction

EPF (Employees' Provident Fund) is a retirement benefit scheme that is available to all salaried employees in India. It is a mandatory contribution made by both the employee and the employer towards their retirement fund. The contributions are made on a monthly basis and can be withdrawn by the employee after a certain period of time.

EPF Balance

EPF balance refers to the total amount of money in an employee's EPF account. It includes both the employee's and the employer's contributions along with the interest earned on the contributions. The EPF balance can be checked online through the EPF portal, via SMS, missed call, or by using the Umang app.

How to Check EPF Balance

There are multiple ways to check the EPF balance:

1. Online through the EPFO portal: Employees can check their EPF balance by visiting the official EPFO website and logging in with their UAN (Universal Account Number) and password.

2. Via SMS: Employees can send an SMS from their registered mobile number to the EPFO to receive their EPF balance. The SMS format is EPFOHO UAN to 7738299899.

3. Missed call: Employees can give a missed call to the EPF balance check number 9966044425 from their registered mobile number to receive their EPF balance via SMS.

4. Umang app: Employees can download and install the Umang app on their smartphone, log in using their UAN and OTP, and check their EPF balance.

Transfer EPF Balance into New Account

When an employee changes jobs, they have the option to transfer their EPF balance from their old account to their new account. This can be done online through the EPFO member portal by logging in with the UAN and password.

How to Withdraw EPF Balance

Employees can withdraw their EPF balance under certain circumstances such as retirement, resignation, or unemployment. The withdrawal process can be initiated online through the EPFO member portal by filling in the required forms and submitting the necessary documents.

Interest on EPF Balance

The EPF balance earns interest at a rate determined by the EPFO Central Board of Trustees. The interest is compounded annually and added to the EPF balance. The current interest rate for EPF is 8.25%.

How to Check EPF Balance of Inoperative Accounts

EPF accounts that have not received any contributions for a period of 3 years are considered inoperative. Employees can check the balance of such accounts by following the same methods mentioned above.

Conclusion

EPF balance is an important aspect of an employee's financial planning. Regularly checking and managing the EPF balance can help employees track their retirement savings and plan for their future. Employees should make use of the various methods available to check their EPF balance and keep the necessary documents and forms ready for withdrawal or transfer if needed. It is advisable to consult a financial advisor or the EPFO for more information on EPF balance and related procedures.

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