Retirement fund body EPFO has simplified the process of transferring PF accounts on job change by removing the requirement of approval from an employer in the majority of the cases, an official ...
EPFO approves automatic settlement of inoperative PF accounts with balances up to ₹1,000. Around 1.33 lakh accounts worth ₹5.68 crore to be credited directly.
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EPFO to transfer Rs 1,000 or less lying in over 7 lakh inoperative accounts directly to members
Briefing reporters, Union minister Mandaviya said account holders won’t be required to do any paperwork to claim their money.
Universal Account Number or UAN is a unique 12-digit number assigned to each member of the Employee Provident Fund Organisation (EPFO). It helps map all your different PF accounts opened with ...
Members can choose to maintain, transfer or withdraw their savings depending on their destination and employment terms ...
Retirement fund body Employees’ Provident Fund Organisation (EPFO) is set to introduce a new facility whereby subscribers will be allowed to withdraw part of their provident fund money in real time ...
As per the decision of the ministry, EPFO will chalk out the inoperative PF accounts with balances up to Rs 1,000 or less. After that, it will directly credit the amount to Aadhaar-linked bank ...
The compound interest is credited by EPFO on a monthly running balance basis at the statutory rate declared for each year. For 2024-25, EPFO declared an interest of 8.25%.
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