The Employees Provident Fund or EPF is one of the best tools to develop a financial fund for the future. In this scheme, a part of the basic salary of the employee is deducted and put into EPF account. According to government guidelines, the person will get interest on that amount. After retirement, the entire amount along with interest is provided to the employee.
Some amount is transferred to the EPS (Employees’ Pension Scheme), which provides insurance cover.
Employee Provident Fund (EPF) acts as a savings tool for employees. Employees and employers contribute the same amount to savings that can be obtained upon retirement or after switching jobs.
Investing in the Employees Provident Fund (EPF), also known as PF, helps you save for retirement and make the most of your year of employment, as it includes contributions made by you and your employer.
To plan for retirement efficiently, it is necessary to know the balance of your PF account. This will give you an indication of how your savings match your goals, and you can gauge whether you need to make other investments.
The PF Balance Check is one of the most commonly raised questions by Karna Hai account holders. The EPF account is credited every month to the employer as well as the employee’s contribution. The passbook shows the total amount in your EPF account along with the details of monthly contributions made by both parties. Some amount is also deposited in the Employee Pension Scheme or EPS, which will be shown separately in the EPS column.
As an informed investor, it is important to know how much balance you have in an EPF account as it is an important fund that can be held for important financial goals. With the various withdrawal options available, you can reinvest your EPF amount in future to get your financial plan.
This article will answer all the questions related to checking your EPF balance.
How to check PF Balance
Earlier, employees had to wait for their employer to submit their EPF details at the end of every year. But, now employees can easily see their EPF balance both offline and online.
For the members of the Employees Provident Fund Organization (EPFO), checking the balance of the Employees Provident Fund (EPF) has become very easy. Below are five different ways to check if EPF Balance Check is Karna Hai:
You can check the balance anytime from your home or even office using one of these five options –
Using EPFO Portal
Send an SMS
Using the EPFO app
Using the Umang app
1) Using EPFO Portal
Using EPFO Portal
Important note: To check EPF balance, make sure that the employer has activated your Universal Account Number (UAN).
The Universal Account Number or UAN is unique for all employees enrolled under the EPF scheme. A UAN number is allotted by the Employees Provident Fund Organization (EPFO). All employees must have only one UAN during their working life, no matter how many companies they change.
Once your UAN number is activated, follow these steps:
Step 1: Log on to the EPFO portal. Go to the Our Services tab and select the option for employees from the drop-down menu.
Step 2: Now, under the Services option, click on the Member passbook option.
Step 3: A login page will appear. After activating, enter your UAN number and password here.
After logine, you can access your EPF account.
2) Sending an SMS
PF Balance Check Karna Hai by sending SMS
Important note: It is necessary to integrate your UAN number with your KYC details, ie Aadhaar or PAN or bank account details. Only then can you get your EPF balance via SMS.
After the UAN number is integrated with your KYC details, follow these steps:
Step 1: Send an SMS to mobile number 7738299899.
Step 2: You have to send the message by typing EPFOHO UAN ENG.
You must set your preferred language of communication. You can do this using the first three letters of your preferred language. If you want to get updates in English, use the first three letters of English, such as EPFOHO UAN ENG – where ENG is for English.
If you want to receive message updates in Hindi, type EPFOHO UAN HIN – where HIN means Hindi.
The facility is available in English, Hindi, Punjabi, Gujarati, Marathi, Kannada, Telugu, Tamil, Malayalam and Bengali.
3) By Giving a Missed Call
PF Check Karna Hai by giving missed call
Important note: You can inquire about your EPF balance by giving a missed call from your registered mobile number to the authorized phone. This service is available only after integrating your UAN with your KYC details. If you are unable to do this, you can enlist the help of your employer.
Once the UAN is integrated with your KYC details, follow the steps below:
Step 1: Make a missed call from your registered mobile number on 011-22901406.
Step 2: After placing a missed call, you will receive an SMS with your PF details.
4) By Using the EPFO App
Using EPFO App – PF Check Karna Hai
Important note: For your EPF Ka Balance Check Karna Hai, make sure that the employer has activated your UAN number.
You can also check your EPF balance by downloading EPFO’s m-sewa app from Google Play Store.
Step 1: Once the app is downloaded, click on Member and then go to Balance / Passbook.
Step 2: Later, enter your UAN and registered mobile number.
The system will verify your mobile number against your UAN. After checking all the details, you can see your updated EPF balance details. In case of a mismatch, it will display an error.
5) Using the Umang App PF Balance Check Karna Hai
PF Check Karna Hai using Umang application
Recently, the Ministry of Electronics and IT has launched an app called Umang. Umang provides information on various government services such as Aadhaar, gas booking, crop insurance, NPS and EPF in one app.
Download the application from Android Play Store.
Open the application on your mobile and tap on EPFO.
Next, tap on the Employee Centric Services option.
To check the balance on an EPF account, tap View Passbook.
To do this, you must login with your UAN. In the box that appears, enter ‘UAN’ and choose ‘Get OTP’. An OTP will be sent to the registered mobile number.
Enter OTP and tap on Login.
Select your company member ID.
You will see EPF passbook and account balance.
How to check PF balance for EPF Balanced Establishments / Private Trusts
Since EPF contributions, in the case of a concessional establishment or private trust, employee provident funds go to company managed trusts instead of organization, only company managed trusts can reveal an employee’s PF account balance. There is no general way to check PF balance when it comes with exempted establishments in EPF account. EPFO does not provide passbook facility for members of concessional establishments.
According to the Employees Provident Fund and Miscellaneous Provisions Act, 1952, some employers can manage their PF schemes for their employees. Exempted establishments are large companies like Godrej, HDFC, Nestle, Wipro, TCS, Infosys, etc. which have their own EPF trust and are exempted from contributing to the EPF fund. These exempted establishments can manage the EPF corpus with their own trusts. However, these trusts are expected to provide higher returns than EPFO managed funds. The same rules for EPF contributions to EPFO also apply to these trusts.
Employees of such exempted establishments can check their EPF balance in the following 4 ways:
1) Check your PF slip or peplip:
Most large establishments provide salary slips to their employees through internal email. Employees can check their payments for EPF account balance. Some companies offer EPF slip in addition to salary slip. Employees can find their monthly contribution as well as their EPF account balance in that slip.
2) Check the balance on the employee portal of the company:
Most major companies maintain a company’s website, on which employees can log in and check their EPF account balance in the EPF section. Wipro and TCS are an example of companies that provide online facility to check the balance of one’s EPF account and get PF details.
3) PF Balance Check Kare with HR department of the company:
Employees contact the HR department of the company as it relates to the PF of the employees and is better able to provide related details.
4) Track your contribution:
Employees can keep track of their monthly contribution by checking their salary slip and thus calculate the annual EPF balance. Use the interest rate determined by EPFO for EPF interest calculation. Keep in mind, a certain amount (up to Rs 1,250 per month) goes to the EPS account.
Frequently Asked Questions on EPF Balance
Is it possible for individuals to check the EPF balance of their previous organization?
Yes, it is possible for individuals to check the EPF balance of their previous organization. Once individuals log in to the EPFO portal using their Universal Account Number (UAN), they will be able to check the balance by clicking on the respective Member ID. All previous Member IDs associated with the UAN will appear on the portal.
Is it possible to use PAN number to check EPF balance?
PAN is not required to check EPF balance. However, to avail various online services, it is important that UAN and EPF are connected.