EPFO likely to credit 8.5% interest rate to accounts soon; here's how to check PF balance

The Employees’ Provident Fund Organisation (EPFO) is likely to deposit the Employees Provident Fund (EPF) interest to the eligible accounts by July 31. Nearly 6 crore account holders are expecting the interest to be credited to their accounts.

The EPFO had declared 8.5 percent for the financial year 2019-2020. This is the lowest interest rate in the past seven years. In 2018-2019, the interest was pegged at 8.65 percent while in 2017-2018 it was 8.55 percent.

For any employee who wants to check their Provident Fund balance online, one can SMS, login to the official website, give a missed call or, download and make use of the UMANG App. Before checking the balance, they need to keep the Universal Account Number (UAN) ready.