How do I download Provident Fund passbook?
The procedure to view and download the EPF Passbook is mentioned below: Initially, the employee must visit https://www.epfindia.gov.in/site_en/index.php. Next, the employee must click on the ‘e-Passbook’ option. On the new tab, the employee must enter his/her UAN, password, and captcha details.
How can I see my PF online?
The Employee Provident Fund Organization does not provide any hard copy of annual provident fund statement. Employees can download their EPF account statement online by using the new e-passbook facility available on the EPFO website. In order to view and download your e-passbook, you need to register with EPFO.
How can I download my EPF employer?
Log in to your i-Akaun. Click on “My Account”. Scroll to the bottom of the page, where you’ll find the option to download your summary statement or detailed statement.
How will I get my UAN number?
The easiest way to find UAN is to check payslips issued by the earlier employer. The payslip typically captures the UAN of the individual. Another option is to check with earlier employer’s HR department as they keep a record of UAN details. The individual needs to click on the “Know your UAN Status” tab.
How can I check my PF balance through SMS without UAN number?
EPF Balance Check By Sending SMS Employees using the method can check the PF balance without UAN number. Send an SMS to the number 7738299899.
Does the employer have to provide Provident Fund for employee?
Under this scheme, every employee is required to make a contribution towards the provident fund at the rate of 12\% of the Basic Wages, Dearness Allowance and cash value of food concession. Further, the employer also makes an equal amount of contribution as the employee towards the fund.
What are the benefits from Employee Provident Fund?
Benefits of EPF Account Tax-Free Savings. The EPF scheme provides specific interest rates on the deposits at certain rates which will already be decided by the organization. Long-Term Financial Security. Funds that are deposited in this kind of account cannot be easily withdrawn by the person, and therefore, it helps to ensure savings. Resignation/ Quitting the Job.
What is the objective of Employee Provident Fund?
Being a retirement-oriented scheme, the primary aim of Employee Provident Fund is to enable individuals to become financially prepared for their retired life. This being said, individuals should try to avoid premature withdrawal if it is not necessary.
What is employer Provident Fund and its importance?
Employer Provident Fund (EPF) is the most important type of provident fund to save money. This will act as security for employer. Interest will be calculated on our basic salary. An employer may contribute about 10\% to 12\% of his/ her monthly salary. The EPF’s account holder can nominate his family members as a nominee.