EPFO Hikes Interest Rate For Fiscal Year 2023-24; Now Subscribers Get THIS Much Return
This decision is anticipated to bring significant benefits to the millions of employees covered under the EPFO scheme.
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This decision is anticipated to bring significant benefits to the millions of employees covered under the EPFO scheme.
Provident Fund: The EPFO currently is offering an interest of 8.15 per cent. If any employees want to check their EPF balance, they can do it through SMS, missed call or UMANG app. -- aaa
EPFO Interest Rate Latest Update: Even as the agenda of the meeting is unclear, it is expected that the CBT will discuss interest rate, higher pension, and annual financial estimates for the EPFO. -- aaa
EPFO has now come up 'Illness advance' plan where members can withdraw part of their provident fund in case of medical emergency.
Previously, EPS was available to all employees who joined the Employees Provident Fund Scheme of 1952 as of November 16, 1995.