Provident Fund PF Claim Status Check with Missed Call SMS Online now

By | January 25, 2020

For all government employee there is a benefit of EPF (Employment Provident Fund) which is provided by provisions act 1952. It will give an assurance of 15000 with consent of Assistant Commissioner and employee. Under these scheme an employee get deducted 12% from his salary to EPFO (employee provident fund organization). 12% of employee will get 8.33% as pension scheme.

Checking PF status online:

Now a days by help of digital platform one can see status online and if employee wants to gets status they must have following details

Company details

Extension details

UAN

Regional office

CHECKING EPF DETAILS ONLINE/UAN portal:

Visit official portal and click on employers section

After that select services section and enter details and captcha

And one can see details of PF status

Check PF Claim status with missed call:

One can get details by giving missed call to number 01122901406 by number that is linked to UAN number

Know PF Claim Status with SMS:

By sending SMS to 7738299899 and must be in format EPFOHO UAN LAN and LAN stands for language.

Benefits:

No employee should not wait for retirement age one should claim that in time of working under some of circumstances such as

Loans on houses

Purchasing new house

Educational loan

Medical loans

Marriage of children

Main condition to take money is that he should be a member of PF for minimum of 3 years.

Conditions for availing benefits:

One should possess unique 12digit id and it is same for all ir employment time which is used for withdrawal of money

Case study 1:

In a private college a lecturer named Mr. Ravi Kumar has given a demo in savings of PF and they are as follows

Basic month salary = 40000/

Annual increase = 10%

Contribution to PF= 12%

Employers contribution = 3.67%

Interest rate = 8.65%

He gets then 4,59,33,328

Case study 2:

A job of a nurse started his career in Bhopal after her marriage then saving is given by this

Basic month salary=40000/

Annual increase =10%

Contribution to PF=12%

Employers contribution=3.67%

Interest rate=8.65%

He gets then = 1,62,42,056

PF is one of best funds:

It provides a secure life after retirement age. At starting he can cut minimum amount of salary and at retirement time he can get good amount of money credited in salary

Conclusion:

Main aim is in this both employee and organization should contribute money every month and it is credited to after retirement of employee with interest provided by bank. It is a good financial support and secure policy.

Category: Tax

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