EPF balance is the amount that is there in your EPF Account. EPF balance consists of amount deducted every month from your salary plus the amount that is contributed to your EPF account by your employer. Knowing your EPF balance can be a good indicator of your retirement savings. Employee’s Provident Fund, in the year 2013, launched an online enquiry platform for fund balance. The idea behind the move was to give employees quick access to information related to their PF account balance. EPF is an important part of the remuneration structure of any salaried employee. Checking on EPF can give you valuable insights into the status of your PF account especially for instances when you wish to partially withdraw your PF amount or in case you wish to avail a loan against your EPF.
Before this services was made available to the users, finding out EPF balance was not an easy task and required forms to be filled and offices to be visited for knowing this simple information. With the launch of the online EPF balance check facility, individuals can now know their PF balance in the matter of few minutes.
How to check EPF balance online
Here are a few steps that list down clearly the process to check your EPF balance online.
Step 1: The first step towards checking your EPF balance is to keep your EPF account number handy. This is the most important information with respect to any communication regarding your EPF account.
Step 2: Open the link, http://www.epfindia.com/site_en/KYEPFB.php and click on the “Know your balance” text at the bottom of the webpage.
Step 3: Select the state of the PF office in which your EPF account is maintained
Step 4: As soon as your select your EPF state, a list of city offices pertaining to that state will be listed down. Choose your city specific EPF office from the list. For example, if your PF state office is AndhraPradesh and the local office is in Hyderabad, then select Hyderabad as the city
Step 5: Now fill in your EPF account number, your name as mentioned in EPF records and your mobile number. Generally, the EPF number would be in the following format - AP/HYD/0054523/000/0000843. In case, the three digits in the middle are not there for your EPF account number, then leave the box blank and proceed. The first two alphabets in the EPF account number is the code for region and next three alphabets is the code for PF office. Accordingly, you can choose your regional PF office.
Step 6: Click submit and the EPF balance will be sent to you via SMS on the mobile number that you have shared in the form above. We hope this article will help you to know your Provident Fund Balance.
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(Source: www.epfoservices.net)
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