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from july 1, check your epf account balance online

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From July 1, check your EPF account balance online

 

The department is ready to provide the facility on its website, labour minister to review the facility today.

For the over 47.2 million members of Employees Provident Fund Organisation (EPFO), finding out the balance in their EPF account will just be a few clicks away from next month.

“The updation of accounts is currently on by all the 120 offices across the country and we are expecting that the subscribers will be able to view their account balance online from July 1 this year,” a senior EPFO official told Business Standard.

He said in the first phase, members would be able to view their EPF balance of the previous financial year on the website by quoting their account number. “In the next phase, accounts will be updated to show the latest balance. This might take 3-4 months after the introduction of the facility in July.”

The initiative is expected to address major grievance of EPF subscribers as, at present, it is difficult to ascertain the exact amount in the EPF independently at a particular time. Once it is possible to view the account balance, the members will be able to put pressure on the concerned offices in case the contribution has not been deposited.

“This will bring a lot of transparency in the whole process of employers submitting EPF contributions in the accounts of employees. Ninety per cent of the grievances on whether the money has been submitted or not, would be over,” said the official.

On the question of the possible misuse of the facility as others would be able to view the EPF account balance of a particular member if they know his EPF number, the official said: “We dwelt on this issue extensively and ultimately it was decided that in the interest of transparency, this facility should be allowed.”

The measure is part of the EPFO’s efforts to improve service delivery. Labour and Employment minister Mallikarjun Kharge is meeting EPFO officials from 120 offices across the country on Wednesday to discuss the steps for improving service delivery by the organisation. The minister will assess the account updation status at various offices and steps associated with improvement of service delivery.

Source  : http://www.business-standard.com/india/news/from-july-1-check-your-epf-account-balance-online/440019/

 
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Lawyer

Thankyou very good informatioin

 
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FIN

Thanks for the information.

 
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FIN

Thanks for the information.

 
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sampling co-ordinator

dear sir/ madam

i want to know my balance detaisl of my account in employee provident fund number delhi  is dl-29/474/025.pls provide us the details asap.

 

Thanks & kind Regards

Mohd.Nasir

 
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sampling co-ordinator

 

04 July 2011, 12:33  

mohd nasirI am Online

sampling co-ordinator [edit]
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dear sir/ madam

i want to know my balance details of my account in employee provident fund delhi  & the pf number is dl-29474/025.

pls provide us the details asap.

 

Thanks & kind Regards

Mohd.Nasir


 
 
Reply   
 
FIN

Kindly visit :

www.epfindia.com, www.epfindia.gov.in

If your a/c is not updated, you can speak to them on phone, or you can raise RTI application.

If you raise RTI application ask  if the employer deposited funds everymonth or not, as the dept. shall levy a penalty on employer in case of default.

 
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The facility has been Started for Mostly Delhi and Banglore. Some more offices have been added but all the offices have not been addded.

 
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Dear Sir,

 

I was working for HDFC Standard life insurance from Oct 2005 to Dec 2007. and Emp Id is 4444. How do i know my PF balance as  in Payslip in PF column only Emp Id is printed.

 

Regards,

Balasubramanyam N

Bangalore

Mob: 9900188411

 
Reply   
 

Dear Sir,

 

 I was working for HDFC Standard life insurance co. from Oct 2005 to  Dec 2007. In PF column in Payslip only employee id is printed. How can i check my PF Balance?

 

Regards,

Balasubramayam N

Bangalore

Mob: 9900188411

 
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