The requirement of EPF is because it fulfills the needs of the members after retirement like medical care, children’s education, Health and medical care, Insurance policies, housing etc.
provident fund balance status online:
The requirement of EPF is because it fulfills the needs of the members after retirement like medical care, children’s education, Health and medical care, Insurance policies, housing etc. The employee wants to know the balance status of their PF if they want to claim it or for any other purpose also. This becomes easy with the facility of checking the provident fund balance status online. The employee has to log into the Official website of the regional office of the EPFO. The “know your balance link” is available there. On clicking that link the employee may proceed by entering the details of the PF account. This way it becomes easier to check the provident fund balance status. To know the account details and the PF balance status online you should know your provident fund account number. Then only you can check the PF balance status.
Provident fund account balance status:
To know the Provident fund account balance status, the employee needs to register his/ her mobile number on the website. This way the PF account balance can be known by getting an SMS. Provident fund account balance status of an employee is managed Employee Provident Fund Organization.Employee Provident Fund account number is divided into five parts .First two boxes will be populated automatically on the basis of your EPFO selection. Establishment Code (Max 7 digits), Extension (Max 3 digits) ,Account Number (Max 7 digits).
Provident fund account balance status information:
All the organizations which do not provide pension to their employees after retirement opens an EPF account for all the employees. The EPF is controlled by the government and all the private sector companies deposit the EPF amount to the local regional EPF office. To get the PF balance information of the account the employees have to contact the regional EPF office from where the PF balance information is provided to the employee but this process takes a lot of time so the EPFO now provides the PF balance information online. After filling all the details the up to date balance of your PF Account will be sent to you via sms. The updated information includes all the latest approved transactions of advances/ settlement/transfer-in/ transfer out etc.