For the fiscal year 2022, the government is getting ready to send money to holders of interest-bearing PF accounts. The research indicates that this time, there is a chance of receiving interest at a rate of 8.1 percent.
Regarding the same Employees Provident Fund Organization, it has been determined how much interest will be credited to the PPF account in the fiscal year 2022. This needs to be transmitted as soon as possible to the account holders’ accounts. This time, the government is anticipated to deposit a total of Rs 72000 crore into the employee’s account.
Notably, consumers had to wait for 6 to 8 months last year for interest. His son had caused a little bit of a change in the environment, but this year the government won’t put off moving him. The information indicates that the account’s interest funds will be transferred soon. In terms of interest, this year has seen its lowest level in 24 years.
Interest can be calculated in the following way:
- If you have one million rupees in your account, interest will be paid out in the amount of $81,000.
- You will receive interest of 56700 if your PF account has 700,000.
- Your PF account will receive interest up to $40500 if it has $500,000.
- 8100 will be available if your PF account has 100,000 in it.
This makes calling a missed call to check the PF balance very simple. If you make a missed call from your registered mobile phone to 01122901406 you will receive the information. Following that, you will receive a communication from EPFO with PF information. You will benefit from it after your UAN, PAN, and Aadhar are linked.
News Mania Desk
