Has anybody received Interest for 2019-20 credited in their account? News said 8.15% would be credited by Diwali but I couldn't see anything in my account. more
If you have any specific office order in regard to rate of interest @8.15% please mention, only media information having no base against which we can claim anything. more
It was not a question of claim. Such notification/ office circular is never issued to public. Instead they credit interests. It was just to check. In any case last year we received it in December, so wanted to check if anyone has received. more
Forget the interest rate. They made my EPF balance as zero without any claim. All I did was I had applied for transfer of my EPF balance from RO Bandra (Mumbai) to RO Bommasandra (Bengaluru) office in February 2020. Now my EPF balance is zero in both establishments. I have been following up with them since July 2020 and Bandra office says contact Bommasandra office and Bommasandra office says contact Bandra office without any solution. RO Bandra office is not even allowing in-person meetings with their office staff to clear the issue because of Covid. more
Consulted my former employer HR dept. Hope I will get my EPF balance back to my account. RO Bandra office is very lacklustre in service. Their replies are always irrelevant to the queries. more
Normally the steps / status is recorded in your portal or at least available with your employer. Most of the employer have consultants to handle this. more
In a groundbreaking leap for modern financial freedom, the Employees’ Provident Fund Organisation (EPFO) has announced that, starting 2025, its 7 crore members will finally be able to withdra...
withdraw your money regularly for your marriage, health expenses to parents, children's education etc. Don't keep your money there. Some of the other members are right. The makkari and c...
One of our employees father cant seem to withdraw his EPFO funds. His words to the team today: EPFO is not for your welfare. It's a forced investment into govt. securities. J...
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
By Satvik Singh
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