The Employee Provident Fund (EPF) is a crucial savings scheme for employees in India, helping them build a financial safety net for their post-retirement years. Monitoring the EPF balance regularly is essential to stay informed about the growing corpus and plan for a secure future.
Thankfully, with the digitalization measure taken by the Employees’ Provident Fund Organization (EPFO), the process of checking your EPF balance has become more convenient with the availability of online methods. We are here to guide you on how to check the PF balance online.
How to Check EPF Balance Online?
Checking your EPF balance is super easy. All you need to do is follow these simple few steps and you can find out your PF balance conveniently:
Universal Account Number (UAN) Activation
Before you can check your EPF balance online, you need to activate your Universal Account Number (UAN). The UAN is a unique 12-digit number assigned to every EPF account holder. You can obtain your UAN from your employer or the EPFO UAN activation portal. Once you have the UAN, activate it by visiting the EPF member portal and following the registration process. You will need to provide details such as your UAN, mobile number, and EPF account information during the activation process.
EPF Member Portal Login
After successfully activating your UAN, you can log in to the EPF member portal using your UAN and password. If it is your first time logging in, the portal will prompt you to change your password for security reasons.
View EPF Passbook
Once you are logged in, you can view your EPF passbook, which displays the details of all your EPF transactions, including contributions made by you and your employer, accrued interest, and any withdrawals. The passbook will also show the opening balance, contributions for the current financial year, and the closing balance.
Different Methods of Online EPF Balance Check
There are many ways for you to check your EPF balance from the comfort of your own home. Apart from the EPF member portal, you can also use these pathways to know how much value you have accumulated in your EPF account:
Missed Call Facility
If you prefer a more straightforward way to check your EPF balance without going online, you can use the missed call facility. Ensure that your UAN is linked to your mobile number, and then give a missed call to 9966044425 from your registered mobile number. You will receive an SMS with your EPF balance details shortly after.
EPFO Mobile App
The Employees’ Provident Fund Organization (EPFO) has introduced a mobile app to provide easy access to your EPF account. Download the EPFO mobile app, UMANG, from Google Play Store or Apple App Store, log in using your UAN and password, and check your EPF balance on the go.
You can also check your EPF balance by sending an SMS from your registered mobile number. Type EPFOHO UAN ENG and send it to 7738299899. Replace ‘ENG’ with the first three letters of the language you prefer (e.g., HIN for Hindi, MAR for Marathi, etc.). You will receive an SMS with your EPF balance details in the chosen language.
Benefits of Checking Your EPF Balance Online
Checking your EPF (Employee Provident Fund) balance online offers numerous advantages, making it a convenient and beneficial way to stay informed about your retirement savings. Let’s explore some of the key advantages:
- Real-time Access
Online platforms provide immediate access to your EPF balance. You can view your updated balance at any time, without having to wait for statements or contact your employer. This real-time information allows you to monitor the growth of your savings regularly.
Checking your EPF balance online eliminates the need to visit the EPFO office or your employer to obtain your account statement. With just a few clicks on your computer or taps on your mobile phone, you can access your balance from the comfort of your home or on the go.
- Easy Tracking of Contributions
The online platform provides a detailed passbook that showcases all your contributions and transactions. You can track the amount deposited by both you and your employer, along with the interest accrued. This transparency ensures that your EPF account is accurate and up-to-date.
- Better Financial Planning
Knowing your EPF balance enables you to plan your finances more effectively. You can assess how much you have saved and determine if you need to increase your contributions to meet your retirement goals. Additionally, you can use the EPF balance information to create a comprehensive retirement plan.
- Instant Alerts and Notifications
Many EPF online portals offer the option to set up alerts and notifications. You can receive updates regarding your EPF account balance, interest credits, and any withdrawals made. These notifications help you stay vigilant about your EPF account activities.
- UAN Management
The Universal Account Number (UAN) is essential for EPF-related activities. Checking your EPF balance online allows you to manage your UAN, update contact information, and make necessary changes easily.
- Minimize Errors
Online access to your EPF balance reduces the chances of errors or discrepancies in your account statement. You can immediately identify any issues and get them rectified promptly.
- Immediate Grievance Redressal
In case you notice any discrepancies or face issues with your EPF account, you can quickly raise a complaint online. The online grievance redressal system ensures timely resolution of problems.
- Language Options
Most EPF online portals offer language options, making it easier for individuals who are more comfortable using regional languages. This multilingual feature enhances user accessibility.
- No Dependency on Employers
With online access to your EPF balance, you are not reliant on your employer to provide periodic updates. You can take charge of monitoring your EPF account independently.
Checking your EPF balance online has become a quick and hassle-free process with the introduction of various digital platforms by the EPFO. By staying updated on your EPF balance regularly, you can ensure that your savings are growing steadily and make informed financial decisions for your future. Whether you prefer using the EPF member portal, the mobile app, the missed call service, or SMS, accessing your EPF balance is now just a few clicks or taps away.