Who Can Submit An Application For An EPF?
Best Payroll Services Provider in India by Pro Legal HR ESI PF Consultant in Ahmedabad. EPF is available to all paid workers in both public and private sector organizations. Furthermore, it is mandatory for every organization with 20 or more employees to provide their staff the EPF benefit. Benefits from the EPF, insurance, and pension plans are available to all enrolled participants.
EPF Balance Monitoring Made Simple
Have you received similar SMSs but ignored them until now? Basically, it has to do with your EPF balance. A solid low-risk investment option that yields returns much greater than bank savings is an EPF. You have a good chance of having a sizable retirement corpus if you have been a paid employee for a long period and make regular contributions to the Employee Provident Fund (EPF). Then why do you not keep a running tab on our EPF balance? We asked our users for their opinions in order to better understand this, and the majority of them said something like, "It's really difficult to remember your EPF balance." I usually forget to input my password and UAN when I visit the EPFO website to log in. The procedure is laborious. Additionally, the information in the SMSs from EPFO is limited, and they frequently disappear into my phone's SMS archives. This is an essential issue. The EPFO websites can occasionally be quite sluggish, and it might be difficult to remember the password and UAN. As a result, the majority of individuals lose track of the money that is legally theirs. Our assets include EPF, which we ought to be able to easily track in one location with our other investments, such mutual funds, etc. All salaried personnel now have an easier way to monitor their EPF balance thanks to the company's in-app tracking tool. To check your EPF, all you need is your cellphone number and an OTP. With only two easy actions, you can immediately track your EPF records on the company: The Best Payroll Services Provider in India by Pro Legal HR ESI PF Consultant in Ahmedabad.
Press and hold Menu > Utilities > Monitor your EPF amount. Follow up
Enter the OTP you received and your mobile number.
You may view the history of transactions, interest earned, and your EPF balance. That's how tracking your EPF balance is done! It might be time-consuming to go between many bank accounts, web portals, and applications to manage your finances. You can now manage your pay, savings account, mutual fund investments, and EPF balance in one location with the lifetime zero balance Company Salary Account. Additionally, it's a high-interest digital savings account that may increase your monthly pay with guaranteed pay Rewards and much more, earning up to 7% interest* p.a.Â