EPFO Balance: PF stuck for years will now be returned! EPFO has started an easy online system, you should also take note

EPFO Balance: Often employees are worried about their PF after changing jobs. Now there is a big relief news for such employees. According to the information, the Labor Ministry has taken a big step regarding the remaining PF funds after changing jobs. Actually, EPFO ​​is now going to refund money from those inactive accounts which you had forgotten about. The special thing is that now employees do not need to visit the office again and again to do this.

Who will benefit?

  • For your information, let us tell you that the Central Government has shortlisted 3.1 million such accounts across the country in which there has been no activity for years.
  • The special thing is that first 600,000 people will get the refund, and these are those who have ₹ 1,000 or less deposited in their accounts.
  • If your KYC is complete, the amount will be directly credited to your Aadhaar linked bank account without any application.

Now there is no problem for defaulting companies

Also, for your information, let us tell you that EPFO ​​has tightened its monitoring to prevent PF theft. EPFO’s system is now integrated with GST and GeM portal. This will immediately catch those companies which deduct PF from the salaries of the employees but do not deposit it in their accounts. Know the 3 year rule: According to EPFO, an account in which there is no new deposit or withdrawal for 36 consecutive months is considered inoperative. However, you can transfer this money to a new account anytime using your UAN.

Balance will be checked sitting at home

During this time you will have to call this number from your registered mobile number. 9966044425 Will have to call.
after this “EPFOHO UAN” Write and send it to 7738299899.
Go to the app and “View Passbook” Select option.

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