The employment provident fund is called epf. The government of India runs the organization. The organization comes under the social security. It aims at providing a lot of people that are working with pension benefits. According to the system there use to be a 12 percent tax write-off in a employee’s wages, the amount deducted use to go to the organization. But the tax write-off isn’t just done on the employee’s wages, the employer also provides the same sum to it.
After the first step is finished, more cartons will pop up which you have to fill up. The cartons will ask for PF account number, organization code and extension code. It may be mentioned that in some case you’ll be able to leave the extension code clean. You may also look for the code online. Some website provide the web link to the page at which you can hunt for the code.
After filling all of the blank boxes up the next step will be to seek out the check status button. Not long after you will be shown the epf balance enquiry if it truly is already allotted in your name. Occasionally they may require affirmation for security reasons. You can even receive the notification through SMS. It means your UAN has been allotted should you get an answer from them by giving and you can straight away get the amount for.
The next is the facility that is miscall. This facility is extremely helpful for those who don’t have use of net. There isn’t any need to send messages additionally, you just need to give a missed call on the number they have provided. When your missed call is received by them they are going to send the information via SMS.
The on-line balance checking account system that is epf could be helpful for those individuals who wish to avail loan through their EPF sum. Besides this there are a number of other ways through which an individual may profit by assessing their EPF balance.