Are you waiting to see your EPF claim amount in your account now that you are retired from the service or changed the job? Here is some good news. You no longer have to wait month’s long, get the cheque and then wait another week for it to be cleared. Employee provident fund Office, the firm that looks over the matters related to EPF has announced that it will now process all EPF claims through electronic transfers (e payment). From now on all you need to do to get your claim amount to your account with in 2 days is ‘mention a proper working bank account with IFSC code, if required, at the time of claim’.
EPFO has made arrangements with nearly 95 banks and around 67000 branches across the country with NEFT facilities to make this possible.
Earlier, the only way to track the EPF status was to use the claim number and check it with the EPFO website. Note that this only shows result if you have submitted all valid claim documents.
Alternatively, if you just want to check your EPF balance you can contact your respective employer.
In case of Public Provident fund that are opened or transferred to SBI, you can view your contribution/balance by just logging into your State Bank of India online banking account (Internet Banking).