Good news for EPF account holders, the interest rate for EPF accounts for the year 2010-11 has been declared as 9.5% instead of 8.5%, which was stagnant since 5 years. This increase of 1 percentage point in the interest rate would cost EPFO an additional Rs.1700 crore but officials have said that there is an Interest suspense account that has Rs.1731 in surplus which will be used to meet the demand.
Bankers on the other hand are slightly worried, it seems, as there is significant difference between Bank savings interest rate and EPF interest rates, which might make the employees shift for EPF savings accounts instead of regular bank accounts. However, one cannot be sure that the same interest rate of 9.5% will be continued in the next financial year or not.
RBI, on the other hand, is all set to convene another meet to, may be, increase the key rates by another 50 bps to keep inflation in control, says some reports. This could mean another round of Interest rates increase by Banks’.
EPFO Board has also said on this occasion that it would stop adding interest rate to those accounts that are Inoperative from 1 April 2011. It also added that it will only continue in its current working procedure of investing EPF funds in Government and PFI bonds and securities and not consider putting them into Equity market. This is not surprising as ‘Risk’ is the last word to hear when talking about ‘Pension’.
Moved to another company, see your PF transfer status.
Can someone please inform me rate of interest on EPF (Employees Provident Fund) applicable from the year 1996 to 2011?? Pls give rate for each year???
I am Dileep jose.my pf claim Id is WBCAL110600001972.Can you inform me the progression.
Dear Sir,
Please provide me Interest rate from 1991 to 2011. As I have dispute with Bank of India PPF Account. They are asking refund from me as they paid excess interest to me.
Please help so that i can check and then argue with them with correct details.
Please reply on my mail so immediately i can calculate the details .
Best Regds/Satish kothari.
I want to know a/c status of epf a/c no.BR-7158—-
I being an HR executive of Rel Infra posted at Raghunathpur Thermal Power Project site, West Bengal would like to check the status of any contractor labour worker who are working in this project under any agency.
Please intimate me the procedure of checking the PF status of any worker through web site. The reference code & nos will be given by the agencies as well.
Please give me the details how to find my pf account details AP/42265/—-, i applied for withdrawal last week, normally how many days it will take.
Dear sir,
I want to PF account status MH/118313/—-
Dear sir,
I want to PF account status DL/25803/——-
Sir, my pf-29204/—- 10C CHEQUE NOT CLEAR IN MY ACCOUNT. CHEQUE NO 573076 THROUGH SEND TO NEFT.
pl give me EPF status immediately by email. My EPF no is GJ/42624/—-
i have applied for my pf amount 4months back whene i call the no is always busy whene i reach office they said its dispatched and i will recive in 10days till not