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You can check the EPF balance using the Umang App, EPFO portal, sending an SMS, or by just giving a missed call
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SBI Ecowrap has suggested removing the lock-in period for PPF investments. Money9 looks as the pros and cons of the suggestions
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Apart from the habit of savings that will be inculcated in your child, a PPF account opened early in life can result in big savings for the child
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If you are withdrawing money for COVID-19 related reasons, you don’t have to put the money back into your account
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Your Employees’ Provident Fund (EPF) account is giving you a return of 8.5% when other small savings schemes are around just 7%. With so much high return on your EPF balance, it should be a concern if your account has been inoperative. This is because once inoperative your account stop earning interest on the accumulated […]
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A revision in DA directly impacts provident fund, house rent allowance, travel allowance and medical allowance of central employees
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Retirement always looks far away but the sooner you start saving for it the more comfortable will be your sunset years. In the absence of social security in the country, it is imperative that you start saving for retirement from the early stage so that the burden does not fall on you at the later […]
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Currently, when Small Savings Schemes such as Public Provident Fund (PPF) and National Savings Scheme (NSC) are offering interest rates of 7.1% and 6.8%, your Employees’ Provident Fund (EPF) continues to offer the highest return in the fixed income space at 8.5%. But do you know how these returns are calculated and where EPF organisation […]
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An official on condition of anonymity said since this is election time, there won't be any immediate development on this issue
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The fund was launched with an inaugural interest rate of 4.8% and it took 16 years to reach double digits
