In good news for around six crore EPF subscribers, the EPFO has credited 8.5 per cent rate of interest for 2019-20 in employees' provident fund (EPF) accounts on December 31 (Thursday).

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According to Zee Media sources, people who were eagerly waiting for the final nod from the finance ministry on crediting of 8.5 per cent rate of interest for 2019-20 in their employees' provident fund (EPF) accounts, have got a big new year gift. However, we would still be waiting for the official confirmation on the above.

The retirement fund body EPFO had previously tweeted that subscribers can check their PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App.

In September, the EPFO, citing the times due to the coronavirus crisis, had decided to split the 8.5% interest rate for EPF account holders into two instalments of 8.15% and 0.35%. This was announced after a meeting between EPFO trustees and Labour Minister Santosh Gangwar.

In March this year, during the COVID-19 induced nationwide lockdown, the EPFO had approved 8.5% interest rate on EPF for 2019-20. Later, in September, the EPFO had decided to honour its commitment to provide 8.5% rate of interest for the last fiscal. But it was also decided to split the rate of interest into two instalments of 8.15% and 0.35% in view of the pandemic.

How to check your EPF account balanceHere are four ways to check your EPF account balance

1. Using Umang app - Employees can view their PF balance on mobile phones with the help of Umang app.

Open the UMANG AppClick on EPFO. Click on Employee Centric ServicesClick on the View Passbook option Feed in your UAN number and passwordYou will get OTP on your registered mobile numberNow you can now check your EPF balance2. Using the EPFO portal - To view your PF passbook on the portal you need to have your account tagged with your Universal Account Number (UAN).

Log on to epfindia.gov.in Feed in your UAN number, password and captcha code Click on the e-PassbookOnce you file all the details, you will land up on a new pageNow open member id Now you can see the total EPF balance in your account3. Sending an SMS - If your UAN is registered with the EPFO, you can get the details of your latest contribution and PF balance by sending an SMS to 7738299899. You need to send this message: EPFOHO UAN ENG. 'ENG' is the first three characters of the preferred language.

4. By giving a missed call - If you are registered on the UAN portal, giving a missed call on 011-22901406 from your registered mobile number will get you the details.