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Hi Seniors, I have a doubt bases on Calculation of Interest Rate 8.65%

Per Month Contribution:
Employee Share PF Contribution - Rs. 672
Employer Share PF Contribution - Rs. 206
Pension Contribution - Rs. 466

Even after 5 months of contribution I got below interest amount.

Interest Updated upto 31.03.2017

Employee Share Interest amount Rs.48
Employer Share Interest amount Rs.15
Interest Amount for Pension Contribution is Rs.0

Why no interest for Pension Contribution?

Kindly guide me for calculating Interest Amount.

Thank You.
4th August 2017 From India, Chennai

Abbasiti
Assistant Engineer, Indian Telephone Industries,
Vidyadhar Bhat
Consultancy In Pf
Samuel R
Digital Marketing
Amitsinghak2020
Provident Found

Dear Ranjeetha MP,

Employer & employee shares in PF belongs to the Member. Hence when it is deposited with EPFO, they have to give interest to members. But members have no claim on pension fund. It is EPFO's property. Members can claim either pension or withdrawal benefit, as the case may be. It have no connection with the deposit; but depends upon the service, last drawn average salary etc.

Abbas.P.S
4th August 2017 From India, Bangalore
Dear Ranjeetha,
The interest calculation is shown in the attached sheet, as per details provided by you.
Mr. Abbas has already intimated you other details.
Thanks,
Vidyadhar Bhat
8th August 2017 From India, Pune

Attached Files
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File Type: xls EPF Interest calculation.xls (30.5 KB, 224 views)
Anonymous 
Dear Sir,
Thank you so much Abbas Sir and Vidyadhar Bhat Sir for your explanation through Excel sheet.

Thanks,
Ranjeetha.MP
18th August 2017 From India, Chennai
Anonymous 
Dear Sir,
Thank you so much Abbas Sir and Vidyadhar Bhat Sir for your explanation through Excel sheet.

Thanks
19th August 2017 From India, Chennai
Hi,

I have attached a PF calculation sheet for your reference. I would also like to introduce you to greytHR https://www.greythr.com/payroll-software/ an HR and payroll cloud software. greytHR helps to perform all the PF related tasks with a lot of ease, employee's can view complete information related to PF. It offers a 30 day free trial period.
12th September 2017 From India, Bengaluru

Attached Files
Registration required. Create all access/no charge Cite.Co account first.
File Type: xls PF, ESI Calculation.xls (11.5 KB, 41 views)
Dearsir
My name Anit kumar s/o Ratan singh
My company. India Yamaha motor surajpur greater noida up
My UAN. 100978944644
MY FATHER'S NAME MYSTIC SHWO. Ravindra
PLEAS WRITE
HELP
16th September 2017 From India, Delhi
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