EPFO's New Online Access: How Will This Change Affect 5 Crore PF Subscribers?

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EPFO Announces Online Access to Account Details

The Employees' Provident Fund Organisation (EPFO) today announced that account details would be available online from July 1. This will be a great help to about 5 crore PF subscribers in India. EPFO plans to replace the PF account number with a unique identification number, a move that will facilitate the speedy transfer of a subscriber's funds in case of a job change and allow them to track their accounts online.

Published by OneIndia on 10.06.2011.

Know Your Provident Fund (PF) Account Details Online from 1st July

The Employees' Provident Fund Organisation (EPFO) announced on Wednesday that account details would be available online starting July 1. "You can check your PF account balance online from July 1," Assistant PF Commissioner Kanchan Roy stated during an interactive session at the Bengal National Chamber of Commerce and Industry. "This will be a significant benefit for approximately 5 crore PF subscribers in India," he added.

EPFO is planning to replace the PF account number with a unique identification number, a step that will facilitate the swift transfer of a subscriber's funds in the event of a job change and enable them to monitor their accounts online. The transition from the PF account number to the UID number will be completed after linking all regional and sub-offices of the EPFO by March 2012.

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Ram