PF Balance [Thread 367482]

chandan_bhola
Hi, My PF balance says EE amount 83271, ER amt: 48363 as on 01-09-11(account updated uptp 31-03-2010. Can some one please tell me the approx updated balance which i would receive including the interest??
awaiting response
bunty_sourabh
I have filled PF withdrawal form 3 months ago..
On website status showing as Under Process. When we call at PF office, nobody pick-up call.
I also sent mail multiple time on given email ID of respecting PF office but nobody respond.
I also put grievance on website but nobody responded yet. Let me know what to do ?
Who can be authority believe in responding me.
Regards,
Sourabh
psdhingra
Dear Chandan,
Definitely you can. You can even calculate exact balance along with interest on your pf account, as follows:
Take the closing balance (CB) of the last year, say 2008-09 and treat that as your opening balance (OB) for the year 2009-10.
You can cast OB & CB of each month as follows:
April 2010: OB (+) total subscription of the month (-) withdrawal (if any) = CB
May 2010: OB, i.e., CB of April (+) subscription of the month (-) withdrawal = CB
AND SO ON for every month up to March 2011
ADD all CBs of 12 months and DIVIDE by 12 = Average yearly CB at the end of March 2011
To this CB, multiply with the approved rate of interest/100.
Last CB + interest will be your balance for 2010-11.
Similarly, you can calculate for 2011-12 and onwards every year.
chandan_bhola
Hey Guys,
i submitted a query on the EPF claims and received a msg that the application has been received on 1-10-11 and is under process. Can anyone tell me the estimated time for the PF amount to be credited in the bank account.
Thanks,
Chandan Bhola
smilewithjatin
Hello Mr.KVJ Raghunath,
Your Provident Fund interest Calculation Tool is very easy and helpful.
It will be grateful if you will send updated file (upto 2013-14) as a attachment.
Thanks in advance
Regards
Jatin
asmi_2
Dear Mr KVJ Raghunath
"Good Evening"
My query is that my employer calculate the EPF accumulation from March to February.Where as there is two different ROI.Is my employer making any mistake? The PF amount is deposited in a Trust managed by the Employer.
As per your formula it is difficult to calculate interest.Please do the needful.
Regards
Jagannath Pandit
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