PF interest not credited in passbook on 31 march 2018

vdotn
Interest is not credited to any one, for FY 2017-18.
But, if your Feb contribution is not appearing in your passbook, then there is a mistake in updation: please visit your nearest EPF office and get that clarified. Or you can write to [Login to view] or call 1800118005
sagarwal03
Hi,
the interest is not yet credited to the account. does any one have an idea as to when will it get credited and how much time does it take to withdraw the amount
vdotn
No one know when the interest will be credited to individual accounts.
As far as the time taken for withdrawal of amount, if you submit the request online at UAN's website (https://unifiedportal-mem.epfindia.g...mberinterface/), you will get the amount in your bank in a week's time.
Regarding the details as to when one can withdraw, and how much etc please read at https://cleartax.in/s/epf-withdrawal-online
sagarwal03
I got to know that in order to withdraw online , the ex employer needs to update our pf portal with the date of joining and leaving the organisation. Is it true and if yes what is the other way to withdraw the same as my ex employer is not updating it and he wants me to submit the papers physically
vdotn
If the withdrawal amount is >Rs.10,00,000, it is mandatory that the request is submitted online
vdotn
Update on EPF interest for 2017-18:
Only on yesterday (Friday, 25th May 2018), the Government has okayed the payment of 8.55% as the interest for the FY 2017-18. EPFO has already advised the offices to credit the interest into individual accounts. My guess is that this should appear in the passbook within a week's time from now.
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sagarwal03
If we claim for withdrawal now as in today, will we get the interest amount due for 2017-18 at the time of settlement as it is still not showing in our passbook?
vdotn
Yes, you are right, the interest will get credited in the mean time
Rami25
Government took its own sweet time due to red tape and laziness to approve the interest rate. Some papers reported this delay was due to election code!! Can you believe it? The interest credit should happen on 31-Mar every year just like bank interest. Why election code would come in between?
vdotn
Did anyone receive the interest entry in the passbook for March 2018?
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