Investing money is an essential step in any working professional’s life. This is because initially when an individual starts earning investing the money is sometimes the last thing on their mind. Youngsters face this problem all the time. It is essential to understand that this is not good for the long term investment portfolio of an employee. Therefore, it is crucial to invest your funds from the initial times itself. It is also easier to start long-term investments while you are young because you will get the returns in a very crucial age during your mid-life where the profits will be beneficial.
Before you can start investing, it is essential to get an understanding of several investment instruments that you can invest in. Provident Funds is one of the instruments you can start with since you begin investing it when you get a job. Other secure options for investment can be Bajaj Finance Fixed Deposits. PF is a secure investment instrument one can start investing from. There are several benefits of investing in a PF account.
How to know PF Number?
Whenever any investor invests in an instrument, it is essential for them to have all the minor details of the investment plan. In the case of Provident Funds, the investor needs to have all the details such as the 12 digit UAN number, PF numbers of all the organizations they have worked with, interest rates, PF contributions, and much more.
Knowing one’s PF number can be a tricky job. Firstly, it is crucial to determine the difference between UAN number and PF number. UAN number is the one unique ID an EPFO member has for their Provident Funds account. PF number is unique to each organization that an employee works in. There is only one UAN ID for your member portal, but there can be multiple PF numbers depending upon the organizations you have worked with.
Follow the steps given below to find your PF number.
Step 1: Login to your EPFO member portal
First, you need to login to your UAN account on the EPFO member portal. To log in, you will need your 12 digit UAN number and the password you set for your account.
Step 2: Click on Your Profile
After successful login, you can click on your profile. Your profile will have all your details and your linked documents such as PAN, Aadhaar, bank account details, and more.
Also, Read This: How to Check EPF Account Balance on Phone
Step 3: Select an Organization
Since you want to know your PF account number by name, you need to click on the organization’s name for which you want the details. Once you click on the organization’s name, you will get all the details such as your primary salary, the interest rate, employer’s contribution, PF number, number of months served, and more.
You will find your PF number here based on an organization’s name. This PF number can make it easy for you to keep a track on your PF balance and PF contributions from that organization to your PF balance.
Ways to Check your EPF Balance Online
Once you know your PF number with your organization’s name, it makes it easier to check your PF balance online. Below are some of the options for you to check PF balance online.
Official Web Portal
You can check PF balance online on the official member portal of EPFO. The member portal will have all the information about your PF balance and PF contributions.
UMANG App
Through the UMANG app, you can check your EPF balance on your phone. This activity can be done after a one-time registration process, which is necessary to verify your mobile number. UMANG app gives you all the detailed information about the PF contributions and interest rates along with the required details in your profile.
Missed Call and SMS Service
The Employees’ Provident Funds Organization provides EPF balance check on missed call and SMS as well. For EPF balance check you can drop a missed call on 011-22901406. Make sure you make the missed call with the phone number registered with your UAN account. For SMS balance check services, drop an SMS on 7738299899. Write EPFOHO UAN ENG where the last three letters are for the language you want to get your balance check-in. These phone balance check services can only be availed if the employee has linked their PAN card, Aadhaar card, and bank account details to their UAN account