EPFO to pay interest on inoperative accounts

It is our pleasure to share with you that the EPFO has honored our attached collective ask to pay interest on inoperative accounts and the same will be implemented from April 1.

If you have any questions on provident fund, you may join the myEPF local circle run by EPFO and ask it there.

Thanks for your active participation in the cause! more  

app___20160330074614___.jpg
View all 35 comments Below 35 comments
Dear Sir, I am regularly receiving your mails. I am glad to know that this circle is run by EPFO itself. My UAN No is 100645621861. Due to sick establishment and adopting staff reducing policy I have ceased to my employment by sanctioning VRS. I have not withdraw my fund within 36 months from my above date (31-3-2013) of VRS. In April 2016 when I visited to Regional Office EPFO, Kanpur, evey Officr to whom I contacted have assured me for paying interest on inactive or inoperative accounts even after 36 months. At present I am working in private firm where my retirement will be at the age of sixty. This time when I visited to EPFO Regional Office Kanpur, every one is saying that there is know provision to pay Interest on inactive or Inoperative Accounts. I have referred them Gazette Notification 789 dated 11.11.2016. but they denied to acknowledge such a Notification. When, I met to Mr Nishad, Assistant Commissioner Accounts, he has not even declare that Notification Ferzi but he shower me the out side way of his chamber. l am not in position to understand what is real provision. If this circle is run by EPFO then advise me that what should be my future and refer my case to any answer ahle, knowladgeable and responsible Officer of EPFO, Regional Office Kanpur so that I can met him and resolver my problem. My Mobile No is 917839040478 and 917905094578. Rakesh Chandra Bajpai more  
Hello Is there any process for transfer EPF amount into ppf account. Or Can i withdrawal my EPF online. more  
many of the EPFO pensioner are geting only rs1000 as pension .if govt will increase it rs5000 or more it is good.govt is planing to take rs 50000 cr from this found for road development. it is not fare. If this 50000 cr is given to epfo pensioner it is good.now the petrol price is rs 65 in kerala.all the thinks are expensive. for a pensioner for taking medicine rs 1000 is not enough.so i humbly request u to increase pensions by increasing interest of non operating accounts. more  
Good step by Govt. at last. more  
Inoperative accounts should attract less rate of interest. that too for a limited time then No Interest. We should take steps to make Indians smarter and responsible, not dumb by providing them relaxations of these sorts. more  
Post a Comment

Related Posts

    • Selenium in wheat and people turn bald

      Over 300 individuals in Buldhana, Maharashtra, experienced sudden and severe hair loss, traced to wheat supplied through India’s Public Distribution System. Investigations by Padma awardee Dr...

      By Seema Shah
      /
    • Mahakumbh Loot by various agencies

      Today the Dainik Bhaskar paper has carried the LocalCircles survey as main headline of the paper on how people going to Mahakumbh have been subjected to overcharging by all agencies.

      By Seema Shrivastava
      /
    • Toll and Tax loot of India

      200 km toll charges Rs 500 Assuming Car mileage of 15 KM per liter Diesel, Cost of fuel for 200 km is Rs 1300/- Toll Charges Rs 500 Cost of travel Increased by 38...

      By Amit Mishra
      /
    • Society is a multiple reflection of media

      Many inappropriate things are shown in media like use of abusive language, violence, smoking, drinking, details of how several crimes are committed. Media personnel give the argument they show what...

      By Chander Jain
      /
    • Regulation of video OTT platforms must says SC

      I am pleased to share with all that yesterday supreme court reprimanded the Govt and told them to regulate obscene content. Youtube was specifically mentioned.

      By Vinita Agrawal
      /
    • Stampede on New Delhi station

      LocalCircles CEO has rightly put out on social media that despite people listing out concerns of safety, the Ministry has failed to act.

      By Garima Sharma
      /
    • Edible Oil prices

      A weaker rupee is pinching consumers, with cooking oil prices increasing 5% in past fortnight. With 60% imports, the rupee's depreciation coupled with an increase in cooking oil prices at their ori...

      By Garima Sharma
      /
    • Rules for podcast and audio video platforms

      India has taken bad taste, provocative content to the next level with these stupid comedy shows full of crude humour. It doesn’t go with the heritage and culture of this country. I...

      By Ajay Dutta
      /
    • Mahakumbh Mela feedback

      World's largest human gathering for Maha Kumbh . Security, cleanliness efforts, Toilets and changing rooms for women are appreciable. But 1. There should have been entry in Prayagraj only afte...

      By Chander Jain
      /
    • Excellent work on airfare reduction to Mahakumbh

      I want to sincerely commend all members and LC manager for getting airfares to Prayagraj reduced from 25-35K to 10-15K range. Honestly for the first time I understood what the collective...

      By Sanjit Jha
      /
    • Rupee in free fall crossing 87

      In the last 5 years: - Nifty 50 has given 93% returns - INR has depreciated to USD by 37% - So dollar adjusted returns= 56% - Adjust for GST, STT, Capital Gains etc= 4...

      By Vijaya Nair
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)