The EPF passbook is a record of all the transactions in your EPF Account. Therefore, if you’re looking to get general information about your EPF Passbook, then you’re on the right page. In addition to information about EPF passbook, we’ll also skim through the topic of EPF calculation. This will help you estimate how much your EPF account should accrue at the time of retirement.
Much like your bank passbook, your EPF passbook contains a plethora of information. Your own monthly PF contribution, your employer’s monthly PF contribution, and the interest credited are all listed in the EPF passbook. In order to keep track of your EPF account and check its balance routinely, you need to get a copy of your EPF passbook.
Before 2012, to obtain a copy of your EPF passbook, you would have had to personally visit your EPF office. Thanks to the government’s digitization drive, you no longer need to do that. Today, you can access your passbook online and check all the transactions from the comfort of your home.
View and download your EPF passbook
To access your EPF passbook online, you need to first register yourself on the EPFO’s e-Sewa member portal. While doing this, you will need to have any one of the following documents handy.
In addition to the above, you will need to provide your mobile number and a valid e-mail id. The entire procedure to register has been outlined in our article titled UAN Login.
Once you have registered yourself, you can log in and view your details. Check out our article on UAN Passbook for more information on how to view and download your EPF passbook.
Registering yourself on the e-Sewa member portal has several benefits. For instance, only registered employees can download a copy of their EPF passbook. Members can download their passbook multiple times in a month. They can also receive their EPF account information, particularly their current EPF balance, via an SMS service offered by the EPFO. Since the introduction of the digital EPF passbook, the EPF department has stopped providing a hard copy of the annual EPF statement.
It is important to note that the online EPF passbook facility is available only to those members whose employers have uploaded the ECR (Electronic Challan cum Return) for the wage month post 2012. Also, closed and inoperative accounts as well as accounts having negative balance will not be able to generate an EPF passbook except by making a special request on the EPFO website.
Your EPF passbook gives you a bird’s eye view of your EPF account. But sometimes it’s important to estimate how much you will accrue in your EPF account over time. It helps you to plan for retirement as well as important future expenditures that may arise. Therefore, in addition to checking your passbook frequently, use an online EPF calculator to estimate the value of your EPF corpus in the future.
When using an online EPF calculator, remember that many of the components of EPF are variable. For example, your basic salary, PF interest rate and dearness allowance are all subject to change. Hence, it’s not possible to arrive at a precise amount that will be payable at the time of retiring. But you can always get an estimate if you want to know it in the present terms.
The following information will be useful when using an online calculator.
Current EPF Balance
Employer and Employee Contributions
EPF Interest Rate
Annual Salary Increment rate
Number of years to retirement
We hope the above information with regards to EPF passbook has been especially relevant and helpful to your requirements. For other EPF related information such as EPF balance status, UAN status, PF withdrawal form and EPFO rules, please visit our website. If you have any specific queries related to EPF passbook, please type them out in the comments section below.