Your Employees’ Provident Fund (EPF) passbook is a vital document that helps you track your EPF contributions, interest earned, and withdrawals. But how do you access this essential information? Whether you're checking your balance or verifying past transactions, learning how to download your EPF passbook online is crucial.
What is an EPF passbook?
An EPF passbook is a digital document provided by the Employees’ Provident Fund Organisation (EPFO) that records all your EPF transactions, including monthly contributions from both employer and employee, along with the accumulated interest. The passbook is akin to a bank passbook but is specific to your EPF account, making it a critical tool for keeping track of your retirement savings.
How to download EPFO passbook online?
1. Go to the official EPFO website.
2. Navigate to the 'Our Services' section and click on 'For Employees'. Then, select 'Member Passbook'. Log in using your UAN and password.
3. Once logged in, you’ll see the passbook under 'Select Member ID'. Click on the desired Member ID to view and download the passbook in PDF format.
How to download the EPFO member passbook using the UMANG app
1. Install the UMANG app from the Google Play Store or Apple App Store.
2. Log in using your registered mobile number and OTP.
3. In the app, choose 'EPFO' from the available services.
4. Click on ‘View Passbook’, and enter your UAN and OTP received on your registered mobile number. You can now view and download your passbook.
How to view your service history portal
1. Use your UAN and password to access the portal.
2. Choose the relevant Member ID associated with your current or previous employment.
3. Your service history will be listed along with contributions made by each employer. This helps you verify that all contributions are accurately recorded, ensuring your EPF savings are secure.
EPF passbook details
- The monthly contributions made by you and your employer.
- A portion of the employer's contribution that goes towards your pension.
- The interest earned on your EPF balance.
- Any amount you’ve withdrawn or taken as an advance.
- The total balance in your EPF account, including contributions and interest.
Benefits of EPFO e-Passbook
- With the passbook, you can check your EPF details anytime, anywhere with ease.
- The passbook helps monitor your contributions and interest accruals clearly.
- Keep track of your savings to plan your retirement effectively.
- Maintain a comprehensive record of all EPF transactions.
- The passbook is updated monthly, ensuring you have the latest details.
Also Read: 6 common EPF claim rejection reasons to know
Conclusion
The EPF passbook is an essential tool for managing your retirement savings, offering easy access to your account details and helping you stay on top of your finances.
For those looking to enhance their savings, consider investing in a Public Provident Fund (PPF) account. It offers competitive interest rates, low risk, and significant tax benefits. With a 15-year maturity period and the option to extend, PPF is an excellent choice for long-term financial planning. Additionally, the convenience of online access makes managing your PPF account simple and efficient.
FAQs
Who can download the EPF passbook online?
Any active EPF member with an activated UAN linked to their mobile number can download the EPF passbook online.
When is the EPF India passbook generated online?
The EPF passbook is generated after the employer's monthly contributions are processed and credited to the member's account.
Are entries mentioned in the EPF passbook validated by EPFO?
Yes, all entries in the EPF passbook are validated by the EPFO based on the contributions made by both the employer and employee.
How to log in if I forget the EPF password?
You can reset your EPF password by visiting the EPFO portal, clicking on ‘Forgot Password,’ and following the prompts to set a new password.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
