Interest on Dormat PF account

Would anyone be able to clarify - Whether a dormant PF account where no deposits have happened for over 3 years, get interest or not? more  

View all 10 comments Below 10 comments
YES YOU WILL GET THE INTEREST more  
Yes, am getting interest every year for dormant PF / EPF account. more  
Yes you will get interest till the date of withdrawal or retirement which ever is earlier more  
Yes, interest is earned on PF contribution till retirement i.e. 60 years or till the date of settlement but maximum limit is 3 years from the date of retirement as per central PF commissioner Mr. J B Roy. more  
Yes interest will be calculated till date of withdrawal. Govt is liable to payment interest so long as they hold your money. (in other words the money so far collected or deposited in any PF account is in the kitty of Govt and they are using the funds. Hence they are liable to pay interest till the money is returned to the claimant. We can refer various court judgements more  
Post a Comment

Related Posts

    • EPFO screws citizens

      While people are heartbroken over arrest of Rhea or angry with demolition of house of Kangana, EPFO lowered interest rate of 8.15% to subscribers for 2019-20 for now. Interest on your money.... So ...

      By Satvik Singh
      /
    • when does the pension start

      I have just finished 58 years a few days back ( in August 2020 ). when I checked the PF portal no information is available regarding my pension number/Bank even though I filled it up 3 years back ....

      By SRINIVASAN GANESH
      /
    • PF deductions

      At he age of 58 PF becomes matured and payable to respective employees. PF should not be deducted if employee does not want to contribute. However, if deduction is made with consent of employee, bo...

      By Vijay Agarwal
      /
    • Can employer deduct pf after 58 years ?

      If employer wants to retain employees after their retirement age then what is the procedure for it ?

      By Sonal Shingare
      /
    • How to calculate pension under EPS 1995

      How to calculate pension under EPS 1995 after attaining the age of 58 years Date of Joining - 01/10/1983 Date of Exit - 30/06/2018 Pensionable salary (5 years average) = 13,017/- per...

      By Alok Kumar Shrivastav
      /
    • PF - pension closure

      Dear friends, Already I closed my pf account in previous company employee /employer contribution is received 2years back , but in my pf account pension amount cannot able to withdrawn current...

      By Bala Gopal
      /
    • EPF Online transfer claim

      I had requested online for Claim Transfer and received message from EPFO saying its approved and amount will be credited soon but even after 40 Days , it's not transferred to current PF account.My ...

      By Gourav Anand
      /
    • Shared this from Tax, Investments and Retirement

      most of the middle class people retired from private sector have been getting a megre EPS pension anything between Rs.1000 & 2000 per month. This is without any increase for more than last 20 y...

      By Nagendra Rao Galla
      /
    • Covid19 relief measures attached

      Government to pay the EPF contribution for the next 3 months for establishments with upto 100 employees 75% or 3 month's non-refundable advance allowed from EPFs

      By Satvik Singh
      /
    • EPS pension

      how much pension I could get under eps-95 scheme per month if I volunteer retire at the age of 54year ,my joing date of service is 1990 January.and length of service is 30.5 years with a basic sale...

      By PRAKASH BAVISKAR
      /
    • PPF account extention

      Can anybody guide me about the procedure of SBI PPF account extension from remote location (you are not in the city where the PPF account is running). Visiting the place just because of physic...

      By Shibdas Mallick
      /
Share
Enter your email & 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

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)