{"id":32081,"date":"2021-06-22T11:42:26","date_gmt":"2021-06-22T06:12:26","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=32081"},"modified":"2021-06-22T11:42:31","modified_gmt":"2021-06-22T06:12:31","slug":"epf-passbook-for-employees","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/","title":{"rendered":"A Complete Briefing on EPF Passbook for Employees"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Employees Provident Fund is widely known as a saving scheme. Launched by the Indian government, it is entirely meant for the welfare of employees. The fund under the PF scheme accrued overtime with employees and employer&#8217;s monthly contribution. <a href=\"https:\/\/corpbiz.io\/epf-registration\"><strong>EPFO<\/strong><\/a> (Employees Provident Fund Organization) is a government-based institution that administers and regulates all the undertakings regarding the employees\u2019 provident funds. The contribution made under the provident fund finds its way to the EPFO-managed account. Every employee who holds an EP account can check its status and detail via EPF passbook.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/#An_Overview_on_EPFO_member_Passbook\" >An Overview on EPFO member Passbook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/#What_is_the_online_process_of_downloading_the_EPF_Passbook\" >What is the online process of downloading the EPF Passbook?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/#How_to_get_EPF_passbook_on_the_system_via_EPFO_App\" >How to get EPF passbook on the system via EPFO App?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/#How_to_get_EPF_passbook_on_the_system_via_DOB_Contact_Number\" >How to get EPF passbook on the system via DOB &amp; Contact Number?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/#An_Overview_Key_Components_of_EPF_passbook\" >An Overview Key Components of EPF passbook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/epf-passbook-for-employees\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_Overview_on_EPFO_member_Passbook\"><\/span>An Overview on EPFO member Passbook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>EPF\npassbook is a web-based facility rendered by the EPFO or Employees Provident\nFund Organization. The EPF passbook is more or less identical to the bank\npassbook. It enables the members to get aware of past transactions. EPF\nPassbook entails almost all required detail of the PF account such as;<\/p>\n\n\n\n<ul><li>Employer contribution<\/li><li>Employee contribution<\/li><li>Withdrawals<\/li><li>Interest earned<\/li><\/ul>\n\n\n\n<p><strong><em>Furthermore, it allows the member to;<\/em><\/strong><\/p>\n\n\n\n<ul><li>Check account balance<\/li><li>View Account Statement<\/li><li>Download and Print the Account Statement<\/li><\/ul>\n\n\n\n<p>The EPF passbook is accessible via the EPFO mobile app. However, such a facility is available to those members who are registered on the UAN (Universal Account Number). UAN refers to 12 digit numbers that are used to identify the members under the EPFO scheme. <strong><em>Please note that once the UAN is created, it will continue to remain active and unchanged even if the employee changes his\/her job.<\/em><\/strong><\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/\">Procedure for EPF Registration \u2013 A Step by Step Guide <\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_online_process_of_downloading_the_EPF_Passbook\"><\/span>What is the online process of downloading the EPF Passbook?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/process-of-downloading-the-EPF-Passbook.png\" alt=\"online process of downloading the EPF Passbook\" class=\"wp-image-32091\" width=\"520\" height=\"520\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/process-of-downloading-the-EPF-Passbook.png 1000w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/process-of-downloading-the-EPF-Passbook-150x150.png 150w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/process-of-downloading-the-EPF-Passbook-300x300.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/process-of-downloading-the-EPF-Passbook-768x768.png 768w\" sizes=\"(max-width: 520px) 100vw, 520px\" \/><\/figure><\/div>\n\n\n\n<ul><li>Visit the URL as mentioned below  https:\/\/passbook.epfindia.gov.in\/MemberPassBook\/Login <\/li><li>Provide your credentials i.e. UAN and password.\u00a0<\/li><li>Enter Captcha for verification and then tap on the \u201cLogin\u201d button.\u00a0<\/li><li>The member\u2019s ID shall prompt on your display. Thus, all EPF accounts having a UAN link shall appear in the dropdown menu.\u00a0<\/li><li>Opt for the member ID &amp; select \u201cView Passbook\u201d.<\/li><li>The detailed passbook enclosing past transactions shall prompt on your display. You can download and print the same via a single command.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_EPF_passbook_on_the_system_via_EPFO_App\"><\/span>How to get EPF passbook on the system via EPFO App?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Visit Play Store and search for the M-Sewa app via the search bar.<\/li><li>Tap on the Install tab and wait until the app is ready for use.<\/li><li>Once install, tap on the app icon to launch it on your device.<\/li><li>Select the option, \u201cLet\u2019s Start.\u201d<\/li><li>Select EPF services>E-Passbook.<\/li><li>Provide your login details such as UAN and password in the relevant fields.<\/li><li>Select Member ID followed by View Passbook.<\/li><li>Lastly, you can view the passbook, download or print the same.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_EPF_passbook_on_the_system_via_DOB_Contact_Number\"><\/span>How to get EPF passbook on the system via DOB &amp; Contact Number?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>The members can visit the EPFO portal to download the EPF passbook via their contact number or Date of Birth.<\/li><li>After registering on the EPFO portal for the e-passbook facility, the portal shall seek an identity card from the user for the registration process.<\/li><li>The member will get a PIN on their contact number. The user is required to enter the same PIN on the EPFO portal to complete the registration process.<\/li><li>With the help of contact number and document no, the user can log in to the portal.<\/li><li>Select the \u2018Download Passbook\u2019 option.<\/li><li>Enter name, PF code, and other requested detail appropriately.<\/li><li>Finally, confirm the chosen transaction via a PIN<\/li><li>As soon as the request for an EPF passbook is placed, it takes 3 days to process the user\u2019s request.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_Overview_Key_Components_of_EPF_passbook\"><\/span>An Overview Key Components of EPF passbook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nkey components of EPF passbook include;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">EPF account number&nbsp;<\/h3>\n\n\n\n<p>EPF\naccount number usually exists in an alphanumeric format. In encloses the code\nrelated to state, establishment, member, and regional office. The following\nexample will render the better understanding on the same<\/p>\n\n\n\n<p><strong><em>Sample\nPF number \u2013 AP HYD 0074560 000 0001234<\/em><\/strong><\/p>\n\n\n\n<p>Here;<\/p>\n\n\n\n<ul><li>AP denotes Andhra Pradesh<\/li><li>HYD denotes Hyderabad (location of the regional\noffice)<\/li><li>7 numbers denote establishment ID \u20180074560\u2019<\/li><li>The subsequent 3 numbers denote the establishment\nextension ID.<\/li><li>The remaining 7 numbers reflect member ID \u20180001234\u2019<\/li><li>The last 7 numbers represent member ID \u20180001234\u2019<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">UAN<\/h3>\n\n\n\n<p><strong><em>Universal Account Number<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Andhra_Pradesh\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> (UAN) is a unique member\u2019s identification number allotted by the EPFO. Every member under the EPF scheme is eligible for this number. The PF member IDs are linked with this number.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Basic Details<\/h3>\n\n\n\n<p>The\npassbook entails key information like name &amp; the address of business with\nestablishment ID, DOB, member\u2019s name, joining date, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Opening Balance<\/h3>\n\n\n\n<p>The\nEPF passbook reflects the opening balance under the section of employer and\nemployee. The opening balance refers to a total contribution to date along with\ninterest reaped in the preceding fiscal year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Monthly Contribution<\/h3>\n\n\n\n<p>The\nEPF passbook reflects the monthly contribution by both employees as well as the\nemployer. But, contribution to EPS is shown independently.<\/p>\n\n\n\n<p>Interest<\/p>\n\n\n\n<p>The\ninterest on EPF is calculated on running balance of every month. However,\ninterest is credited at the end of financial year for employee and employer\ncontributions. The rate of interest on which interest is calculated is\nmentioned in the passbook.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Closing Balance<\/h3>\n\n\n\n<p>The\nfollowing expression reflects the exact computation of closing balance.<\/p>\n\n\n\n<p><em><strong>Closing\nbalance = (employer contribution + interest) + (employee contribution +\ninterest)<\/strong><\/em><\/p>\n\n\n\n<p>The\nclosing balance is carried forward as an initial balance for the subsequent\nyear.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Voluntary Provident Fund<\/h3>\n\n\n\n<p>As\nthe name suggests, the voluntary provident fund is different from the basic PF\ncontribution where the employee has to adhere to 12% contribution limit. In\ngeneral, it refers to an excess contribution of the employee. Hence, it is reflected\nseparately in the passbook.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>EPF passbook keeps the employee on edge when it comes to familiarizing with the past transactions or contributions made to the PF account. It is easy to access and updates in real-time. Since the EPF passbook details exist on the EPFO&#8217;s database, the chance of getting them misplaced is next to negligible.\u00a0<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/activate-uan-for-your-epf-registration\/\">How to Activate UAN for Your EPF Registration? <\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employees Provident Fund is widely known as a saving scheme. Launched by the Indian government, it is entirely meant for the welfare of employees. The fund under the PF scheme accrued overtime with employees and employer&#8217;s monthly contribution. EPFO (Employees Provident Fund Organization) is a government-based institution that administers and regulates all the undertakings regarding [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":32090,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[212],"tags":[1825],"acf":{"service_id":"15"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":21110,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32081"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=32081"}],"version-history":[{"count":14,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32081\/revisions"}],"predecessor-version":[{"id":32097,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32081\/revisions\/32097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/32090"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=32081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=32081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=32081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}