Interest on accumulated PF amount is not accurate

Q & A ForumCategory: Provident Fund (EPF & PPF)Interest on accumulated PF amount is not accurate
dasarish asked 9 years ago
Hi Srikanth, PF interest (8.65%) on accumulated amount is not showing correct. in the year of 2015 total accumulated amount is around 4.5 lakhs, so i have to receive around 33 K as interest by endo of the year 2016. but they credited very less amount whcih is around 16 k. how can I raise a concern or is there any problem in my calculation. I have transferred all my Previous organization PF amount to according to my company.
1 Answers
Sreekanth Staff answered 9 years ago
Hi, I don't think EPFO will go wrong (very low probability) with the calculation as these are done through Systems. However you may submit your grievance online ..click here... Kindly read : https://www.relakhs.com/epf-interest-calculation-provident-fund/
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