EPFO: Many Employees Provident Fund (EPF) subscribers are expressing anxiety over the delay in receiving interest in their accounts for the last financial year. Despite reaching out to the retirement fund body for clarity, the standard response provided by the EPFO (Employees’ Provident Fund Organisation) has failed to address their concerns adequately.
EPF Subscribers Concerned as Interest Crediting Delayed for FY 2022-23
On various platforms, including ‘X’, a growing number of subscribers have been inquiring about the timeline for the crediting of interest for the financial year 2022-23.
In response to these inquiries, the EPFO has been issuing a standard reply, stating, “Dear member, The process is in pipeline and may be shown there very shortly. Whenever the interest will be credited, it will be accumulated and paid in full. There would be no loss of interest.”
Despite this assurance, subscribers continue to seek clarity and prompt action from the EPFO regarding the crediting of interest into their accounts for the specified financial year. The delay has left many individuals uncertain about the status of their EPF accounts and the timeline for receiving the interest accrued.
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