The outbreak of the corona epidemic was one of the worst in 2020, and continues to be. However, there has been a lot of good news since the first day of 2021. With the start of the interest deposit process in the EPF4 account, it is possible to make free calls to other networks from Geo and book better train tickets. EPF4 interest will be credited to the account New Delhi: The process of paying interest for the 2019-20 fiscal to 6 crore members of the Employees Provident Fund Organization has begun. A senior EPF4O official said the interest would be credited to members’ accounts from January 1, 2021. It has already been announced that 7.5 per cent interest will be paid to members for the 2020-21 financial year. The Ministry of Labor has already ordered the transfer of 7.5 per cent EPF interest to members’ accounts. As per the order, the interest has been credited to the members’ accounts. With the approval of the Finance Ministry, Union Labor Minister Santosh Gangwar today approved a 6.5 per cent interest payment for EPFO members for the 2019-20 fiscal. The EPFO was then instructed to deposit the interest in the beneficiary’s account. Notably, in March 2020, the Central Board of Trustees decided to pay 7.5 per cent interest to the beneficiaries for the 2019-20 financial year. It was decided to pay the interest in two installments in September. But in the end, the interest was paid off in one installment.
