Complaint Difference in calculation of interest and in closing balance in member pass book

  • EPFO India Tollfree Number : 011-26711109 - Difference in calculation of interest and in closing balance in member pass book
    Kul Bhushan Rana on 2023-04-27 15:52:08

    Respected Sir

    Please refer to the subject cited above, it is to inform your goodself that on verifying the statement as downloaded through NET.
    (copy attached herewith for your reference) there is an interest calculation difference in the statement during 2021-2022.
    My details are as follows and interest difference and abalce difference is as under :
    Member PF no./ID LDLDH00198540000004854
    NAME KUL BHUSHAN RANA
    DATE OF BIRTH 05-Feb-63
    UAN 100197422544
    (Financial Year - 2021-2022) Employee Share Employer Share TOTAL
    Opening Balance as on 01-04-2021 53,57,340.00 25,89,246.00 79,46,586.00

    INTEREST RATE 8.10% 8.10%

    TOTAL INTEREST (2021-22) 4,33,945 2,09,729 6,43,674

    TOTAL ClOSING BALANCE 57,91,285 27,98,975 85,90,260

    INTEREST PROVIDED BY PF DEPT. 3,32,854 1,77,417 5,10,271.00
    ( As per attached statement 2021-2022)
    TOTAL ClOSING BALANCE 56,90,194 27,66,663 84,56,857
    ( As per attached statement 2021-2022)

    DIFFERENCE OF INTEREST 1,01,091 32,312 1,33,403
    DIFFERENCE IN CLOSING BALANCE 1,01,091 32,312 1,33,403
    ( This Difference is only for Financial Year 2021-22 interest calculation )

    You are requested to please check up the matter and confirm the reason along with closing balance as on date of my account.
    Your early action is requested .

    Thanking You
    Your Faithfully
    Kul Bhushan Rana.