EPF Interest Credit: More than 7 crore EPFO account holders will soon receive 8.25% interest on their PF accounts. Following the central government’s approval, the interest credit process will begin soon. Members can check their balance and interest information through four methods. Learn the details.
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EPF Interest Credit: There’s good news for the more than 70 million account holders of the Employees’ Provident Fund Organization (EPFO). The central government has approved an 8.25% interest rate on EPF deposits for the fiscal year 2025-26. Following the Finance Ministry’s approval, the EPFO will soon begin the process of depositing interest into members’ accounts.
The EPFO’s Central Board of Trustees (CBT) had already recommended an interest rate of 8.25%. Now, with the final approval, the path is clear for interest to be credited to employees’ PF accounts.
When will the interest be credited to the PF account?
According to reports, the EPFO may begin crediting interest to accounts this month. However, no official date has been announced by the organization yet.
It’s important to note that interest is calculated for the entire financial year. Therefore, even if the entry is delayed in the passbook, the account holder doesn’t suffer any loss. Interest is calculated for the entire period and credited to the account upon approval.
How to check whether interest has been credited or not?
1. EPFO Passbook Portal: The updated balance can be viewed by logging into the EPFO Passbook portal using your UAN and password. Once the interest is credited, its entry will appear in the passbook.
2. UMANG App: Members can also check their EPF account balance and transaction history through the UMANG app.
3. SMS service: If UAN is active and linked to Aadhaar, PAN or bank account, then PF account information can also be obtained through SMS.
4. Missed Call Service: Account related information can also be obtained by using EPFO’s missed call service from the registered mobile number.
Why does it take time for interest to accrue?
The EPFO’s Central Board of Trustees first determines the EPF interest rate. The proposal is then sent to the Finance Ministry for approval. Only after receiving the ministry’s approval does the EPFO begin the process of crediting interest to millions of accounts.
8.25% interest for the third consecutive year
The EPFO has retained the interest rate at 8.25% for FY2025-26. The same rate was previously applicable for FY2024-25 and FY2023-24. Maintaining the same interest rate for the third consecutive year will ensure salaried individuals continue to receive stable and attractive returns on their PF investments.
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