EPFO Has Transferred Interest Money To the Accounts of about 97% of its Members

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Jyoti
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EPFO Interest Check: If you are a salaried class and PF is deducted from your salary every month, then this news will make you happy. The Employees’ Provident Fund Organization (EPFO) has deposited the 8.25% interest declared for the financial year 2024-25 in the accounts of the members.

Interest money has been deposited in the accounts of about 97 percent of the members. Union Labor Minister Mansukh Mandaviya said that EPFO ​​will deposit 8.25% interest for FY 2024-25 in the accounts of all the members by the end of the week. Every year, after approval from the central government, EPFO ​​​​adds interest to the accounts of its crores of members.

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8.25% interest approved

The government approved the 8.25% interest rate for the financial year 2024-25 on 22 May 2025. After this, EPFO ​​started preparations and started updating the annual accounts from the night of 6 June. Mandaviya said that this year the accounts of 33.56 crore members of 13.88 lakh institutions had to be updated. Till July 8, interest has been deposited in 32.39 crore accounts of 13.86 lakh establishments.

Due to improvement in the system, most of the work was completed in June
The Union Minister said that the update of 99.9% establishments and 96.51% member accounts has been completed. Last year (2023-24), the process of depositing interest started in August and was completed by December. But this year, due to improvement in the system, most of the work has been completed in June itself. The remaining accounts will also be updated this week. The decision to keep the interest rate at 8.25% was taken in the 237th meeting of the Central Board of Trustees of EPFO ​​held in Delhi on 28 February 2025. This meeting was chaired by Mandaviya. After this, the proposal was sent to the Finance Ministry for final approval.

The specialty of EPF

is that EPF gives higher and stable returns as compared to other investment schemes of the government. Investing in it helps in increasing savings for retirement. In February 2024, EPFO ​​increased the interest rate from 8.15% to 8.25% for 2023-24. Earlier in 2021-22, the interest rate was reduced to 8.1%, which was the lowest interest rate since 1977-78. Mandaviya said that the system is being further improved by EPFO, so that the process of depositing interest is faster in future.

How to check interest money

The Employees Provident Fund Organization (EPFO) has transferred interest at the rate of 8.25% for the year 2024-25 to the accounts. To check the interest money in your account, you can use the following easy methods.

Check passbook on EPFO ​​portal

  • First of all go to the official website of EPFO ​​www.epfindia.gov.in.
  • Now go to ‘For Employees’, click on ‘For Employees’ under ‘Our Services’ on the homepage.
  • Click on ‘Member Passbook’: Select ‘Member Passbook’ in the ‘Services’ section.
  • To login here, enter your Universal Account Number (UAN), password and captcha code.
  • After logging in, click on your member ID. Here you can see the interest and balance deposited in your account.
  • Now you can download the passbook in PDF format.

Check with Umang App

  • First of all download Umang App on your phone.
  •  Now select EPFO ​​in it. Click on ‘EPFO’ option in the app.
  •  Select ‘View Passbook’, go to ‘View Passbook’ in ‘Employee Centric Services’.
  •  Login with your UAN and OTP (sent on registered mobile number).
  • Now you will be able to see your account balance and interest in the passbook.

Via SMS

  • First of all send a message from your registered mobile number to 7738299899.
  •  EPFOHO UAN HIN (Instead of HIN, enter the code of your preferred language, like ENG, TAM etc.)
  •  You will get information related to your PF balance and recent deposits through SMS.

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