EPFO: Great news for millions; government approves 8.25% EPF interest rate—find out when it will be credited

EPFO News: The Government of India has increased the interest rate on the Employees' Provident Fund (EPF). This has brought cheer to millions of people; let us find out when this interest amount will be credited to the accounts.

EPFO News: Anyone employed in the private or government sector is familiar with the Employees' Provident Fund (EPF). The EPF is a mechanism designed to secure the future of employees, ensuring continued financial support after retirement. Now, the government has shared more good news for employees benefiting from this fund: the EPF interest rate has been raised.

Government hikes PF interest rate

The government has increased the interest rate on Employees' Provident Fund (EPF) deposits for the year 2025-26. An interest rate of 8.25% has been approved. According to a report by *The Hindu*, a source stated that the Ministry of Finance has approved the 8.25% interest rate determined by the Central Board of Trustees (CBT)—the apex decision-making body of the Employees' Provident Fund Organisation (EPFO).

Interest rate maintained for the third consecutive time

A meeting of the CBT was recently held on March 2, chaired by Union Labour Minister Mansukh Mandaviya. During this meeting, the decision was made to set the interest rate at 8.25% for the 2025-26 financial year. Notably, this is the third consecutive year that this rate has been maintained. Regarding the crediting of this amount, it is expected that the funds will be deposited into the accounts of approximately seven crore members this month.

It is worth noting that in February of last year, the EPFO ​​had also set the interest rate at 8.25% for the 2024-25 financial year. Meanwhile, for the year 2024, the EPFO ​​rates for 2023-24 were set at 8.25 percent. Prior to this, the interest rate for the 2022-23 financial year was 8.15%.