Good news for 7 crore EPFO ​​subscribers: 8.25% interest rate approved; find out when the money will be credited to accounts.

EPFO: The government has approved an 8.25% EPF interest rate for the financial year 2025-26. This marks the third consecutive year that this rate has remained in effect; the rate was last revised in 2023-24.

EPFO Interest Rate News: Anyone working in private or government institutions is familiar with the Employees' Provident Fund (EPF). Under this scheme, funds are accumulated to secure employees' futures and ensure continued financial support after retirement. Now, taking a significant step for the employees benefiting from this fund, the government has raised the interest rates.

The Ministry of Finance has officially approved raising the interest rate to 8.25% for the more than 7 crore account holders of the Employees' Provident Fund Organisation (EPFO). The government has hiked the interest rates on EPF deposits for the year 2025-26. According to media reports, the Finance Ministry has ratified the 8.25% interest rate determined by the Central Board of Trustees (CBT). It is expected that this amount will be credited to the accounts of approximately 7 crore EPF members this month. Notably, the CBT is the apex decision-making body of the EPFO.

Interest rate remains stable for the third consecutive year.

The decision to set the interest rate at 8.25% for the financial year 2025-26 was taken during a CBT meeting held on March 2, chaired by Union Labour Minister Mansukh Mandaviya. It is worth noting that this is the third consecutive year the decision has been made to maintain the interest rate at 8.25%. The interest rate was 8.15% for the 2022-23 financial year; it was raised to 8.25% for 2023-24, and this same rate remains applicable currently.

An annual interest rate of 8.25% translates to a monthly rate of 0.688%. This means that interest is calculated at 0.688% on the balance in your PF account (comprising both employee and employer contributions) at the end of each month. At the end of the year, the accumulated interest is credited to your PF account.

How to check your balance?

• You can check whether the interest amount has been credited to your PF account via the Umang App. Download the app and search for 'EPFO'. Then, go to 'View Passbook', enter your UAN and OTP, and view your balance.
• You can also download your passbook by visiting the EPFO ​​Member Passbook Portal and entering your UAN, password, and captcha.
• You can send an SMS with the text 'EPFOHO UAN ENG' (replace 'ENG' with the code for your preferred language, e.g., 'HIN' for Hindi) from your registered mobile number to 7738299899.
• You can also get balance details by giving a missed call to 9966044425 from your registered mobile number.