EPFO PF Employee Interest – PF employees were given 8.25% interest in the financial years 2024 and 2025. Now, the question remains as to how much interest will be paid in the financial year 2025-2026. Various discussions have already begun among employees regarding the interest amount.
It is expected that the government may announce the interest rate for this financial year in January. Sources within the Ministry of Labour and Employment suggest that interest rates of up to 9.25% may be announced for the financial year 2025-26.
This means an increase of 1% compared to last year. This decision may be made at a meeting of the Central Board of Trustees. It is believed that more than 70 million employees will benefit from the interest rate.
PF account holders will receive a substantial amount.t
If the central government announces 9.25% interest for the financial year, a substantial amount is sure to be deposited into their accounts. If an employee has ₹6 lakh in their PF account, then an amount of up to ₹55,000 can be transferred at 9.25% interest. If, for some reason, an employee’s PF account has a balance of ₹5 lakh, the government will deposit up to ₹46,000 into their account.
Over 7 crore employees will benefit from this. This amount will prove beneficial for employees in times of inflation. The central government has been paying interest on PF deposits every year. You can check whether the interest has been credited to your account in a few steps. The process is quite simple.
How to Check PF Balance
You can check your PF account balance through a missed call. To do this, first make a missed call to 011-22901406 from your UAN-registered mobile number. An SMS will be sent to your mobile number shortly thereafter, containing your current balance. You can also check your balance through the Umang app or SMS. You can also check your PF account balance by visiting the EPFO office.