New Delhi: PF employees are now eagerly awaiting one thing: the announcement of the interest rate. The central government approves the interest rate for PF employees every financial year, resulting in a substantial lump sum being transferred to their accounts.

The big question remains: what interest rate will PF employees receive for the financial years 2025 and 2026? It is expected that the government may announce an interest rate of up to 8.75 per cent for this financial year. If this happens, it would be a 0.75 per cent increase compared to last year. However, nothing can be said officially yet.

How much interest can be received?

If the central government announces an 8.7 per cent interest rate for the financial years 2025 and 2026, PF employees will be delighted. This interest rate would be 0. er cent higher than last year. Last year, PF employees received an interest rate of 8per centcent.

The interest amount is calculated based on your total PF balance. If a PF employee has Rs 4 lakh deposited in their account, they could receive up to Rs 34,000 as interest. If there is Rs 5 lakh in the Provident Fund account, an amount of Rs 42,000 can be transferred as interest.

How many employees will benefit?

According to EPFO, the number of PF members is more than 7.5 crore. The government provides interest payments to all PF employees. PF employees can easily check their PF balance without any hassle. They can also get PF information online or by giving a missed call.

Check the PF balance via missed. call

For your information, PF employees can get information about their PF balance through a missed call. You won’t have to worry about anything. EPF subscribers can give a missed call to 9966044425 from their registered mobile number. The call will automatically disconnect after two rings, and thereafter, you will receive an SMS on your mobile number with your balance information. This is a simple way for EPF subscribers to check their balance without any hassle.