EPFO Update - These private employees will get Rs 44,000 from the government! How to check

EPFO News – PF employees working in private companies are now eagerly awaiting the announcement of interest rates for the financial years 2025 and 2026. All PF employees are wondering when the interest rate for this financial year will be announced. The central government may announce an interest rate of up to 8.75 percent this time.

This will benefit approximately 8 crore employees. In the last financial year 2024-2025, an interest rate of 8.25 percent was approved. This time, an increase of 0.50 percent is possible. The interest rate may be finalized in February, and the amount is likely to be transferred to accounts by June.

When can the announcement be expected?

The decision on the interest rate will likely be made in a meeting between the EPFO’s Central Board of Trustees and the Ministry of Labour and Employment. The interest rates are expected to be finalized during this meeting. The decision is expected before Holi. An 8.75 percent interest rate would be a significant relief for employees.

How much money will be transferred?

If the central government sets the interest rate at 8.75 percent, the amount will be transferred based on the total balance in the PF account. If a PF account has a balance of ₹5 lakh, approximately ₹44,000 will be transferred at an 8.75 percent interest rate. This will benefit more than 8 crore employees. Employees can easily check how much money has been credited to their PF account.

Check your balance with a missed call

You can easily check how much interest has been transferred to your Provident Fund account. PF account holders need to give a missed call from their registered mobile number to 9966044425. The call will automatically disconnect after two rings. PF balance information will then be provided via SMS to the same mobile number. PF account holders will not have to face any difficulties.