EPF Interest Rate: The government has sanctioned an interest rate of 8.25% on EPF deposits for employees for the financial year 2025-26. It is anticipated that this month, the government will credit interest funds into the accounts of over 7 crore individuals. The Modi government is set to provide an 8.25% interest on your PF amount, benefiting 7 crore people this month. More than 70 million contributing members are expected to receive these deposits in their accounts this month. The interest rate established by the Employees’ Provident Fund Organization (EPFO) is put into effect following approval from the Finance Ministry.
CBT gave the green signal in March
According to reports, the Finance Ministry has endorsed the 8.25% interest rate determined by the Central Board of Trustees (CBT), which is the highest decision-making authority of the EPFO. Previously, on March 2, 2026, the CBT, led by Union Labor Minister Mansukh Mandaviya, had set the interest rate at 8.25% for the financial year 2025-26. This marks the third consecutive year that this rate has been maintained.
The proposal was subsequently forwarded to the Ministry of Finance, as the Government of India acts as the “guarantor” of the EPF. Sources indicate that the Finance Ministry has approved the proposal after thorough examination, and following the directives of the Ministry of Labor, the EPFO can now deposit the 8.25% interest amount for 2025-26 into the subscribers’ accounts this month. Additionally, it was mentioned that under the new system developed by the EPFO, interest will now be deposited directly and promptly into the subscribers’ accounts.
When has the interest rate been what?
In February of last year, the EPFO also maintained the interest rate at 8.25% for the financial year 2024-25. In 2024, the EPFO had slightly raised the interest rate to 8.25% for 2023-24, up from 8.15% in 2022-23. Earlier, in March 2022, the organization had lowered the interest rate to 8.10% for 2021-22, which was the lowest level in more than a decade.
Let us tell you that in March 2020, EPFO had reduced the interest rate on provident fund deposits for 2019-20 to 8.5 percent, which was 8.65 percent in 2018-19. The organization had given an interest rate of 8.65 percent in 2016-17 and 8.55 percent in 2017-18, whereas this rate was 8.8 percent in 2015-16. The interest rate was 8.75 percent in the financial years 2013-14 and 2014-15, which was higher than 8.5 percent in 2012-13. This rate was 8.25 percent in the financial year 2011-12.