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EPFO interest rate

EPFO INTEREST RATE NEWS

Govt ratifies 8.25% interest rate on EPF for 2024-25

May 25, 2025 1:49 am

EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal.

EPFO’s board recommends 8.25% interest rate for FY25, same as FY24

March 01, 2025 2:07 am

The EPFO’s Board had last year hiked the EPF interest rate to the highest level in three years ahead of the Lok Sabha elections and has now retained it despite an overall rate cut cycle in the economy

Facing criticism, EPFO plans 24X7 multilingual 'contact centre' to address complaints

July 19, 2024 7:47 am

The EPFO has listed 23 languages in the tender: Hindi, English, Assamese, Bengali, Bodo, Dogri, Gujarati, Kannada, Kashmiri, Konkani, Maithili, Malayalam, Manipuri, Marathi, Nepali, Odia, Punjabi, Sanskrit, Santhali, Sindhi, Tamil, Telugu and Urdu.

Started settling claims at 8.25% interest rate for FY24: EPFO

July 12, 2024 12:35 am

The posts mentioned about the settlement of claims at the higher rate of interest, while stating that the accounts of continuing members will soon be credited with the interest for FY24.

Rejection of final EPF claims sees surge in 5 years, up from 13% to 34%

February 26, 2024 3:02 pm

EPFO rejections: Out of the three PF claim categories – final settlement, transfer and withdrawal – the rejection rate has sharply increased for the final settlement of PF claims over the last five years.

EPFO Interest Rate Hike: Central board recommends hiking rate to a 3-year high of 8.25% from 8.15%

February 11, 2024 4:56 am

EPFO Interest Rate News: Coming ahead of the general elections that are likely to be held in April-May this year, the recommendation to hike the EPF interest rate was taken in the CBT meeting held Saturday.

Govt reconstitutes EPFO Board; no representative from AITUC, INTUC

January 14, 2024 8:31 am

Central Board of Trustees was last reconstituted in November, 2018

EPFO extends deadline for employers to upload details of those opting higher pension

January 04, 2024 12:09 am

The EPFO had kept the deadline to apply for higher pensions till July 11. Following this, it gave further three months to employers till September 30 and then another extension till December 31, while employees were given time till July 11 to submit their applications.

‘EPFO in process of crediting 8.15% interest for FY23’

November 02, 2023 2:16 am

“...(Labour Minister) expressed satisfaction that EPFO is giving 8.15% interest this year and has already credited interest in more than 24 crore accounts," said a ministry statement after the 71st EPFO Foundation Day.

EPFO trustee board meets, discusses progress on higher pension option

November 01, 2023 12:29 am

The EPFO had given a three-month extension until December 31 this year for employers to upload wage details for those employees who opt for the higher pension option. The EPFO is yet to finalise the actuarial impact of the higher pension.

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