EPFO to credit 8.25% interest by July 15, ₹1.44 lakh crore headed to 34 crore accounts

The Employees' Provident Fund Organisation (EPFO) has started the annual process of crediting 8.25% interest on Employees' Provident Fund (EPF) deposits for FY2025-26.

More than ₹1.44 lakh crore will be credited to nearly 34 crore member accounts by July 15, Union Labour and Employment Minister Mansukh Mandaviya announced on Wednesday.

The interest payout follows the Centre's approval of the 8.25% EPF interest rate for the financial year, enabling the EPFO to begin depositing the annual earnings into subscribers' accounts.

For the first time, the interest credit process is being carried out through EPFO's centralised database, allowing the exercise to be fully automated. According to the minister, the new system is expected to ensure quicker and more seamless credit of interest to members.

Mandaviya also announced that from next week, EPFO subscribers will be able to access their provident fund balance and claim status through a unified digital portal.

Additionally, the auto-settlement limit for EPF claims has been increased from ₹1 lakh to ₹5 lakh, a move aimed at speeding up claim processing.

How to check your updated PF balance

EPF interest is calculated every month on the running balance in a subscriber's account but is credited only once a year after the government approves the interest rate recommended by the EPFO's Central Board of Trustees.

Once the interest is credited, members can verify the updated amount through the EPFO portal, the UMANG app, or by downloading their EPF passbook.