EPF interest credit: 34 crore PF accounts to get 8.25% payout by July 15

The government has started the process of crediting 8.25% interest on Employees’ Provident Fund (EPF) deposits for FY2025-26, with over ₹1.44 lakh crore set to be credited to around 34 crore EPFO member accounts by July 15, Union Labour and Employment Minister Mansukh Mandaviya said on Wednesday (July 8).

The announcement comes after the Centre ratified the 8.25% EPF interest rate for FY2025-26, clearing the way for the Employees’ Provident Fund Organisation to begin the annual interest credit process.

Mandaviya said the payout will be processed automatically for the first time after the EPFO’s centralised database became operational. The automation is expected to speed up the annual interest credit process for subscribers.

The minister also announced that from next week, EPFO members will be able to check their PF balance and claim status through a unified digital portal. In addition, the auto-settlement limit for EPF claims has been raised from ₹1 lakh to ₹5 lakh, enabling faster claim processing.

What EPFO members should know

EPF interest is calculated on monthly running balances but is credited to members’ accounts once every financial year after the government approves the interest rate recommended by the EPFO’s Central Board of Trustees.

Once the interest is credited, subscribers can check the updated balance through the EPFO portal, UMANG app or their passbook.

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