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EPFO Interest Rate: The central government has approved 8.25 percent interest rate on the Employees Provident Fund (PF) deposit for FY 2024-25. This interest rate has been kept the same as the previous financial year. In February, the Employees Provident Fund Organization (EPFO) had announced to retain the interest rate on the Employees Provident Fund deposit at 8.25 percent for the financial year 2025.
The decision was taken by the Central Board of Trustee of EPFO in a meeting in the national capital. The Finance Ministry has now approved 8.25 percent interest rate on PF of employees for FY 2025. According to reliable sources, a notification from the Ministry of Labor this week has also been sent to the retirement fund body.
The interest rate on EPF for 2024-25 will be deposited in the accounts of EPFO members. The EPFO had earlier increased the interest rate on EPF for its 7 crore members from 8.15 percent to 2023-24 in 2022-23 for 8.25 percent.
Meanwhile, the EPFO added a 1.15 percent increase in the net payroll edition as compared to March 2024 in March. The PF organization nominated around 7.54 lakh new customers in March 2025, showing a 2.03 percent increase compared to February and an annual basis compared to March 2024.
According to the Ministry of Labor, the credit for the growth of new customers can be credited to increasing employment opportunities, increasing awareness about employee benefits and successful outreach programs of EPFO. An important aspect of data is dominated by the 18-25 age group, as 4.45 lakh new customers were added to the 18-25 age group, which is 58.94 percent of the total new customers added in March 2025.
In addition, the NET payroll edition for the 18-25 age group in March was around 6.68 lakhs, which shows an increase of 6.49 percent compared to the previous year in March 2024.
(Tagstotranslate) Provident Fund Account (T) Provident Fund Balance (T) Provident Fund (PF) (T) Provident Fund Account Holder (T) Provident Fund Amount (T) EPFOONT REATERTITES Rate Hike (T) Epfo Interest Rates (T) EPFO Interest News (T) Provident Fund
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