PF Interest Rate: 8.25% interest will be available on PF account, EPFO fixed interest rates for the financial year 2025-26
The decision was taken at the 239th meeting of the Central Board of Trustees (CBT), the EPFO’s highest decision-making body. Labor and Employment Minister Mansukh Mandaviya chaired the meeting today.
PF Interest Rate: The Employees’ Provident Fund Organisation (EPFO) on Monday fixed the interest rate on EPF deposits at 8.25 per cent for the financial year 2025-26. This is the second consecutive year when the interest rate has remained unchanged, a source said. In February last year, the EPFO had retained the interest rate at 8.25 per cent for the financial year 2024-25. The Employees’ Provident Fund Organisation had marginally increased the interest rate in 2024 to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. In March 2022, the EPFO had reduced the interest rate on post-retirement deposits for its over 7 crore subscribers to a more than four-decade low of 8.10 per cent for 2021-22, from 8.5 per cent in 2020-21.
Interest will be credited to accounts after government approval.
Comments
Post a Comment