Govt. ratifies 8.25% EPF interest rate for FY'26, to be credited this month
Earlier on March 2, the CBT in a meeting chaired by the Union Labour Minister Mansukh Mandaviya had decided to fix 8.25% rate of interest for the financial year 2025-26, marking the third consecutive year this rate has been maintained
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The government has ratified 8.25% rate of interest on employees' provident fund (EPF) deposits for 2025-26, which is likely to be credited to over seven crore contributing members this month.
EPFO provides the rate of interest on EPF after it gets ratified by the government through the finance ministry.
The finance ministry has given its concurrence to 8.25% rate of interest fixed by Central Board of Trustees (CBT), the apex decision making body of the Employees' Provident Fund Organisation (EPFO), a source said on Thursday (June 18, 2026).
Earlier on March 2, the CBT in a meeting chaired by the Union Labour Minister Mansukh Mandaviya had decided to fix 8.25% rate of interest for the financial year 2025-26, marking the third consecutive year this rate has been maintained.
Thereafter the proposal was sent to the finance ministry for concurrence as the guarantor of the EPF is the Government of India.
In February last year, the EPFO had retained the 8.25% rate of interest for 2024-25 fiscal year.
The EPFO, in 2024, increased the interest rate marginally to 8.25% for 2023-24, from 8.15% in 2022-23.
In March 2022, EPFO lowered the interest on post-retirement deposits for 2021-22 to an over four-decade low of 8.10% from 8.5% in 2020-21.
The 8.10% rate for 2020-21 was the lowest since 1977-78, when the rate stood at 8%.
In March 2020, EPFO lowered the interest rate on provident fund deposits to a seven-year low of 8.5% for 2019-20, from 8.65% provided for 2018-19.
The retirement fund body gave 8.75% rate of interest in 2013-14 as well as 2014-15, higher than 8.5% for 2012-13.
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