Govt approves 8.25% EPF interest rate for FY2025-26

The Indian government has approved an 8.25 percent interest rate on Employees' Provident Fund deposits for the 2025-26 financial year, with the amount expected to be credited into the accounts of over seven crore subscribers before the end of June. This marks the third consecutive year the retirement fund body has maintained this rate, providing stability for long-term savings.

The approval follows a recommendation by the Central Board of Trustees, the highest decision-making body of the Employees' Provident Fund Organisation, which had decided on the rate during a meeting chaired by Union Labour Minister Mansukh Mandaviya on March 2, 2026. The proposal was subsequently sent to the Finance Ministry for final concurrence, which has now been granted. Officials stated that the EPFO will now begin the process of crediting the interest directly into members' accounts.

Simultaneously, the EPFO is preparing to launch a major digital overhaul that will allow subscribers to withdraw provident fund savings through Unified Payments Interface platforms and EPF-linked automated teller machines. The new facility, part of the upcoming EPFO 3.0 digital platform, is in its final stages of...