EPFO Money / PF interest money will come to your account this week

EPFO Money: If you are employed and Provident Fund (PF) is deducted from your salary, then there is a great news for you. The central government has announced to complete the process of depositing interest at the rate of 8.25% in the accounts of the members of the Employees' Provident Fund Organization (EPFO) for the financial year 2024-25 this week. Labor Minister Mansukh Mandaviya said on Tuesday, July 8, 2025 that EPFO ​​has taken steps to complete this process expeditiously, and interest amount has been deposited in most of the accounts.

Interest deposited in the accounts of 96.51% members

According to Mandaviya, EPFO ​​had set a target of updating the PF accounts of 33.56 crore members of 13.88 lakh establishments. As of July 8, 2025, interest has been deposited in the accounts of 32.39 crore members of 13.86 lakh establishments. This means that the annual update of accounts of 99.9% establishments and 96.51% members has been completed. The remaining accounts will also be updated within this week.

8.25% interest rate approved

The Central Government had approved 8.25% interest rate on EPF deposits for the financial year 2024-25 on 22 May 2025. This rate is the same as that of FY 2023-24. After getting the approval, EPFO ​​started the process of depositing interest amount from 6 June 2025. The Labor Minister said that this time the process has been made faster and more streamlined than before, due to which most of the work was completed in June itself. Last year (2023-24), the process of depositing interest started from August and lasted till December.

The process was completed fast

EPFO has optimized the process of depositing interest this time using digital and automated systems. Mandaviya said, "We have made technical improvements, which made this process possible in much less time than before." He hoped that the accounts of the remaining establishments would also be updated soon.

EPFO's decision and future

EPFO had decided on 28 February 2025 to retain the interest rate of 8.25% for the financial year 2024-25, which was later approved by the Finance Ministry. This interest rate provides a safe and attractive savings option for the employed people. This move of EPFO ​​will give crores of employees a better return on their retirement savings.

Advice for employees

• Check balance: Use the official website of EPFO ​​or UMANG app to check your PF account balance and interest amount.
• Passbook update: Make sure that the interest amount is credited correctly in your EPF passbook.
• KYC update: Keep your account's KYC (Aadhaar, PAN, bank details) updated so that there is no problem in withdrawal or transfer in future.