Govt keeps EPF interest rate at 8.25% for FY26:Decision to benefit over 7 crore subscribers

Retirement fund body, the Employees’ Provident Fund Organisation (EPFO) has retained the interest rate at 8.25% on Employees Provident Fund (EPF) accounts of subscribers for the Financial Year 2025-26 (FY26), news agency, PTI said citing sources. The EPFO’s apex decision-making body Central Board of Trustees (CBT) has decided to provide 8.25% rate of interest on EPF for 2025-26 at its meeting on Monday,” PTI’s source said. Finance Ministry’s approval required for implementation of interest rate: After the CBT’s decision, the interest rate on EPF deposits for 2025-26 will be sent to the Ministry of Finance for concurrence. After the government’s ratification, the interest amount for 2025-26 will be credited in EPF accounts of the citizens. EPFO implements the RoI only after it is ratified by the government through the finance ministry. In February last year, the EPFO retained the 8.25% rate of interest for 2024-25 fiscal year. PF Interest Rates – Last 15 Years According to the EPFO data, currently, there are over seven crore active PF subscribers in the country. In FY14, before PM Modi’s first term as India’s prime minister, the employees working in India used to get 8.75% interest rate on PF accounts. But, currenty, the subscibers get 8.25% on PF accounts. 4 years ago PF rates had dipped to four-decade low: For FY22, the EPFO had lowered the interest on EPF to an over four-decade low of 8.1%. After much uproar, the organisation then hiked rates in two subsequent fiscals. And now again it has not hiked the rates in the last three years. (This is developing news)