If you are employed and your PF gets deducted, then there is a very good news for you. Employees’ Provident Fund Organization (EPFO) has issued a new order, giving huge relief to crores of account holders of the country. If you also have an Employees Provident Fund (EPF) account, then get ready, because a huge amount of interest is going to come to your account soon. This update is going to bring smiles on the faces of millions of employees.
Interest will be available at the rate of 8.25%
EPFO has officially approved 8.25% interest rate for the financial year 2025-26. Since this approval, employed employees across the country were eagerly waiting for the interest money to come into their accounts. Now after getting the green signal from the government, this wait is going to end very soon.
Regional offices received strict instructions
To speed up this entire process, EPFO has issued a new and strict instruction to all its regional offices. In this order it is clearly stated that the interest amount should be credited to the accounts of all the members as soon as possible without any unnecessary delay. After these instructions received from the headquarters, now the paperwork and technical process related to interest transfer has been expedited.
Main points of this decision
This big decision will directly benefit crores of PF account holders of the country. This interest amount will be transferred to the PF account linked to their bank accounts. This step of EPFO will significantly speed up the work, because after receiving direct orders from the regional offices, now the work of crediting interest is being done on priority basis. This time account holders are getting the benefit of interest at the rate of 8.25% on their total deposited amount, which is considered a safe and good return.
How to check balance?
As soon as the regional office processes this amount, information about it will be sent to your registered mobile number through message. Apart from this, you can also check your balance from time to time. Account holders can use the UMANG app, visit the EPFO portal, or even check their updated PF balance through missed call service. Therefore, keep an eye on your PF passbook, as the interest amount can come into your account any time!
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