New Delhi: Employees’ Provident Fund Organisation (EPFO) has started crediting 8.25 percent annual interest to members’ EPF accounts for the financial year 2024-25. If you're an EPF member, you can now check your updated balance online through your passbook.
Even if the interest is not visible yet, don’t panic. It might take a few more days. EPFO has not sent any official SMS or email yet, but many members are already seeing interest added to their passbooks.
Finance Ministry Approved the Interest Rate
The Finance Ministry had recently approved the 8.25% annual interest rate on EPF, which was earlier proposed in EPFO’s CBT (Central Board of Trustees) meeting in February 2025.
After this approval, EPFO began the interest credit process. There are around 8 crore EPF accounts in India.
How Is Interest Calculated on EPF?
Every month, both the employee and employer contribute to the EPF account.
Employee contributes 12 percent of basic salary.
Employer’s share is split – 8.33% goes to the pension scheme, and 3.67 percent to the EPF account.
EPFO calculates interest monthly, but it is added only after the financial year ends.
Interest is calculated using compound interest, and it is applied to both employee and employer contributions (except pension part).
Usually, interest appears in passbook between June and August.
How to Check If Interest Is Credited to Your Account?
Step 1: Visit epfindia.gov.in
Step 2: Go to – Our Services > For Employees > Member Passbook
Or directly go to passbook.epfindia.gov.in
Step 3: Login using your UAN, password and captcha
Step 4: You’ll see all your Member IDs (linked with previous and current employers)
Step 5: Click on the current Member ID to view the passbook
In the passbook, you’ll see employee contribution, employer contribution and interest credited, year-wise. You can also download it as PDF.
If your old employer’s Member ID is not merged, it may show zero balance. You can request a transfer on the EPFO portal.
What If Interest Is Not Visible Yet?
- Sometimes, even after interest is credited, it may take time to reflect in the passbook.
- Wait a few days and check again.
- If still not visible, you can register a complaint online or visit the nearest EPFO office.
Important Points About EPF Interest
Interest is given on the average balance of the year.
No interest is paid on the pension part of employer contribution.
If you’ve withdrawn your PF, you’ll still get interest on the remaining amount till the date of withdrawal.
If your annual contribution is less than ₹2.5 lakh, interest remains tax-free (as per old tax rules).
