
Fri Feb 28 06:50:20 UTC 2025: ## EPFO Retains 8.25% Interest Rate on EPF Deposits for 2024-25
**New Delhi, February 28, 2025** – The Employees’ Provident Fund Organisation (EPFO) will maintain an 8.25% interest rate on employee provident fund (EPF) deposits for the financial year 2024-25. This decision was made by the EPFO’s Central Board of Trustees (CBT) on Friday and will now be sent to the Ministry of Finance for approval.
This rate is consistent with the rate offered for 2023-24, a slight increase from the 8.15% offered in 2022-23. However, it represents a fluctuation compared to previous years, with rates ranging from a low of 8.1% in 2021-22 (the lowest in over four decades) to a high of 8.8% in 2015-16. The decision will impact over seven crore EPFO subscribers. Once the Ministry of Finance gives its concurrence, the updated interest will be credited to the accounts of these subscribers.