PF Interest credited: For the financial year 2025, the annual account was to be updated for 13.88 lakh companies with 33.56 crore accounts, out of which interest money at the rate of 8.25 percent has been deposited in 32.39 crore accounts of 13.86 lakh companies till July 8.
PF Interest credited: Interest of 8.25 percent has been transferred to the accounts of 97 percent of the employees coming under EPFO (Employees Provident Fund Organization). Union Labor Minister Mansukh Mandaviya gave this information. The Union Minister said that this payment has been made to the employees for the financial year 2024-25. Let us tell you that these payments have been made in the accounts of the employees till July 8. Last year, for the financial year 2024, the process of depositing interest in the accounts of the employees started in the month of August, which was completed in December.
33.56 crore employees of 13.88 lakh companies got interest money
Union Minister Mandaviya said in a conversation with the media, “Now the process of payment of interest in the EPF accounts of the employees has been changed for faster processing, due to which the entire process has been completed in June itself.” For the financial year 2025, annual account update was to be done for 13.88 lakh companies with 33.56 crore accounts, out of which interest money has been deposited in 32.39 crore accounts of 13.86 lakh companies till July 8 at the rate of 8.25 percent.
Annual accounts of the remaining companies will be completed this week
The minister said, “This simply means that the update of annual accounts has been completed for 99.9% of the companies and 96.51% of the employees.” He said that it is expected that the annual accounts in the case of the remaining companies will also be completed within this week. Interest is credited to the accounts of EPF members every year by the EPFO after the announcement of the interest rate by the central government. For 2024-25, the Centre had approved the credit of 8.25 per cent interest for EPFO members on May 22. Accordingly, preparatory activities were immediately initiated and the update of annual accounts started from the night of June 6, 2025.
Most Read Articles:
- Atal Pension Yojana: Without these documents, you cannot apply for Atal Pension Yojana, check list here
- Bumper Returns: These 10 banks are giving up to 8.50% interest on 2-year FD; Check the latest rates
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
