Overview
- The Employees' Provident Fund Organisation (EPFO) will credit an 8.25% interest rate to over 7 crore subscriber accounts for FY25.
- The decision was finalized after the Ministry of Finance concurred with the EPFO Central Board of Trustees' February recommendation.
- This marks the second consecutive year the interest rate has been maintained at 8.25%, reflecting a focus on predictable and stable returns.
- EPF interest rates have seen fluctuations over the past decade, with a low of 8.1% in FY22 and marginal increases in subsequent years.
- Compared to other fixed-income instruments, EPF continues to offer relatively high, tax-efficient returns, boosting post-retirement savings.