Over 323 Million EPF Members Receive Interest Credit: Here's How to Check Your PF Balance

There’s good news for millions of salaried employees across India! The Employees’ Provident Fund Organisation (EPFO) has started crediting interest to its members’ PF accounts for the financial year 2024-25. According to Union Labour Minister Mansukh Mandaviya, the interest credit process for EPF accounts will be completed this week, ensuring that crores of employees can see the updated balance in their passbooks.

The move comes after the central government approved an 8.25% interest rate on EPF deposits for the ongoing fiscal year — the same rate that was offered last year.

What Does This Mean for EPF Members?

For employees who contribute to the EPF scheme every month, the annual interest credit is a significant boost to their retirement savings. This year, over 323.9 million EPF members

out of a total 335.6 million have already had their accounts updated with the credited interest. That’s about 96.51% of the members, covering 99.9% of the registered establishments under EPFO.

Mandaviya, while speaking to the media on Tuesday, emphasized that the remaining accounts will be updated within the next few days. This means that by the end of this week, all eligible EPF subscribers should see their interest reflected in their accounts.

How Did This Process Start?

The Union Labour Minister explained that the central government had approved the 8.25% interest rate for FY 2024-25 on May 22, 2025. Following this approval, EPFO began crediting interest to members’ accounts from the night of June 6, 2025.

The EPFO traditionally updates passbooks only after receiving a nod from the Ministry of Finance. Once the approval is granted, the process of calculating and crediting the interest begins in phases to cover millions of accounts spread across lakhs of establishments.

Faster Processing This Year

This year, the interest crediting process has seen a significant boost in speed compared to previous years. For instance, for FY 2023-24, the interest credit process started in August and was only completed by December. However, for FY 2024-25, the EPFO has optimized its systems and processes, completing the bulk of the work by June itself.

This efficiency has been welcomed by employees who often complained about the long wait to see the interest credited to their passbooks despite the financial year having ended months earlier.

How to Check If Your EPF Interest Has Been Credited

Wondering if your account has been updated too? Checking your EPF balance is now easier than ever. Here are a few simple ways to track your account status:

Check via the EPFO Member Passbook Portal
Log in to the official EPFO passbook website using your UAN and password. You’ll be able to see your updated contributions and interest credited for the year.

Use the UMANG App
The UMANG mobile app offers EPF services under the ‘EPFO’ section. You can view your balance and download your passbook on the go.

SMS Service
If your UAN is registered with EPFO and linked to your bank account and Aadhaar, you can send an SMS in the format EPFOHO UAN ENG

to 7738299899. The last three letters indicate the language of communication — ‘ENG’ stands for English.

Missed Call Service
Give a missed call to 9966044425 from your registered mobile number to get an SMS with your EPF balance.

Why Is the EPF Interest Rate Important?

The EPF scheme is one of India’s largest social security initiatives, covering millions of salaried employees in the organized sector. A steady interest rate ensures that employees’ savings grow consistently, helping them build a sizeable retirement corpus.

The government’s decision to retain the 8.25% rate for FY 2024-25 reflects its commitment to providing a stable return, even amidst fluctuating market conditions. For context, this rate is significantly higher than the returns on many other small savings schemes, making EPF one of the most attractive and safest options for long-term savings.

Final Words: Don’t Miss Out — Check Your PF Today!

If you’re among the 32.39 crore employees whose accounts have already been updated, you should check your passbook to verify the credited amount. For those still waiting, rest assured — the Labour Ministry has confirmed that the remaining accounts will be updated within this week.

So, don’t wait! Log in to your EPFO portal, download your passbook, and make sure your hard-earned savings are earning you the interest they deserve.