EPFO Likely To Maintain 8.25% Interest Rate On PF Deposits – A Look At 8 Years Of Returns

The Employees' Provident Fund Organisation ( EPFO ) is expected to maintain the interest rate on provident fund (PF) deposits at 8.25% for the financial year 2024-25, similar to the previous year. The official announcement will be made on February 28, 2025, during the EPFO’s Central Board of Trustees (CBT) meeting.

EPFO Interest Rate Trends Over the Last 8 Years

Over the past eight years, EPF interest rates have fluctuated, impacting millions of subscribers. Here’s a look at the historical interest rates:

• 2016-17: 8.65%
• 2017-18: 8.55%
• 2018-19: 8.65%
• 2019-20: 8.50%
• 2020-21: 8.50%
• 2021-22: 8.10% (Lowest in 4 decades)
• 2022-23: 8.15%
• 2023-24: 8.25%

Key Highlights & Financial Performance

• EPFO processed over 50.8 million claims worth ₹2.05 lakh crore in 2024-25, compared to 44.5 million claims worth ₹1.82 lakh crore in the previous year.
• The investment and accounts committee is reviewing EPFO’s income and expenditure to propose an interest rate that balances competitive returns and financial stability.
• Over 65 million subscribers benefit from EPFO’s interest rate decisions.

Approval Process for EPFO Interest Rate