In good news for millions of salaried employees across country, the Employees’ Provident Fund Organisation (EPFO) has announced an 8.25% interest rate for the financial year 2024–25. This makes EPF one of the most rewarding and trusted retirement savings options available in the country today.

The Finance Ministry recently perked this recommendation from EPFO’s Central Board of Trustees, securing the new rate applies to all grants made between April 1, 2024, and March 31, 2025. For over 7 crore subscribers, this means their hard-earned savings continue to grow with consistent and safe returns.

To put it simply, if your EPF balance is ₹1 lakh, you will earn ₹8,250 in annual interest, roughly ₹687 per month. A balance of ₹10 lakh would earn ₹82,500 over the year. These returns are tax-free (as long as you're within the contribution limits), making them even more attractive for long-term financial planning.

Though some users may witness delays in the crediting of interest, EPFO makes sure that no one loses out. Once credited, the interest is backdated, so the earnings remain intact. Subscribers can easily check their updated balance through the EPFO portal, UMANG app, SMS, or missed call services.

This steady interest rate of 8.25% further boosts EPF’s image as a safe savings tool, especially for those planning for retirement or long-term needs. In a time when market-linked assets can be uncertain, EPF continues to offer peace of mind with government-backed security, yearly compounding, and depends on growth. For crores of Indians, it’s more than just a deduction on the salary slip it’s a lifeline for future stability.