If you're wondering whether the interest for your EPF (Employees’ Provident Fund) account has been credited, there's good news. The Employees’ Provident Fund Organisation (EPFO) has started depositing interest for the financial year 2024–25 into members' accounts. While no official SMS or email notification has been sent yet by EPFO, many users have already noticed that the interest amount has reflected in their passbooks.
Recently, the Ministry of Finance approved an interest rate of 8.25% on EPF deposits for the fiscal year 2024–25. This decision follows the proposal made in February 2025 by EPFO’s Central Board of Trustees (CBT). Now that the rate has official sanction, the crediting process is underway across approximately 8 crore EPF accounts nationwide.
How Much PF Is Deducted from Your Salary?
Both the employee and employer contribute to the EPF account every month. Here's how it works:
Employee Contribution: 12% of the employee’s basic salary is directly deposited into the EPF account.
Employer Contribution: The employer’s share is split into two components:
8.33% goes into the Employee Pension Scheme (EPS)
3.67% is added to the EPF account
This monthly contribution helps build a long-term savings pool for employees, which is further enhanced with annual interest earnings.
How Is Interest on PF Calculated?
Interest on your EPF account is calculated monthly but credited annually—usually after the end of the financial year. EPFO applies compound interest on both the employee and employer’s contributions (with a few exceptions, such as the EPS portion, which doesn’t earn interest).
While the interest is credited for the entire financial year, it generally becomes visible in the EPF passbook between June and August.
How to Check If EPF Interest Has Been Credited?
You can easily check if your EPF interest has been credited by following these simple steps:
Visit the official EPFO website:
Go to https://www.epfindia.gov.in
Navigate to the Member Passbook:
Click on ‘Our Services’
Select ‘For Employees’
Then click on ‘Member Passbook’
(Alternatively, you can go directly to: https://passbook.epfindia.gov.in)
Log in with your credentials:
Enter your UAN (Universal Account Number)
Input your password and captcha code
Click on ‘Login’
View your passbook:
Once logged in, you’ll see a list of all your Member IDs (linked to past and present employers)
Click on your current Member ID to open and view your EPF passbook
The credited interest amount should appear in the transaction history
Why Is It Important to Check Your Passbook?
Your EPF passbook is a detailed record of your monthly contributions and accrued interest. It helps you:
Track how much your savings have grown
Verify that your employer is regularly contributing
Monitor the interest credited annually
Plan withdrawals or loans against your EPF balance wisely
With nearly 80 million active EPF accounts, timely verification ensures you’re not missing out on benefits due to clerical errors or delayed credits.
Final Thoughts: Stay Alert and Stay Updated
The 8.25% interest for FY 2024–25 is one of the better returns among fixed-income government schemes. If you’re a salaried employee, checking your EPF passbook regularly is essential—not just to see the interest amount, but to ensure all monthly contributions are being deposited as expected.
As India moves further toward digital financial literacy, tools like the EPFO portal and mobile apps provide greater transparency and control to users. So don’t wait—log in, check your passbook, and stay on top of your retirement savings today.
