“Until July 8, curiosity has been credited in 32.39 crore member accounts throughout 13.86 lakh institutions. This interprets into completion of annual accounts replace for 99.9% of the institutions and 96.51% of the member accounts,” he stated.
“The method has now been optimized for sooner processing because of which your complete train has largely been accomplished in June itself,” he added.
This 12 months, curiosity on provident fund accumulation was due for 33.56 crore member accounts throughout 13.88 lakh institutions.
The curiosity for 2023-24 was credited into the beneficiary accounts in December 2024.
Curiosity is credited into the EPF members' accounts yearly after it's authorised by the central board of trustees of EPFO and ratified by the finance ministry. Based on the ministry of labour and employment, the approval of the central authorities for crediting of curiosity on the price of 8.25% on EPF accumulations for 2024-25 was conveyed on Might 22, 2025 following which the retirement fund physique began annual replace of accounts from June 6, 2025. “The annual accounts in respect of such remaining institutions shall even be accomplished inside this week,” the ministry added.
