EPFO: If your PF is also deducted then there is big good news coming, this time you will get this much benefit

If you're employed and your provident fund is deducted, you'll soon receive some good news. The government is set to increase provident fund interest rates for the financial year 2025-26. 

It's believed the government may increase the interest rate on PF to 8.75% this time. This increase could directly benefit 80 million PF account holders.

Currently, the interest rate on provident funds is 8.25%. This is for the financial year 2024-25. This could be increased to 8.75% this time. 

This means a direct increase of 50 basis points. If this increase occurs, let us tell you how much interest rate benefit you will receive.

Good news is coming soon

The government credits the interest earned on your PF to your account every year. This time, it's expected that the government will credit the entire year's interest to your account soon. 

It's believed that a final decision on this matter may be made in January. An increase in interest rates directly impacts your provident fund, meaning a large lump sum is deposited into your account. 

Now, assuming you have ₹5 lakh in your account, you'll receive a direct benefit of approximately ₹40,000 to ₹42,000 in interest.

When will it be implemented

This proposal is likely to be discussed in the upcoming meeting of the EPFO's Central Board of Trustees (CBT), after which the interest rates will be approved. 

This will be the final decision at the meeting. To learn how much interest rates will increase and how much you will benefit, TV9 spoke exclusively with an expert. 

The expert explained how and how much you will benefit. For complete details, you can watch the video below. This video explains every aspect of PF in detail.

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