ArdorComm Media News Network
June 23, 2026
The central government has officially approved an 8.25% interest rate on Employees’ Provident Fund (EPF) deposits for the financial year 2025-26, keeping the rate unchanged for the third consecutive year. As per government officials, the interest amount is expected to be credited to more than 70 million contributing subscribers by the end of this month.
The decision comes after approval by the Central Board of Trustees (CBT), the apex decision-making body of the Employees’ Provident Fund Organisation, with final clearance now granted by the finance ministry.
In a significant push towards digital convenience, the government has also approved UPI-based withdrawals under the upcoming EPFO 3.0 platform. This new feature will allow EPF subscribers to access their provident fund savings directly through UPI apps and ATMs, making the withdrawal process quicker and reducing dependency on paperwork.
The labour ministry is expected to officially notify these reforms by the end of the month, paving the way for a more streamlined and digitally enabled EPF ecosystem for millions of workers across India.
Source: Economic Times