EPFO: How much interest are you getting every year on Provident Fund, check this from home

For working people in India, PF is a reliable savings. Small amounts are deposited every month, and over time, this accumulates into a substantial fund. 

However, many people don't know how much interest is accruing to their PF account each year and how to check it from home. 

The government is also considering increasing the interest rate for the new financial year (2025-26), which could be great news for millions of employees.

Interest rate for 2024-25 is 8.25%

For the financial year 2024-25, EPF is offering an interest rate of 8.25%. This is the same rate as last year. Interest is paid on deposits made between April 1, 2024, and March 31, 2025. The EPFO ​​is expected to decide on the interest rate for 2025-26 around February 2026.

How to check your PF balance sitting at home

Checking your PF account balance is now very easy, and you can use several methods to do so.

missed call service

Give a missed call to '011-22901406' from your UAN registered mobile number and you will receive your balance and other details via SMS within seconds.

Balance check through SMS

Type EPFOHO UAN ENG in the message box and send it to 7738299899. You can also get balance information in the language of your choice.

Umang App

Open the Umang app – select the EPFO ​​section – click on 'View Passbook'. You can view the complete passbook by entering your UAN and OTP.

Conditions to become an EPFO ​​member

Currently, the upper salary limit for joining the EPFO ​​scheme is ₹15,000. This means that employees with a basic salary of up to ₹15,000 and DA are compulsorily enrolled in the PF. 

A change in this limit is being considered to allow more people to benefit from the pension system. The change could strengthen the future pensions of many private sector employees.

How is PF deducted and where does the money go?

The PF deduction from your salary is equal to 12% of your basic pay and dearness allowance. This amount goes directly to your PF account. Your employer also contributes 12%, but not all of it goes into the PF fund. 

Of this, 8.33% is deposited into the EPS (Pension Fund) and 3.67% into the EPF (Provident Fund). There is a limit on the amount that can be deposited into the pension fund to ensure long-term sustainability.