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These EPF members have started receiving interest payments for FY 2023-24: How to check

Updated on: Jul 12, 2024 09:20 am IST

EPFO said that members' interest rates are not disclosed on quarterly basis but after the end of financial year in the first quarter of ensuing financial year.

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The Employees’ Provident Fund Organisation (EPFO) said that revised EPF Interest rates are already being paid to outgoing members in their final PF settlements. Owing to this, EPF members who are retiring are already getting interest along with their PF settlements.

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EPF members who are retiring are already getting interest along with their PF settlements.

The EPFO also said, “The rate of interest for EPF members is not declared quarterly. Annual rate of interest, in general, is declared after the end of financial year in the first quarter of ensuing financial year. Accordingly, rate of interest for the Financial Year 2023-24 @ 8.25% for EPF members had already been approved by Government of India & notified by EPFO on 31-05 2024. The interest at the above revised rates is already being paid to outgoing members in their final PF settlements.”

How can you check EPF balance on Umang app

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You can check PF balance at home using the Umang application using these steps:

 
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