PF Interest: Is happy for salaried employees across the country. The government has submitted an interest rate of 8.25 % before the scheduled time in 96.51 percent Employees Provident Fund (EPF) account for financial year 2024-25. The government had fixed an interest rate of 8.25 percent for the current financial year on 22 May, 2025. The process of depositing interest has increased compared to earlier. Where in earlier years, PF was deposited in the interest account between August and December. At the same time, this time this process started in June itself.

Money sent to the account of crores of subscribers

According to Union Labor Minister Mansukh Mandavia, the Employees Provident Fund Organization (EPFO) will complete the work of depositing the remaining amount by the end of this week, which will benefit crores of employees across the country. This means that if you are a working professional and you have a PF account, then your latest interest installment may have already deposited or will be deposited soon. He said, “The annual account was to be updated for 13.88 lakh companies with 33.56 crore accounts for FY 2025 this year, out of which till July 8, 32.39 crore accounts of 13.86 lakh companies have been deposited at the rate of 8.25 % in the accounts. That is, the work of updating the annual accounts for 99.9 percent companies and 96.51 percent employees has been completed.

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Employees Provident Fund is a popular retirement saving scheme for employees. It contributes to the employee and employer (the person or institution who hits a person and gives them salary or wages). Every month, some amount is cut off from your salary and accumulates in this fund, and interest is also available on it. After retirement, they have a support for employees, which they use according to their needs. The special thing about EPF is that at the time of retirement, one gets a lump sum and if the employee dies, then the person who has made a nominee in it gets the full amount. Let us tell you why it is necessary to get e-nomination in EPF and what is the benefit from it?

Why e-nomination is necessary?

If you get e-nomination in EPF, then it is very easy to take advantage of all the facilities related to EPF. If there is any kind of accident with you and you die in it, then your PF and pension money gets directly to the nominee. At the same time, online helps immediately through easy claim without any trouble or office. The nominee, who takes the benefit of pension, does not need to show repeated certificates to get pension. The person you have made a nominee, is given the benefit of all facilities safely and without any hassle. If you want that the person you have nominated in the future has no problem, then it is very important for you to take e-nomination in EPF. For this, you can register by visiting the website of labourministry.

How to do e-nominations through EPFO ​​portal?

To enroll, you have to go to the EPFO ​​Member E-Siwa portal. From there you have to login with UAN and password. After this, go to the ‘Manage’ tab for e-nomination and click on ‘E-Nomination’. Go to ‘Enter New Nomination’ and give family information. Choose Yes/NO from here. After this, upload and save the information of the nominee, photo. Enter the share percentage and save EPF nomination. E-sign by going to ‘Pending Nomination’. In the last you have to confirm with OTP by entering Aadhaar virtual ID. You can add more than one nominee to it and how much their share will be different can also be separated.

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