EPF interest: The Employees Provident Fund (EPF) interest for FY26 is set to be credited this month by 15 July, calculated at the rate of 8.25% per annum. Notably, the interest rate per month works out to around 0.688% per month, according to a report by Clear Tax.<\/p>\n
Ahead of this, we take a look at how to calculate your monthly EPF earnings<\/a> at the 8.25% p.a. and also provide a stepwise guide for you to check your closing balance online via the e-passbook facility on the EPFO website.<\/p>\n EPF interest: How is the interest earned calculated?<\/p>\n The EPF interest rate<\/a> is applicable for all contributions made during a financial year (FY26 in this instance) and is calculated monthly based on the closing balance for that month. Notably, interest earned on EPF contributions is usually tax-exempt \u2014 up to \u20b91.5 lakh under Section 80C of the old tax regime.<\/p>\n However, if you choose to contribute towards voluntary provident fund (VPF<\/a>), and if your total annual contribution (Employee’s 12% + VPF) exceeds \u20b92.5 lakh, interest earned on the excess amount (above \u20b92.5 lakh threshold) is subject to income-tax at your slab rate.<\/p>\n According to the Clear Tax report, your employer’s 12% contribution towards provident fund is divided 3.67% towards EPF and 8.33% towards EPS (pension), the latter of which does not provide interest. Thus, for a month, EPF interest can only be calculated on a portion of the contribution, as follows:<\/p>\n For basic salary and DA <\/a>of \u20b950,000 per month:<\/p>\n Here’s how to check EPF interest credit, passbook<\/p>\n To check your EPF interest credit details, log into the official EPFO portal and navigate to your EPF passbook<\/a>. Once interest if deposited, the last credit will show as \u2018interest updated up to 15\/07\/2026\u2019.<\/p>\n Visit the EPFO India website and login.In the top navigation bar, click the \u201cView\u201d tab.From the dropdown, select \u201cPassbook\u201c.Log in to the passbook portal using your UAN <\/a>and the same password.Your Member IDs appear as a list (of different companies). Click \u201cView Passbook\u201d next to the relevant Member ID to view the full transaction history.To save a copy, click the \u201cDownload PDF\u201d button at the top right of the passbook page.<\/p>\n Notably, members also have the facility to view and download their PF passbook via the Umang <\/a>app.<\/p>\n EPF interest payment to be credited by 15 July \u2014 Details<\/p>\n Union Labour Minister Mansukh Mandaviya on 8 July said the EPFO <\/a>is processing interest payment on provident funds of 34 crore members for FY26. You can check your balance for the same by next week, on 15 July (Wednesday). The total interest is estimated to exceed \u20b91.4 lakh crore.<\/p>\n The interest will be auto-processed and then verified by field authorities before being credited to the member account balances and will reflect in your passbook by 15 July, he added.<\/p>\n Speaking to reporters, the minister said that online access of PF accounts<\/a> has been enabled with the implementation of 2.01 CITES (centralised IT-enabled services), a project designed to enhance convenience, operational efficiency, and transparency.<\/p>\n