EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23


EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23.

Last year, EPFO had declared 8.1% as the rate of interest for 2021-22, which is the lowest in four decades. The last time the interest rate slipped to 8% was in 1977-78.


I feel that for this year atleast they could have increased interest rate to 9% as some private banks are already giving 8% interest rate 🥴

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Cool Cool
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Can we check how much Intrest earned till date?

Helpful Helpful
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dlhntr wrote:

Can we check how much Intrest earned till date?

You can check in your epfo passbook 

Deal Lieutenant Deal Lieutenant
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+ there is tax applicable on pf interest if contribution is more than 2.5 lakh
Deal Cadet Deal Cadet
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This is for 2022-23 FY right? Hopefully next FY it will shoot up like crazy.

Deal Subedar Deal Subedar
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KingRocks wrote:

Yeah 7.1 it is ..less than FD rate 🥴

PPF Interest is tax free

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