InvestorQ : I heard the EPF rates have increased? Is it true? What is the latest EPF interest rate?
Ashoka Patkar made post

I heard the EPF rates have increased? Is it true? What is the latest EPF interest rate?

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simran Kaur answered.
1 year ago
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Yes, its true. The EPF interest rates have increased.

The hike in Employees Provident Fund (EPF) interest rate to 8.65% has been ratified by the Finance Ministry as approved by retirement fund manager EPFO.

According to news reports, a labour ministry official said, “The Department of Financial Services has accepted the EPFO rate hike and given its concurrence for a higher interest pay-out."

On 21 February, the central board of the EPFO had announced an increase in the EPF interest rate to 8.65% in 2018-19, and the same has been ratified by the Finance Ministry.

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