Page 5 - Epfo

EPFO credits 8.25% interest for FY25: Check if yours is credited yet

EPF subscribers start seeing 8.25% interest for FY25 in passbooks, though there has been no official SMS/email yet. Here's how to check your account and what to know about delays.

EPFO auto claim: Get up to Rs 5 lakh from your pension account in 3 days

EPF members can now access funds faster for medical treatment, housing, education or marriage

EPFO increases auto settlement limit for advance claims to ₹5 lakh

The move allows EPFO's 75 million subscribers to withdraw advances for education, illness, marriage and housing without human intervention up to ₹5 lakh

EPFO raises advance withdrawal limit to ₹5 lakh from PF accounts

Union Labour Minister Mansukh Mandaviya on Tuesday announced raising the limit from Rs 1 lakh to Rs 5 lakh for auto-settlement of claims for advance withdrawal from employees' provident fund accounts. The move will enable members of retirement fund body EPFO to get their advance withdrawal claims of up to Rs 5 lakh settled within three days. At present, the limit through auto-settlement mode having three-day deadline is Rs 1 lakh. "The EPFO has increased auto-settlement limit for advance claims from Rs 1 lakh to Rs 5 lakh to facilitate faster fund access for EPFO members, especially in times of urgent needs," Mandaviya told reporters here. This major service enhancement is expected to benefit lakhs of members, he added. The Employees' Provident Fund Organisation (EPFO), which has more than 7 crore members, had first introduced online auto-settlement of advance claims during the COVID-19 pandemic to provide quick assistance to those facing financial crunch. Since then, the facilit

Inactive EPF account: Here's how to reactivate or withdraw your savings

Many salaried people forget old EPF accounts, leading to lost interest and hassle. Learn how to reactivate dormant EPF accounts and keep your retirement money working for you

Fresh formal hiring at 5 month high in April 2025, shows EPFO data

EPFO added 894,000 new subscribers in April, an 18.5 per cent rise from March, marking the strongest formal employment growth since the end of FY25 according to payroll data

EPFO adds 1.91 mn in April; youth, rejoiners, women boost numbers

Net additions under EPFO rose by 1.17 per cent in April 2025 over a year ago, driven by new youth subscribers, rejoining members and growing female participation

EPFO adds 1.9 million net members in April 2025, youth dominate entries

Retirement fund body EPFO added 19.14 lakh members on a net basis in April 2025, according to the payroll data released by the Labour Ministry on Sunday. This figure depicts a significant increase of 31.31 per cent over March 2025 and 1.17 per cent growth over April 2024, the ministry said in a statement. The Employees' Provident Fund Organization (EPFO) enrolled around 8.49 lakh new subscribers in April 2025, representing a 12.49 per cent increase over March 2025. This increase in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programmes, it stated. According to the data, a noticeable aspect is the dominance of the 18-25 age group. EPFO added 4.89 lakh new subscribers in the 18-25 age group, constituting a significant 57.67 per cent of the total new subscribers added in April 2025. New subscribers in the 18-25 age group added in the month show an increase of 10.05 per cent compared t

EPFO warns zonal and regional offices over delay in relieving transfers

EPFO has warned its offices that non-compliance with staff transfer orders will be treated as insubordination and attract severe disciplinary action under civil service rules

EPFO contribution mismatch? Here's how to sort out employer errors

Missing or incorrect employer contributions to your EPF can affect your retirement savings. Here's how to spot discrepancies and take action to fix them

EPFO settles nearly half of all claims within three days this fiscal

Retirement fund body EPFO settled nearly 50 per cent of claims, mainly withdrawal, within three days of filing this fiscal, a senior official said quoting data till June 5. The official stated that the proportion of such settled claims was about 39 per cent in 2024-25 at 2.34 crore. The Employees' Provident Fund Organisation (EPFO) has settled 68.96 lakh claims within 3 days between April 1, 2025 to June 5, 2025. The proportion of the claims settled within three days is expected to rise exponentially as EPFO will soon enhance the limit of automated claims settlement to Rs 5 lakh from the existing Rs 1 lakh, the official said. The official also said that the limit hike does not require approval of the Central Board of Trustees (CBT), the apex decision making body of EPFO. The official further explained that it can be done by the Central Provident Fund Commissioner, the executive head of EPFO. The CBT is headed by the Union Labour & Employment Minister with employers and trade unio

Deadline for EPFO's ELI scheme extended: Here's what you need to know

EPFO extends UAN activation deadline for ELI scheme to June 2025. Activate your UAN now to access life insurance and other EPF benefits.

Allow gig workers the option to choose between EPF and NPS schemes

If millions of gig workers are forced into EPF without the option of NPS, complaints about the system's inefficiencies will intensify as its shortcomings inevitably emerge

Forgot your UAN? Here's the step-by-step guide to recover it online

Lost access to your EPF? don't panic-here's a simple, step-by-step way to recover your UAN online and get back on track with checking your PF balance and managing your account

Got overlapping job dates?EPFO says your PF claim will not get rejected now

Pension manager says overlapping job dates won't derail transfer; claims will no longer be rejected

Govt keeps EPF rate at 8.25% for FY25: Here's what it means for you

At 8.25 per cent, EPF remains one of the most attractive debt-based investment instruments

Govt ratifies interest rate at 8.25% on employees' provident fund for FY25

The government has ratified the rate of interest on employees' provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit the annual interest accumulation in the post-retirement funds of over 7 crore subscribers. EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal. The approved rate of interest for 2024-25 was sent for concurrence of the Ministry of Finance. "Ministry of Finance has given concurrence to 8.25 per cent rate of interest on the EPF for 2024-25 fiscal year and labour ministry sent a communication regarding this to the EPFO on Thursday," a labour ministry official told PTI. Now the interest amount as per the rate ratified for FY25 will be credited into the accounts of over seven crore subscribers of EPFO. The decision on interest rate was taken at the 237th meeting of the central board of ..

Fresh formal hiring up 2% in March after three-month decline: EPFO data

EPFO saw a 2% rise in new subscribers in March, ending a 3-month decline. The 18-25 age group made up 59% of additions, signalling labour market resilience

Thinking of a partial EPF withdrawal? Here's a step-by-step guide

Learn how to apply for a partial EPF withdrawal with this easy, step-by-step guide. Understand the process, requirements, and what to do before you file your claim!

EPFO adds 1.45 million net members in March 2025, up 1.15% year-on-year

Retirement fund body EPFO added 14.58 lakh net members during March 2025, registering an on-year increase of 1.15 per cent, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organization (EPFO) enrolled around 7.54 lakh new subscribers in March 2025, representing a 2.03 per cent increase over February 2025 and 0.98 per cent year-on-year growth compared to March 2024, a labour ministry statement said. EPFO has released provisional payroll data for March 2025, revealing a net addition of 14.58 lakh members. The year-on-year analysis reveals an increase of 1.15 per cent in net payroll additions compared to March 2024, the statement said. This growth in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programs, it stated. As per the report, 4.45 lakh new subscribers were added in the 18-25 age group, constituting a significant 58.94 per cent of the tot