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EPF Interest Rate 2012-13 : Rate Of Interest On EPF Has Been Raised To 8.5%

EPF Interest Rate 2012-13 : The interest rate on Employee Provident Fund (EPF) scheme will be increased to 8.5% for the current financial year i.e for 2012-13. This change in interest rate in EPF from 8.25% to 8.5% will benefit around 5 to 6 crore people across the country. The Central Government revises rate of interest on EPF scheme every year in the month of March/April depending upon the revenues. This year Labour Minister Mallikarjun Kharge announced 0.25% increase in the EPF interest rate in the Rajya Sabha.


Old Rate Of Interest

New Rate Of Interest

Change In Interest Rate

2012-2013 8.25% 8.6% + 0.35%
2011-2012 9.5% 8.25% – 1.25%
2010-2011 8.5% 9.5% + 1.0%

As you can see in the above table, the rate of interest on EPF has first increased for the year 2010-11 from 8.5 to 9.5% and then decreased from 9.5% to 8.25% for the year 2011-12. As per the latest announcement on EPF interest rate for the financial year 2012-13, the government of India has increased the rate of interest from 8.25% to 8.5%. This increase of 0.25% for the year 2012-13 will benefit all covered under EPF scheme.


The interest of EPF gets credited to the members account on monthly running balance with effect from the last day in each year. The rate of interest for the year 2012-2013 is 8.5%.

Employee Provident Fund Organization (EPFO), is a statutory body of the Government of India, who manages EPF fund by depositing these funds in life time banking scheme to provide retirement benefits (primarily) to the employee. The rate of interest of EPF scheme varies depending upon the returns incurred from these deposit scheme i.e revenues of the EPFO.

Also Read : How To Check Employee Provident Fund (EPF) Balance Online?

Also Read : Withdraw Employee Provident Fund (EPF)-Check Procedure & Tax Exemptions

Also Read : Download EPF Forms In India For The Withdrawal Of Employee Provident Fund Directly From EPFO

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