8.15% Interest Rate Approved for EPF Members’ Accounts (2022-23)

The Employees’ Provident Fund Organization (EPFO) has declared the rate of interest for the Employees’ Provident Fund (EPF) members’ accounts for the financial year 2022-23. The Ministry of Labour and Employment, Government of India, has approved an interest rate of 8.15% to be credited to the EPF accounts of each member.

This decision is made in accordance with the provisions under Para 60 of the Employees’ Provident Fund Scheme, 1952. All regional and zonal offices are instructed to take necessary actions to ensure the timely crediting of the declared interest to the respective members’ accounts.

Declaration of Rate of Interest for the Employees’ Provident Fund Members Account for the year 2022-23

File No.INV-11/2/2021-INV

(Web Circulation)

कर्मचारी भविष्‍य निधि संगठन
EMPLOYEES’ PROVIDENT FUND ORGANISATION
श्रम एवं रोजगार मंत्रालय, भारत सरकार
MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA
मुख्‍य कार्यालय / Head Office
भविषय निधि भवन, 14, भीकाएजी कामा प्‍लेस, नई दिल्‍ली-110066
Bhavishya Nidhi Bhawan, 14, Bhikaiji Cama Place, New Delhi- 110066

No. INV-11/2/2021-INV/2766

24 JUL 2023

To,

All ACC(HQ)/ACC- Incharge of Zonal Offices
All RPFC-I/ Officers-In-Charge, Regional offices.

Subject: Declaration of Rate of Interest for the Employees’ Provident Fund Members Account for the year 2022-23- regarding

Sir,

The Ministry of Labour and Employment, Government of India, has conveyed the approval of the Central Government under para 60(1) of Employees’ Provident Fund Scheme, 1952 to credit interest @ 8.15% for the year 2022-23 to the account of each member of the EPF Scheme as per the provisions under Para 60 of EPF Scheme, 1952.

  1. You are accordingly, requested to issue necessary instructions to all concerned for crediting the said interest to the members’ accounts.

(Authority: – Ministry of Labour and Employment letter no. R-11018/01/2023-SS-II dated 18.07.2023.)

Yours’ faithfully,

(MSKVV Satyanarayana)
Addl. Central P. F. Commissioner (Investment)

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