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EPFO Credits ₹1.44 Lakh Crore Interest at 8.25% to 34 Crore Accounts on July 15

EconomySocial IssuesPolityCORE
Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
16 Jul 2026
~2 min
Source: The Hindu
Key Data:34 crore accounts8.25% interest rate₹1.44 lakh crore interestJuly 15, 2026CITES project
Bodies:EPFOUnion Finance MinistryCentral Board of TrusteesMinistry of Labour and Employment
Practice MCQs from today's news ▸
What This Article Covers

1.EPFO credited interest on July 15, 2026, simultaneously to all 34 crore accounts for the first time.

2.Interest rate of 8.25% was approved by the Union Finance Ministry based on CBT recommendation.

3.CITES project enabled auto-processing and verification, reducing the usual delay from months to one day.

The Big Picture
Prelims · HighMains · Medium

For the first time, EPFO credited interest for FY 2025-26 to all 34 crore accounts in one go on July 15, 2026, at 8.25% interest rate, amounting to ₹1.44 lakh crore. This was made possible by the CITES project, which digitized and centralized the database, enabling auto-processing and early credit.

Exam Lens

Quick Exam Facts From News

Interest Rate8.25%
Total Accounts34 crore
Total Interest Amount₹1.44 lakh crore
Date of CreditJuly 15, 2026
ProjectCITES (Centralised IT Enabled Services)

1-Minute Revision

  • ›Interest Rate: 8.25%
  • ›Total Accounts: 34 crore
  • ›Target this Data: 34 crore accounts, 8.25% interest rate, ₹1.44 lakh crore interest, credited on July 15, 2026.
  • ›Target this Nodal Body: EPFO (under Ministry of Labour and Employment).
  • ›Target this Legal Point: Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (EPF Act).

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Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which ministry is responsible for the oversight of the Employees' Provident Fund Organisation (EPFO)?

Q2Statement-basedHard

Consider the following statements regarding the EPFO interest credit:

1. Interest for FY 2025-26 was credited to all 34 crore accounts on July 15, 2026.

2. The interest rate for FY 2025-26 was 7.25%.

3. The total interest credited amounted to ₹1.44 lakh crore.

Which of the statements given above is/are correct?

Q3Data-centricMedium

What was the EPF interest rate declared for the financial year 2025-26?

Q4Application/ImpactMedium

What is the primary objective of the Centralised IT Enabled Services (CITES) project implemented by EPFO?

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