Is the release of new EPFO updates something you watch closely? The Employee Provident Fund Organization (EPFO) made a number of important updates in June 2025 for more than one crore employers and employees. The updates on PF balance, withdrawal conditions and return rate could help you make better financial plans. Tell us about the new guidelines EPFO has put out this month.
Revision in EPF Interest Rate
The Employees’ Provident Funds has revealed the interest rate for Provident Fund for 2024-25. For this year, interest will be charged at 8.25% which matches the rate from the previous year. On the other hand, certain experts think that the rate may continue to increase in the coming months. The decision was approved in the meeting of the EPFO Trustee Board which brought together government, employee and employer members.
Improvement in Online Enrollment Process
EPFO has made signing up for a new account on its website easier. Time for completing the initial login process, UAN and KYC verification has been reduced. It is now possible for Aadhaar and PAN to be linked automatically which will help you manage your PF account more easily.
Relaxation in Partial Withdrawal Rules
Since the outbreak of Kovid-19, EPFO made it easier for people to withdraw money from their emergency fund. Effective from June 2025, partial withdrawal rules have been relaxed for people facing medical emergency, buying a home or getting married. Labor members who have kept their account for at least 5 years can now withdraw up to 75% of their wages and DA.
New Guidelines on Higher Pension Option
EPFO has established some conditions for anyone wanting to contribute extra to the Higher Pension Scheme on a voluntary basis. Now, employees must contribute extra money to pension for at least 10 years if they wish to get a higher pension. Also, the length of service used for pension calculation is set at a maximum of 35 years.
Digital Facilities for EPF Withdrawal
EPFO has made its digital services better. Now members can apply and withdraw PF benefits online without documents. Besides, people can now see the status of their EPF claim details in real time.
Conclusion
These new changes by EPFO will benefit a huge number of employees. Stability of interest rates, more online access and a simple withdrawal policy will support the members better. If you are an EPFO member as well, change your financial plan after considering these updates.