As per EPFO Circular No. INV-11/1/2020-INV/2025 Ministry of Labour and Employment, Government of India conveyed the approval of Central Government to credit interest at 8.50% for the year 2019 -20, to the account of each member of the EPF Scheme as per provisions under Para 60(1) of EPF Scheme, 1952
Retirement fund body EPFO is likely to credit 8.5 per cent rate of interest for 2019-20 in the employees’ provident fund ( EPF ) accounts of around six crore subscribers in one go by the end of December.