EPF Interest Rate upto 2020 to Calculate your EPF Earnings

Let’s find the EPF Interest rate announced by central board of trustees from 1952 to 2019 financial year, and check how EPFO decides the interest rate for inactive account, also find which amount is taxable…

EPFO interest rate is regulated by the central government in consultation with the central board of trustees, EPF interest rate keeps on changing from time to time since the financial year 1952 when it was first launched.

For the past decades, the interest rate has been ranging from 8-12%, and the accounts for the EPF starts from March and ends in the February month of next year, While the interest for the year is credited in the April of next financial year, where the interest rate for the year uses average monthly balance method.

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If the EPF account of the person remains inactive for three years, then the EPF account holder will get the interest on the amount, but the interest earned on that would be taxable for that year.

Let us see how the EPF interest rate is announced every year as on date by the Government of India, where EPFO decides the interest rate based on the surplus amount the government has which is difference between the incomes generated by the government over the expenses incurred, Have a look at the rate of interest.

EPFO Interest Rate History in India

Financial Year EPF Interest Rate in %
2019 – 2020 8.5
2018-19 8.65
2017-18 8.55
2016-17 8.65
2015-16 8.80%
2014-15 8.75%
2013-14 8.75%
2012-13 8.50%
2011-12 8.25%
2010-11 9.50%
2009-10 8.50%
2008-09 8.50%
2007-08 8.50%
2006-07 8.50%
2005-06 8.50%
2004-05 9.5% (@9% Interest plus 0.5% Golden Jubilee bonus interest)
2003-04 9.50%
2002-03 9.50%
2001-02 9.50%
2000-01 12% and 11%
1999-00 12%
1998-99 12%
1997-98 12%
1996-97 12%
1995-96 12%
1994-95 12%
1993-94 12%
1992-93 12%
1991-92 12%
1990-91 12%
1989-90 12%
1988-89 11.80%
1987-88 11.50%
1986-87 11%
1985-86 10.15%
1984-85 9.90%
1983-84 9.15%
1982-83 8.75%
1981-82 8.50%
1980-81 8.25%
1979-80 8.25%
1978-79 8.25% + 0.5% bonus (Bonus is applicable for members who did not withdraw any EPF amount from their EPF Account during the financial year 1976-1977 & 1977-1978)
1977-78 8%
1976-77 7.50%
1975-76 7%
1974-75 6.50%
1973-74 6%
1972-73 6%
1971-72 5.80%
1970-71 5.70%
1969-70 5.50%
1968-69 5.25%
1967-68 5%
1966-67 4.75%
1965-66 4.50%
1964-65 4.25%
1963-64 4%
1962-63 3.75%
1961-62 3.75%
1960-61 3.75%
1959-60 3.75%
1958-59 3.75%
1957-58 3.75%
1956-57 3.50%
1955-56 3.50%
1954-55 3%
1953-54 3%
1952-53 3%

The above are the confirmed interest rates accrued by the EPF account holders after announcement for that financial year indicated, If found anything wrong in your EPF balance slip or Passbook related to interest accrued, then you may approach concerned regional office immediately to resolve the error.

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