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EPFO final PF withdrawal rule: How is your interest calculated up to the payment authorisation date?
Mint 1 hr ago·25 Sept 2026, 5:36 pm
The Employees' Provident Fund Organisation (EPFO) has clarified a key rule for final withdrawals. Interest is now calculated up to the date the final payment is authorised, not the date the claim was submitted. This change ensures members receive interest on the amount for the full period the money was in their account.
This update is beneficial for investors and employees planning to close their accounts. It means they will earn interest for the full duration of their tenure, maximizing their returns. The new rule applies to all final settlement claims processed by the EPFO.
Investors should ensure their claims are processed correctly to benefit from this rule. It is important to submit all required documents on time to avoid delays in payment authorisation. This clarity helps in better financial planning for retirement.
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