return to news
  1. EPF interest credit update: 34 crore accounts processed; final verification, approval next

Personal Finance News

EPF interest credit update: 34 crore accounts processed; final verification, approval next

rajeev kumar

2 min read | Updated on July 10, 2026, 12:15 IST

SUMMARY

Earlier this month, Labour and Employment Minister Mansukh Mandaviya had said EPF members will be able to seen interest credited to their passbooks by July 15.

epf interest payment update 2026

CITES 2.01 is the upgraded Centralised IT-Enabled Services platform of EPFO.

The Employees Provident Fund Organisation (EPFO) has commenced the annual account processing for the year 2025-26 in the newly migrated CITES 2.01 for crediting EPF interest at 8.25% to all member accounts.

Open FREE Demat Account within minutes!
Join now

The provident fund body has also completed the annual processing of 34 crore member accounts in CITES 2.01 and made them available for final verification and approval.

In a circular dated July 9, 2026, EPFO said, "The annual accounts processing for the year 2025-26 has commenced in the newly migrated CITES 2.01 for crediting interest @8.25% to all the member accounts."

"...the processing in the computer system has already been completed for nearly around 34 crore accounts and the same has been made available to the field offices for final verification and approval in CITES 2.01," it added.

The circular further asked officials to ensure that the pending accounts are promptly credited with interest.

"Accordingly, with a view to ensure prompt interest credit for 2025-2026, all OICs are hereby advised to task the AOs/EOs also in addition to the APFCs and ensure that the pending accounts are promptly credited with interest..." the EPFO said.

CITES 2.01 is the upgraded centralised IT-enabled services platform of the Employees' Provident Fund Organisation (EPFO). This module has been introduced within the Unified Portal to enhance efficiency, transitioning EPFO from decentralised databases to a centralized system with streamlined processes for claim settlements and payments.

Earlier this month on July 8, Labour and Employment Minister Mansukh Mandaviya said the annual interest for FY26 will be auto-processed and then verified by field authorities before being credited to the member accounts.

EPF members will be able to view the interest credit in their passbook by July 15, he had added.

For all personal finance updates, visit here

About The Author

rajeev kumar
Rajeev Kumar is a Deputy Editor at Upstox, and covers personal finance stories. In over 11 years as a journalist, he has written over 2,000 articles on topics like income tax, mutual funds, credit cards, insurance, investing, savings, and pension. He has previously worked with organisations like 1% Club, The Financial Express, Zee Business and Hindustan Times.

Next Story