EPF Pays 8.25%: Can You Withdraw via UPI Now?
The government has confirmed 8.25% interest on EPF deposits for this year. Plus, EPFO 3.0 is coming with ATM and UPI-based PF withdrawals — making your retirement savings easier to access in emergencies.
Your EPF earns more than a typical savings account (3-4%) — while you sleep.
Your EPF savings now earn this rate — higher than most bank FDs
Key Takeaways
Log in to the EPFO member portal or Umang app and verify your passbook to confirm the 8.25% interest has been credited to your account.
Ensure your EPF account has your correct bank account, Aadhaar, and mobile number linked — these are mandatory for UPI-based withdrawals under EPFO 3.0.
Avoid unnecessary EPF withdrawals before retirement — use the UPI/ATM feature only for genuine emergencies, as early withdrawal is taxable if service is under 5 years.
The government has confirmed 8.25% interest on EPF deposits for this year. Plus, EPFO 3.0 is coming with ATM and UPI-based PF withdrawals — making your retirement savings easier to access in emergencies.
Here's what happened: The central government has officially ratified 8.25% as the EPF interest rate for the current financial year, crediting millions of salaried accounts.. EPFO 3.0 is being rolled out with a major upgrade: members will be able to withdraw provident fund money directly via UPI and ATM cards.. The new system aims to reduce withdrawal delays from weeks to near-instant access, addressing a long-standing pain point for EPF members..
What you should do: Log in to the EPFO member portal or Umang app and verify your passbook to confirm the 8.25% interest has been credited to your account.. Ensure your EPF account has your correct bank account, Aadhaar, and mobile number linked — these are mandatory for UPI-based withdrawals under EPFO 3.0.. Avoid unnecessary EPF withdrawals before retirement — use the UPI/ATM feature only for genuine emergencies, as early withdrawal is taxable if service is under 5 years..
If you withdraw EPF before completing 5 years of continuous service, TDS at 10% is deducted — and it becomes fully taxable as income in your hands. Always check your service tenure first.
Check Your EPF Balance
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- [1]“Employees provident fund: 8.25% interest rate ratified, EPFO 3.0 to allow ATM, UPI withdrawal — Check new EPF rules here” mint - money · 20 Jun 2026
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