The Employees Provident Fund Organisation has fixed the interest rate at 8.15% for financial year 2022-23 as per the press release. The Central Board recommended 8.15 % annual rate of interest to be credited on EPF accumulations in members’ accounts for the financial year 2022-23. There is a hike in the EPF account interest rate by 0.05%. Last year, the interest rate for EPF account was 8.10% for FY 2021-22.