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EPFO had hiked the interest rate on deposits to 8.25 percent for FY24 from 8.15 percent during the previous year The Employees' Provident Fund Organisation (EPFO) on April 24 said it is in the process of allocating increased interest for the provident fund deposits made during the financial year 2023-24. EPFO had hiked the interest rate on deposits to 8.25 percent for FY24 from 8.15 percent during the previous year. Members of the fund are eagerly awaiting the payment of the increased amount for FY24 as it is expected to be higher compared to FY23. Story continues below Adver...