In a surprise move, the Employees’ Provident Fund Organisation (EPFO) has credited the 8.25 per cent interest rate for the financial year 2024-25 to around 97 per cent of their members’ accounts as of July 8. “The process has now been optimised for faster processing, due to which the entire exercise has mostly been completed in June itself,” Union Labour Minister Mansukh Mandaviya was quoted as saying by reports.