EPFO Cuts Interest Rate from 8.8 percent to 8.65 percent Retirement fund body, Employees Provident Fund Organisation (EPFO) on December 19, 2016, reduced interest rate on employee provident fund (EPF) deposits to 8.65 per cent for 2016-17 from the current 8.8 per cent.EPFO’s apex decision making body, the Central Board of Trustees (CBT), headed by the Labour Minister took the