What is the Current GPF rate of interest?

 

As per the sooner notification launched by The Budget Division of the Department of Economic Affairs, beneath the Ministry of Finance, the fund accumulation on the credit score of subscribers of the General Provident Fund (GPF) and different related funds would offer a rate of interest of seven.9% for the interval January to March 2020.

However, the Government of India has revised the rate of interest on GPF once more for the interval between 1 April 2020 and 30 June 2020 within the monetary year 2020-21 (April-March). In this era, it’s going to fetch a rate of interest of seven.1% for all of the subscribers to the General Provident Fund and different related funds.

 

Knowing concerning the previous rate of interest of the General Provident Fund will enable you to research the sample of revision by the federal government. If you’re an authorities worker and wish to open an account beneath the GPF scheme, the year-wise checklist of GPF charges of curiosity can assist you to make the choice rapidly. All the federal government staff ought to pay attention to any adjustments in General Provident Fund Interest Rate because it impacts their cash and their future immensely.

GPF Interest Rate Year-wise List