What is Provident Fund Rate of Interest for Govt Employees?

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The provident fund rate of interest is 8% for the period from 01 April 2011 to 30 Nov 2011, and it will be 8.6% with effect from Dec 2011. This data has been taken from CDA(o) Pune website where it lists these rates of interest for defence services officers and their provident fund is called as DSOPF i.e. Defence services officers provident fund.

In one of the sharpest-ever interest rate reduction, the Employees Provident Fund Organization (EPFO) has slashed the return on statutory savings to 8.25 per cent for the current fiscal from 9.5 per cent last year, on cues from finance minister Pranab Mukherjee. However this rate is likely to be raised to 8.6%.

The readers are requested to leave the latest rates of interest as and when it changes in the below comments form to be abreast with the latest happening in the sector for the employees from govt and civil sector.

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