8.25 Provide Fund value is kept for Friday.
On February 2024, Provident ‘Provident’ Provident ‘Provide Organisation (EPFFO) increased interest rate in EPF at 10,25% by 2023-24 percent, from 20,12 percent.
In March 2022, EPFO ​​has reduced interest in EPF by 2021-22 to 8% of 8.1 percent registered over seven percent, from 2020-21.
8.10 percent of the EPF at 2020-21 were very low since 1977-78, where the interest rate of EPF is 8 percent.
“The Apfe’s EPFE decisions for the Body Central Board of Trustee (CBT) has provided 8,25 percent of interest in EPF in 2024-25 at its meeting on Friday,” a source said.
The value of interest of 8.5 percent of the 2020-21 EPFs are determined by CBT on March 2021.
After CBT’s decision, the interest rate on EPF deposits in 2024-25 will be sent to the Synchronization Finance Service.
After government approval, interest rate in EPF in 2024-25 will be included in more than seven EPFO ​​accounts.
The EPFO ​​provides a measure of interest only after the government is allowed by the government for financial service.
In March 2020, the EPFO ​​has reduced the interest rate in the provident Fund deposit.
EPFFO has provided 8,65 interest rate for its subscribers in 2016-17 and 8.55 percent in 2017-18.
The level of interest is a little higher by 8.8 percent in 2015-16. The body of retirement fund has given 8 percent of the 8% of 2013-14 and 2014-15, higher than 8.5 percent in 2012-13.
The level of interest was 8.25 percent in 2011-12.
