Regarding declaration of Rate of Interest for the EPF Members Account for the year 2019-20
No. INV- INV-11/1/2020-INV/2025
All Regional Provident Fund Commissioners,
Date: 04 JAN 2021
Sub: Declaration of Rate of Interest for the Employees’ Provident Fund Members Account for the year 2019-20 – regarding
The Ministry of Labour and Employment, Government of India, has conveyed the approval of the Central Government under para 60(1) of Employees’ Provident Fund Scheme, 1952 to credit interest @ 8.50 % for the year 2019-20 to the account of each member of the EPF Scheme as per the provisions under Para 60 of EPF Scheme, 1952.
2. You are accordingly, requested to issue necessary instructions to all concerned for crediting the said interest to the members’ accounts.
(Authority: – Ministry of Labour and Employment letter No.R-11018/ 1/ 2017 -SS-II Dated 31st December, 2020).
REGIONAL P.F. COMMISSIONER – I (INVESTMENT)