GPF Interest Rate from July to September 2020 is declared as 7.1%

F. NO. 5(2)-B(PD)/2020
Government of
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 13th July 2020

RESOLUTION

It is announced for general information that during the year 2020-2021, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven points one percent) w.e.f. 1st July 2020 to 30th September 2020. This rate will be in force w.e.f. 1st July 2020. The funds concerned are:

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1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

(Anjana Vashishtha)
Director (Budget)

View the official Circular

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