Sunday, May 22, 2022

PF Update Interest On EPF Deposits Fixed At 8.1%; Lowest Since Decades

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PF Update: Interest On EPF Deposits Fixed At 8.1%; Lowest Since Decades, Deposits made in provident funds will fetch an interest rate of 8.1 per cent in the current financial year 2021-22, the Employees’ Provident Fund Organization announced on Saturday.

PF Update ,“EPFO fixes 8.1 pc as rate of interest on EPF deposits for 2021-22”.

The interest rate in the last fiscal was kept at 8.5 per cent. EPFO had provided 8.65 per cent interest rate to its subscribers in 2016-17 and 8.55 per cent in 2017-18.

The rate of interest was slightly higher at 8.8 per cent in 2015-16.

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