EPFO raises interest rate to 8.75% for 2013-14 Announces 20% rise in cover under Employees’ Deposit Linked Insurance Scheme

Posted by & filed under Provident Fund - (Notification -Circulars).

Dear All Friends Retirement fund body Employees Provident FundOrganisation (EPFO) on Monday  announced a rise in interest rate on provident fund (PF) deposits to 8.75 per  cent for 2013-14, to benefit 50 million subscribers. The interest rate on PF deposits in the previous financial year was 8.5  per cent. The decision to raise the rate… Read more »