PF Interest Rate as determined by EPFO/ Govt.
A. PF Interest Rate @ 8.55% for FY 2017-18 recommended by EPFO
Central Board of Trustees (CBT) of EPFO has recommended PF Interest Rate of 8.55% for FY 2017-18 (as compared to 8.65% for FY 2016-17) in its meeting dt. 21 Feb. 2018. Subsequently, the same will be sent to Govt. (Ministry of Finance) for vetting followed with issuance of Notification thereon and crediting interest in the account of respective members.
It may be noted that EPFO credits interest on PF Accumulations of Members. Interest Rate is determined each year by the Central Government based on recommendations of EPFO. The CBT of EPFO recommends PF Interest Rate based on ROI as per the investment pattern prescribed by Govt. Also that interest rate is continuously being reduced since 2015-16.
B. PF Interest Rate @ 8.65% for FY 2016-17
PF Interest Rate for the FY 2016-17 has been notified at 8.65% as recommended by the CBT of EPFO, as under:
C. PF Interest Rate @ 8.80% for FY 2015-16
PF Interest Rate for the FY 2015-16 has been notified at 8.8% as recommended by the CBT of EPFO, as under: