Rate of Interest on GPF

GPFWe have compiled the interest rates for the funds deposited in GPF.

The highest rate of 12% was given for the GPF in 1999-2000, it was suddenly dropped to 8% within three years.

Last month Finance ministry published an order regarding the interest on GPF, the interest rates for GPF has been revised from 8% to 8.6% with effect from 1.12.2011.

The table denotes the rate of interest from 1964 to 2012…

Year

Rate of Interest

1964-65

4%

1965-66

4.5%

1966-67

4.6%

1967-68

4.8%

1968-69

5.1%

1969-70

5.25%

1970-71

5.5%

1971-72

5.7%

1972-73

5.8%

1973-74

5.8%

1974-75

7.17%

1975-76

7.5%

1976-77

7.5%

1977-78

8%

1978-79

8%

1979-80

8%

1980-81

8.5%

1981-82

8.5%

1982-83

9%

1983-84

9.5%

1984-85

10%

1985-86

10.5%

1986-87

12%

1987-88

12%

1988-89

12%

1989-90

12%

1991-92

12%

1992-93

12%

1993-94

12%

1994-95

12%

1995-96

12%

1996-97

12%

1997-98

12%

1998-99

12%

1999-2000

12%

2000-01

11%

2001-02

9.5%

2002-03

9%

2003-04

8%

2004-05

8%

2005-06

8%

2006-07

8%

2007-08 

8%

2008-09

  8%

2009-10 

8%

2010-11 

8%

During the year 2011-2012, accumulations at the credit of subscribers to the General Provident Fund shall carry interest at the rate of 8% (Eight per cent) for the period from 1.4.2011 to 30.11.2011  and 8.6% (eight point six percent with effect from 1.12.2011.

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