GPF Interest Rate 2019-20: 7.9% from October to December 2019
As per the Economic Affairs resolution issued on 21.10.2019, the General Provident Fund interest rate for the period from 1st October 2019 to 31st December 2019 will be 7.9%.
General Provident Fund (GPF) is a more beneficial saving scheme for Central Government employees. Whenever need money for children’s education or hospital expenses, the accumulated fund will help in critical economic situations. Avail partial or full withdrawal amount indicated depends on the GPF annual statement slip.
The interest rates of Small Savings Schemes, particularly after April 2016, are being notified by the Govt on a quarterly basis. Accordingly, the revised rates of various Small Savings Schemes for the 3rd quarter of the FY 2019-20 from 1.10.2019 to 31.10.2019 will remain unchanged from those notified for the 2nd quarter of the current Financial year.
Central & State Govt Employees: CHECK YOUR DA AND ARREARS WITH THIS SIMPLE CALCULATOR