State Railway Provident Fund - Rate of interest during the 1st Quarter of financial year 2024-25 (1st April, 2024

State Railway Provident Fund – Rate of interest during the 1st Quarter of financial year 2024-25 (1st April, 2024 – 30th June, 2024): Railway Board Order dated 28.06.2024

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

No. F(E)III/2003/PF-1/1

New Delhi, Dated: 28.06.2024

The General Managers/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
DGs of RDSO and NAIR.

Subject: State Railway Provident Fund-Rate of interest during the 1st Quarter of financial year 2024-25 (1st April, 2024 — 30th June, 2024).

A copy of Department of Economic Affairs, Ministry of Finance’s Resolution F.No. 5(3)-B(PD)/2023 dated 10th June. 2024 prescribing interest at the rate of 7.1%(Seven point one per cent) wef. 1st April, 2024 to 30th June, 2024 on accumulations at the credit of the Subscribers to State Railway Provident Fund, is enclosed for information and necessary action.

(G. Priya Sudarsani)
Director, Finance (Estt.)
Railway Board

Encl.-Rate of Interest on GPF and other similar funds for Q1 of FY 2024-2025 April-June, 2024: FinMin Resolution

Source: Indian Railways