GPF interest from October 2020 – calculate GPF interest

GPF for those who have been recruited on or after 1.1.2004: 48th NC JCM Meeting

General Provident Fund (GPF) and other similar funds interest rates from 1st October, 2020 to 31st December, 2020

(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(2)-B(PD)/2020
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 27th October, 2020

RESOLUTION

It is announced for general information that during the year 2020-2021, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st October, 2020 to 31st December, 2020. This rate will be in force w.e.f. 1st October, 2020. The funds concerned are:

GPF Interest Calculator 2020-21

  1. The General Provident Fund (Central Services).
  2. The Contributory Provident Fund (India).
  3. The All India Services Provident Fund.
  4. The State Railway Provident Fund.
  5. The General Provident Fund (Defence Services).
  6. The Indian Ordnance Department Provident Fund.
  7. The Indian Ordnance Factories Workmen’s Provident Fund.
  8. The Indian Naval Dockyard Workmen’s Provident Fund.
  9. The Defence Services Officers Provident Fund.
  10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

(Rajat Kamar Mishra)
Joint Secretary to the Govt. of India

Click here to view/download the pdf

Also check the following links related to this topic:

GPF and other Provident Fund Interest Rates reduced to 7.1% from April 2020 to June 2020

GPF and other similar funds Interest Rate w.e.f. 1st January, 2020 to 31st March, 2020

General Provident Fund and other similar funds Interest Rate w.e.f. 1st July, 2020 

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