Know the rate of interest on PF deposits since 1952

The income projections for the current fiscal suggest that the retirement fund body EPFO can pay rate of interest which is slightly higher than 8.75 percent provided in 2013-14 and 2014-15.

Zee Media Bureau

In what could bring smile to lakhs of pensioners across the country, retirement fund body EPFO is likely to increase the interest rate on PF deposits for 2015-16, from 8.75 percent fixed for the last two financial years, during its trustees' meet scheduled on Wednesday.

The income projections for the current fiscal suggest that the body can pay rate of interest which is slightly higher than 8.75 provided in 2013-14 and 2014-15.

The Finance Ministry, however, wants EPFO to retain the existing interest rate of 8.75 percent for FY 2015-16.

Click below for knowing the rate of interest on PF deposits since 1952:

http://www.epfindia.com/site_docs/PDFs/MiscPDFs/InterestRate_OnPFAccumulationsSince1952.pdf