EPFO lowers interest rate on PF deposits to 8.5 pc for 2019-20

EPFO lowers interest rate on PF deposits to 8.5 pc for 2019-20

EPFO lowers interest rate on PF deposits to 8.5 pc for 2019-20

  • Retirement fund body, Employees’ Provident Fund Organization, (EPFO) has lowered the interest rate on provident fund deposits to 8.5 percent for the current financial year 2019-20.
  • Earlier it was 8.65 percent.
  • This announcement was made by Labour Minister Santosh Gangwar in New Delhi on 5 March 2020.

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