Govt Hikes GPF Interest Rate to 8% for Oct-Dec quarter

  • The union government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 percent with effect from October 1, 2018, to December 31, 2018 of current financial year. 
  • The interest rate on GPF was 7.6 percent for the July-September quarter.

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