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| Good news for PF subscribers! EPFO likely to credit 8.5% 1st installment on Diwali | | | New Delhi: In what could bring cheers to account of its around 6 crore subscribers, retirement fund body Employees' Provident Fund Organisation's (EPFO) is likely to credit the installment of 8.5% interest on Diwali, a report by Live Hindustan said.
EPFO had in September announced that it would credit 8.5 percent interest on employees provident fund (EPF) for 2019-20 in two installments.
The retirement body will provide 8.15 percent interest on the EPF account of subscribers now while the remaining The remaining 0.35 percent rate of interest on EPF for 2019-20 would be credited into the subscribers account in December this year. |
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