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PF interest News

22 Oct 2021

Check how to withdraw PF money in 1 hour as EFPO credits 8.5% interest

EPFO introduced the medical emergency facility to allow subscribers to withdraw PF advance within one hour. Subscribers need to visit the official EPFO website which is www.epfindia.gov.in to withdraw funds. However, there are certain terms and conditions for using the emergency medical advance facility.

31 Oct 2016

EPFO to pay 8.8% interest to 'inoperative' PF accounts

The government is all set to issue a notification authorising retirement fund body EPFO to pay 8.8 percent interest to "inoperative" accounts, Union Labour Minister Bandaru Dattatreya said Monday.

Finance Ministry

25 Apr 2016

Finance Ministry approves 8.7% interest on PF deposits for 2015-16

This is probably the first time that the Finance Ministry has not given concurrence to the rate of interest on EPF as decided by CBT, which is headed by the labour minister.

Finance Ministry

25 Apr 2016

Finance Ministry approves 8.7% interest on EPF deposits for 2015-16

The Finance Ministry on Monday approved 8.7 percent interest on Employees' Provident Fund (EPF) deposits for 2015-16, labour minister Bandaru Dattatreya said.

16 Feb 2016

EPFO brings cheer to 6 cr subscribers; PF interest rate hiked to 8.8% for FY 2015-16

In an effort to bring cheers to its more than 6 crore subscribers, retirement fund body EPFO on Tuesday announced to hike interest rate on PF deposits to 8.8 percent for this fiscal, which is higher compared to 8.75 percent provided in previous two fiscals.

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