EPFO reduces the interest rate on the deposit 8.5% for 2019-20
Retirement fund body, Employees’ Provident Fund Organization, (EPFO) today lowered the interest rate on provident fund deposits to 8.5 per cent for the current financial year.
Earlier it was 8.65 percent. Labour Minister Santosh Gangwar made this announcement in New Delhi after the meeting of the EPFO apex decision making body – the Central Board of Trustee.