GPF Interest Rate Stays at 7.1% for April to June 2024

Rate of Interest on GPF and other similar funds for Q1 of FY 2024-2025: 7.1%

The Central Government has kept the interest rate 7.1% payable on savings in the General Provident Fund (GPF) at 7.1% for the first quarter of 2024 from April to June.

TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(3)-B(PD)/2023
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 10 June, 2024

RESOLUTION

It is announced for general information that during the year 2024-2025, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st April, 2024 to 30th June, 2024.

This rate will be in force w.e.f. 1st April, 2024. The funds concerned are:

1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

2 Ordered that the Resolution be published in Gazette of India

(Ashigh Vachhani)
Additional Secrtary to the Govt. of India

GPF Interest Rate from April 2024 to June 2024 PDF Download