EPFO Rate of Interest
The declared rate of interest on Employees Provident Fund (EPF) paid to the subscribers during the last three years is as under:
The
interest rate on EPF is determined by the Central
Government in
consultation with the Central Board. The Central Board
of Trustees
(CBT), Employees Provident Fund (EPF), in its meeting
held on
21.02.2018, has recommended 8.55 per cent. rate of
interest to EPF
subscribers for 2017-18. The proposal has now been sent
to the Ministry
of Finance for their concurrence to the interest rate
of 8.55 per cent
to the EPF subscribers for the year 2017-18.
Approximately 19,97,84,374 number of accounts of account holders are likely to be credited with the statutory rate of interest declared for the year 2017-18.
This information was given by the Minister of State for Labour and Employment Shri Santosh Kumar Gangwar in a written reply to a question in Lok Sabha on 19.3.2018.
The declared rate of interest on Employees Provident Fund (EPF) paid to the subscribers during the last three years is as under:
| Year | Rate of Interest (in per cent.) | Date on which Rate of Interest declared |
| 2014-15 | 8.75 | 23.01.2015 |
| 2015-16 | 8.80 | 23.05.2016 |
| 2016-17 | 8.65 | 24.04.2017 |
Approximately 19,97,84,374 number of accounts of account holders are likely to be credited with the statutory rate of interest declared for the year 2017-18.
This information was given by the Minister of State for Labour and Employment Shri Santosh Kumar Gangwar in a written reply to a question in Lok Sabha on 19.3.2018.
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