Friday, March 16, 2012

EPF Interest Rate for 2011-2012


Employee Provident Fund Organization (EPFO) has  reduced the EPF interest rate for 2011-2012 to 8.25% from 9.5%. Based on their calculation, They can not afford to give more interest to  4.72 crores PF account holders.
Year         Interest Rate 
11-12         8.25%
10-11         9.50
09-10         8.50
08-09         8.50 
Recently Government had increased interest rate for NSC, PPF and other

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