PF Rate of Interest for EPF Members Account For The Year 2019-20

[Ankit]

As per EPFO Circular No. INV-11/1/2020-INV/2025 Ministry of Labour and Employment, Government of India conveyed the approval of Central Government to credit interest at 8.50% for the year 2019 -20, to the account of each member of the EPF Scheme as per provisions under Para 60(1) of EPF Scheme, 1952

Kindly refer notification for details.PF Rates 19-20.pdf (1.9 MB)

[Shwetha]

Hi team,

When will be the interest amount credited to PF account.

Regards,

[Dinesh]

Hi @Shwetha

Retirement fund body EPFO is likely to credit 8.5 per cent rate of interest for 2019-20 in the employees’ provident fund ( EPF ) accounts of around six crore subscribers in one go by the end of December.

[Shwetha]

Thanks Dinesh.

Regards,