General Provident Fund(GPF) interest rate for the fourth and final quarter of the financial year 2023-24 has been declared by the Central Government. The DEPARTMENT OF ECONOMIC AFFAIRS has announced the GPF rate applicable for the period 01.01.2024 to 31.03.2024.
GPF interest Rate for the period 01.01.2024 to 31.03.2024 :
F.NO. 5(3)-B(PD)/2023
Government of lndia
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the 2nd January, 2024
RESOLUTION
It is announced for general information that during the year 2023-2024, 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 January, 2024 to 31th March, 2024. This rate will be in force w.e.f. 1st January, 2024. The funds concerned are:
1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (lndia).
3. The All lndia Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The lndian Ordnance Department Provident Fund.
7. The lndian Ordnance Factories Workmen’s Provident Fund.
8. The lndian 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 lndia.
(Ashish Vachhani)
Additional Secretary to the Govt. of lndia
GPF Interest Rate Table w.e.f. 01.01.2024 Frequently Asked Questions(FAQs)
| What is the Current Interest Rate offered under GPF Scheme for the Period 01.01.2024 to 31.03.2024 ? |
| The current interest rate offered under the GPF Scheme is 7.1% for the Period 01.01.2024 to 31.03.2024. |
| What was the Interest Rate offered under GPF Scheme for the period 01.10.2023 to 31.12.2023? |
| The interest rate offered under the GPF Scheme is 7.1% for the Period 01.10.2023 to 31.12.2023. |
| What was the Interest Rate offered under GPF Scheme for the period 01.07.2023 to 30.09.2023? |
| The interest rate offered under the GPF Scheme is 7.1% for the Period 01.07.2023 to 30.09.2023. |
| What was the Interest Rate offered under GPF Scheme for the period 01.04.2023 to 30.06.2023? |
| The interest rate offered under the GPF Scheme is 7.1% for the Period 01.04.2023 to 30.06.2023. |
| How Frequently the GPF Interest Rate is Revised by the Central Government? |
| The GPF interest rate is revised quarterly by the Central Government. |
| How Can I Calculate the GPF Interest and GPF Amount? |
| Use GPF Interest Rate Calculator to Calculate the GPF Interest and GPF Amount. |
