General Provident Fund Interest Rates Kept Unchanged At 7.1%
The interest rates on GPF comes a couple of days after the government announced interest rates on small savings scheme.
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The interest rates on GPF comes a couple of days after the government announced interest rates on small savings scheme.
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New Finance Minister Choi Sang-mok vowed Tuesday to strive to revive the livelihoods of the people and thoroughly manage risks regarding real estate project financing (PF) and other potential economic issues.
While adjustments have been made to several schemes, the interest rate for the Public Provident Fund (PPF) remains steady at 7.1 percent.
In a notification, the Union finance ministry said that the interest rates of most schemes were at the same level, with some changes in the Sukanya Samriddhi Scheme and 3-year time deposit scheme.