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In March this year, the EPFO declared that it will offer an interest rate of 8.1 per cent, the lowest in the last 40 years, for the last financial year.
Delay in crediting interest for 2021-22 has caused concern that savers will be deprived of their PF (provident fund) interest.
As the new financial year commences, check the latest interest rates on the Employees Provident Fund (EPF), fixed deposit (FD) and Public Provident Fund (PPF).
EPFO slashes interest rate to 8.1%: Know how it will impact common man - EPFO has decided to slash the interest rates from 8.5 percent to 8.1 percent for the financial year of 2021 to 2022.
The decision was taken during the meeting of the EPFO's central board of trustees, which was held in Guwahati.