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Updated Jan 01, 2021 | 14:34 IST In September 2020, EPFO had decided to split the 8.5% interest into two installments of 8.15% and 0.35% at its trustees meet, headed by labour minister Santosh Gangwar. EPFO begins crediting 8.5% interest for 2019-20. Here's how you can check EPF balance  New Delhi: Instead of two tranches as proposed earlier, Employees Provident Fund Organisation (EPFO) has started crediting 8.5% interest on the accumulated corpus of around six crore subscribers at one go from Thursday itself. The interest rate of 8.5% on PF deposits is the lowest ...

Highlights 8.5 percent rate of interest for 2019-20. Interest amount credited. New Delhi: The Narendra Modi government has given a big bonanza to around six crore EPF subscribers who have been eagerly waiting for the crediting of interest for 2019-20 in their employees' provident fund (EPF) accounts. The EPFO has already started crediting the amount into the PF account of subscribers. Labour and Employment minister Santosh Gangwar, announcing the decision on Thursday (December 31) had said that PF subscribers will start receivig 8.5 percent interest on their PF amount from December 31 onwards...

Highlights 8.5 percent rate of interest for 2019-20. Interest amount credited. New Delhi: Around six crore EPF subscribers who have been eagerly waiting for the final nod from the finance ministry on crediting of 8.5 percent rate of interest for 2019-20 in their employees' provident fund (EPF) accounts, have got a big new year gift. Zee Media has learnt from sources that the EPFO has credited 8.5 percent rate of interest for 2019-20 in employees' provident fund (EPF) accounts today. However, we would still be waiting for the official confirmation on the above. Meanwhile the retirement fund bo...

EPFO to credit full 8.5% interest for FY20: How to check balance The finance ministry likely has given nod to the EPFO for interest rate recommendation of 8.5 percent for FY20 and according to the report in Indian express, it is expected to credit it to subscribers in the next few days. Source: Reuters The retirement fund body Employees' Provident Fund Organisation (EPFO) has decided to credit 8.5 percent interest for 2019-2020 in the EPF accounts of around 6 crore subscribers. The finance ministry has given nod to the EPFO for interest rate recommendation of 8.5 percent for FY20, and it is e...

Highlights 8.5 percent rate of interest for 2019-20. Interest amount credited. New Delhi: Around six crore EPF subscribers who have been eagerly waiting for the final nod from government on crediting of interest for 2019-20 in their employees' provident fund (EPF) accounts, have got a big new year gift. Labour and Employment minister Santosh Gangwar has said that PF subscribers will start receivig 8.5 percent interest on their PF amount from today onwards. “I am happy to inform you that a notification has been issued & for year 2019-2020, our over 6 crore subscribers will receive 8.5 percen...