Rate of interest(PF) during the year 2020-2021 (1st April to 30th June 2020) – Railways

Rate of interest(PF) during the year 2020-2021 (1st April to 30th June 2020) – Railways

GOVERNMENT OF INDIA (BHARAT SARKAR )
MINISTRY OF RAILWAYS (RAIL MANTRALAYA )
(RAILWAY BOARD)

No. F(E)III/2003/PF1/1
New Delhi, Dated: 09.4.2020

The GMs/Principal Financial Advisers,
All Zone Railways/Production Units etc.,
(As per mailing list)

Subject : State Railway Provident Fund : Rate of interest during the year 2020-2021 (1st April 2020 to 30th June 2020)

A copy of Government of India’s Resolution No.5 (2)-B(PD)/2020 dated 7th April 2020 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st April, 2020 to 30 th June, 2020 on accumulation at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

(G Priya Sudarsani)
Director, Finance (Estt.)
Railway Board

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