Declaration of Rate of Interest for the Employees Provident Fund Members Account for the year 2020-21

Declaration of Rate of Interest for the Employees’ Provident Fund Members Account for the year 2020-21

Employees’ Provident Fund Organisation
(Ministry of Labour & Employment, Govt. Of India)
Head Office

Bhavishya Nidhi Bhawan, 14- Bhikaiji Cama Place, New Delhi — 110066
No. INV-11/1/2020-INV
Date:30.10.2021

To,
All ACC- Incharge of Zonal Offices
All RPFC-I/ Officers-In-Charge, Regional offices.

Subject: Declaration of Rate of Interest for the Employees’ Provident Fund Members Account for the year 2020-21 – regarding

Sir,

The Ministry of Labour and Employment, Government of India, has conveyed the approval of the Central Government under para 60(1) of Employees’ Provident Fund Scheme, 1952 to credit interest@ 8.50 % for the year 2020-21 to the account of each member of the EPF Scheme as per the provisions under Para 60 of EPF scheme, 1952.

2. You are accordingly, requested to issue necessary instructions to all concerned for crediting the said interest to the members’ accounts.

(Authority:-Ministry of Labour and Employment letter No. R-1101 8/1/2021-SS-Il Dated 29th October, 2021).

(Abhay Ranjan)
Addl. Central P.F. Commissioner (INVESTMENT)