EPF & VPF Interest Rate raised to 8.5% for 2012 – 2013

There is good news for five crore subscribers of EPF (Employee Provident Fund) and VPF (Voluntary Provident Fund). EPFO has decided to increase the interest rate on both EPF & VPF to 8.5% for FY 2012-13.

This was reduced to 8.25% for FY 2011-12 from 9.5% a year earlier. The cut in interest rate had led to vociferous protests from political parties, trade unions and employees who depend on the scheme for their retirement benefits.

Below is the history of EPF Interest rates.

Related Post
History of EPF Interest Rates since 1952

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.

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