RBE No. 42/2017: SRPF – Rate of Interest w.e.f. 01.04.2017 to 30.06.2017
No.F(E)III/2003/PF/1/1, dated 25.04.2017
Sub: State Railway Provident Fund – Rate of interest during the year 2017-18 (April, 2017 – June, 2017).
A copy of Government’s Resolution No.5(1)-B(PD)/2017, dated 18th April, 2017 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.9% (Seven point nine per cent) w.e.f. 1st April, 2017 to 30th June, 2017 on accumulation at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.
Ministry of Finance
Department of Economic Affairs
F.No.5(1)-B(PD)/2017, dated 18.04.2017
RESOLUTION
1. It is announced for General information that during the year 2017-2018, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.9% (Seven point nine per cent) w.e.f. 1st April, 2017 to 30th June, 2017. This rate will be in force w.e.f. 1st April, 2017. The funds concerned are:-
1. The General Provident Fund (Central Services)
2. The Contributory Provident Fund (India)
3. The All India Service Provident Fund
4. The State Railway Provident Fund
5. The General Provident Fund (Defence Services)
6. The Indian Ordnance Department Provident Fund
7. The Indian Ordnance Factories workmen’s provident fund
8. The Indian Naval Dockyard Workmen’s Provident Fund
9. The Defence Service Officers Provident Fund
10. The Armed Forces Personnel Provident Fund.
2. Ordered that the Resolution be published in Gazette of India.
Download Railway Board Circular RBE No. 42/2017
Forward reference⇒RBE No.