RBE No. 06/2017: SRPF – Rate of Interest w.e.f. 01.01.2017 to 31.03.2017

No.F(E)III/2003/PF/1/1, dated 30.01.2017

 

Sub: State Railway Provident Fund – Rate of interest during the year 2016-17 (January, 2017 – March, 2017).

A copy of Government of India’s Resolution No.5(1)-B(PD)/2016, dated 18.01.2017 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 8.0% (Eight percent) w.e.f. 01.01.2017 to 31.03.2017 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)/2016, dated 18.01.2017
Resolution

1. It is announced for General information that during the year 2016-17, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% (Eight percent) w.e.f. 1st January, 2017 to 31st March, 2017. This rate will be in force w.e.f. 1st January, 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.06/2017

Forward reference⇒RBE No.

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