RBE No. 119/2019: State Railway Provident Fund (SRPF) – Rate of Interest

No.F(E)III/2003/PF1/1, dated 24.07.2019

Sub: State Railway Provident Fund – Rate of Interest during year 2019-20 (July, 2019 – September, 2019).

A copy of Government of India’s Resolution No.5(2)-B(PD)/2019, dated 12th July, 2019 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.9% (Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019 on accumulations at the credit of subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

Ministry of Finance
Department of Economic Affairs (Budget Division)
OM No.5(2)-B(PD)/2019, dated 12th July, 2019
RESOLUTION

1. It is announced for general information that during the year 2019-2020, 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 percent) w.e.f. 1st July, 2019 to 30th September, 2019. This rate will be in force w.e.f. 1st july, 2019. 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. 119/2019

Forward reference⇒RBE No. 197/2019