RBE No.59/2018: State Railway Provident Fund (SRPF)

No.F(E)III/2003/PF/1/1, dated 18.04.2018

Sub: State Railway Provident Fund – Rate of interest during the year 2018-19 (April, 2018 – June, 2018)

A copy of Government of India’s Resolution No.5(1)-B(PD)/2018, dated 11th April, 2018 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.6% (Seven point Six percent) w.e.f. 1st April, 2018 to 30th June, 2018 on accumulation at the credit of subscribers to State Railway Provident Fund, is enclosed for information and necessary action.

Ministry of Finance
Department of Economic Affairs
OM No.5(1)-B(PD)/2018, dated 11th April, 2018
Resolution

1. It is announced for general information that during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.6% (Seven point Six percent) w.e.f. 1st April, 2018 to 30th June, 2018.
This rate will be in force w.e.f. 1st April, 2018. The funds concerned are:-

1. The General Provident Fund (Central Services)
2. The Contributory Provident Fund (India)
4. The All India Service Provident Fund
5. The State Railway Provident Fund
6. The General Provident Fund (Defence Services)
7. The Indian Ordnance Department Provident Fund
8. The Indian Ordnance Factories workmen’s provident fund
9. The Indian Naval Dockyard Workmen’s Provident Fund
10. The Defence Service Officers Provident Fund
11. The Armed Forces Personnel Provident Fund.

2. Ordered that the resolution be published in Gazette of India.

Download Railway Board Circular RBE No.59/2018

Forward reference⇒RBE No.109/2018