State Railway Provident Fund (SRPF) – Rate of Interest

No.F(E)III/2003/PF-1/1, dated 17.01.2022

Sub: State Railway Provident Fund – Rate of Interest during the 4th Quarter of financial year 2021-22 (1st January, 2022 – 31st March, 2022).

A copy of Ministry of Finance, Department of Economic Affairs’ Resolution F.No.5(4)-B(PD)/2021, dated 3rd January, 2022 prescribing interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st January, 2022 to 31st March, 2022 on accumulations 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 (Budget Division)

F.No.5(4)-B(PD)/2021, dated 3rd January, 2022

RESOLUTION

1. It is announced for general information that during the year 2020-2021, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st January, 2022 to 31st March, 2022. This rate will be in force w.e.f. 1st January, 2022. 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 dated 17.01.2022

Forward reference ⇒ dated 06.04.2022

Leave a Reply

Your email address will not be published. Required fields are marked *