Curious About Your PF Account? What's the Current Annual Interest Rate?

Hi All,

I have to inquire about the PF interest rate. Can anyone please tell me what's the annual rate of interest for a PF account.

Hi,

Please refer to this link: [Employees' Provident Fund rate will not change in the financial year 2009-2010 | Tax Guru](http://www.taxguru.in/general-info/employees-provident-fund-rate-will-not-change-in-financial-year-2009-2010.html)

Muninder

EPF Interest Rate Update

The EPF interest rate remains unchanged at 8.5% for 2009. Kindly refer to the link: http://economictimes.indiatimes.com/...ow/4171156.cms.

Thanks,
GK

The gentleman asks you, what is the interest rate of PF (Provident Fund) account, not the contribution of PF.

At present time 8% 1140283]

Hi All,
I have to enquire about PF interest Rate. Can anyone please tell me whats the annual rate of interest for a PF account. [/QUOTE]

Corrected Version:

At present, the interest rate is 8%.

Hi All,

I have to inquire about the PF interest rate. Can anyone please tell me what the annual rate of interest is for a PF account?

Thank you.

[QUOTE=Dr. G.P. Kimothi;1141981]
At present, the annual PF interest rate is 8.5%.
Hi All,

I have to inquire about the PF interest rate. Can anyone please tell me what the annual rate of interest for a PF account is?

PF annual interest may vary from year to year and will be decided by the Central Government. This year, for 2009-2010, the interest rate will be 8.5%.

P. Karunakaran

Hi Shilpa!

Thanks for the information. I was asked this question in my interview, what are the administrative charges for the provident fund. I could not answer, but now I know after reading your post.

Thanks,
Ravi

Dear Friend,

As per the Annual Account Statement, the interest rate for the year 2009-2010 is 8.5%.

With regards,
Naresh

Hi, please tell me the bifurcation of 12% PF employer contribution. Pension is 8.33%, Admin- 1.61%, and PF- 2.06%. Am I right...

Hi!

The breakdown of the 12% employer contribution is:
- 8.33% towards the pension fund
- 3.67% towards the provident fund

I believe the admin charges are not included in this 12% charge. That is why the employer contribution adds up to 13.11%, i.e., 8.33% + 3.67% + 1.10% + 0.01%.

PF Interest Calculation

Regarding PF interest calculation, it is monthly compounding and rounds to the nearest rupee. Currently, it is 8.5% p.a.

However, I shall insert an Excel Sheet in this regard. You can extend the rows (as per your requirement) and enter the salary applicable for PF.

Regards,
ABBAS.P.S, ITI LTD, PALAKKAD - 678 623
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