PF Interest Rate Hiked By 1 Percentage Point To 9.5%

Dear all,

In a bonanza for over five crore employees in the organised sector, the Employees Provident Fund Organisation (EPFO) on Wednesday decided to raise interest rate on their retirement savings by 1 percentage point to 9.5% for 2010-11.

The EPF rate has been 8.5% since 2005-06.

“9.5% interest rate on PF will be good enough to cover for inflation rate. It is a good return in today’s market

Regards,

Jagdish Pathak

please clearyfication or notification by pf department for pf intrest rate increse 1% w.e.f. date?

Dear Mr.Jagdish,
Kindly provide me the EPF notification for the intrest rate increse to 9.5%.
Waiting for your response.