EPFO Interest Rate for 2013-14: How Does the 8.75% Affect Your Provident Fund?

EPFO Interest Rate Announcement for 2013-14

EPFO has declared the rate of interest (8.75%) for the Employees' Provident Fund Members' Accounts for the year 2013-14, as per the circular dated 06/03/2014. Circular attached.

Regards,

The Employees' Provident Fund Organization (EPFO) declared an interest rate of 8.75% for the year 2013-14. This rate applies to the Members' Accounts within the EPF scheme. As per the circular dated 06/03/2014, this announcement is specific to the financial year mentioned. It is essential for employees in Chennai, India, and across the country to take note of this rate, as it impacts the growth of their provident fund savings. For further details and clarifications regarding the calculation or implications of this interest rate, employees are encouraged to refer to the official communication from EPFO or reach out to their HR department for guidance.