Good news for six crore EPFO members! check how much your Provident Fund (PF) will grow after EPF interest rate for FY21 announced
EPFO Members: The Employees' Provident Fund Organisation (EPFO) has a piece of good news for around 6 crore EPFO subscribers. The Provident Fund (PF) regulator body in India has announced 8.5 per cent EPF interest rate for the EPF account holders for FY21.
EPFO had announced the same 8.50 per cent EPF interest rate for FY 2019-20 that was warmly accepted by EPFO members as it was much more than the equity and bond market returns in that fiscal. Photo: Reuters