RATE OF INTEREST ON GPF

We have compiled the interest rates for the funds deposited in GPF. The highest

rate of 12% was given for the GPF in 1999-2000; it was suddenly dropped to 8%

within three years. The interest rates for GPF have been revised from 8% to 8.6%

with effect from 1.12.2011.

The table denotes the rate of interest from 1964 to 2012

Year ...................................................................................................................Rate of Interest

1964-65 ..................................................................4%

1965-66 ...................................................................4.5%

1966-67 ....................................................................4.6%

1967-68....................................................................4.8%

1968-69...................................................................... 5.1%

1969-70 ......................................................5.25%

1970-71...................................................... 5.5%

1971-72 ....................................................5.7%

1972-73 ........................................................5.8%

1973-74 ...................................................................5.8%

1974-75........................................................... 7.17%

1975-76 .............................................7.5%

1976-77.................................................................. 7.5%

1977-78 ......................................................................8%

1978-79 ...............................................................8%

1979-80 ..............................................................8%

1980-81.............................................................. 8.5%

1981-82 ...................................................8.5%

1982-83..................................................................... 9%

1983-84 .....................................................9.5%

1984-85...................................... 10%

1985-86 ........................................10.5%

1986-87................................................................... 12%

1987-88....................................................................12%

1988-89....................................................... 12%

1989-90 .................................................12%

1991-92 ...................................................12%

1992-93 ...................................................................12%

1993-94 ..........................................................................12%

1994-95 .....................................................................12%

1995-96.................................................................... 12%

1996-97........................................................................................ 12%

1997-98 .................................................................12%

1998-99 ........................................................................................12%

1999-2000 ...........................................................................12%

2000-01........................................................................ 11%

2001-02 ........................................................................9.5%

2002-03........................................................................... 9%

2003-04 ......................................................................8%

2004-05....................................................................... 8%

2005-06 ...........................................................................8%

2006-07 .........................................................................8%

2007-08............................................................................. 8%

2008-09 .............................................................................8%

2009-10............................................................................... 8%

2010-,,.................................................................................11 8%

2011-2012..... 8% from 1.4.2011 to 30.11.2011 &8.6%
 from 01.12.2011 to 31.03.2012
2012-2013 8.8%
During the year 2011-2012, accumulations at the credit of subscribers to the
General Provident Fund shall carry interest at the rate of 8% (Eight per cent) for
the period from 1.4.2011 to 30.11.2011 and 8.6% (eight point six percent with
effect from 1.12.2011. During current financial year 2012-2013 the rate of interest
raised to 8.8% with effect from 01.04.2012.
JMM/DRO-UD