GPF Interest rate for 2013-14 reduced to 8.7%: Resolution and comparison with other fund/scheme.

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As per MoF Resolution dated 8th April, 2013 the interest rate of General Provident Fund and similar fund has been reduced 0.10% from 8.8% to 8.7% effective from 01.04.2013. 


 Comparison of  the interest rate of other saving scheme with GPF:-

SchemeRate of Interest w.e.f. 01.04.2013
GPF8.7
EPF8.5 ( Yet to be announced)
1 Year Time Deposit8.2
2 Year Time Deposit8.2
3 Year Time Deposit8.3
5 Year Time Deposit8.4
5 Year Recurring Deposit8.3
5 Year SCSS9.2
5 Year MIS8.4
5 Year NSC8.5
10 Year NSC8.8
PPF8.7

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