HomeNews News Employee Provident Fund Offers You Less Interest Employee Provident Fund Offers You Less Interest

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
Employee Provident Fund Offers You Less Interest

Employee Provident Fund Offers You Less Interest

Tuesday, December 20, 2016, 11:40 AM

Retirement fund body, Employees Provident Fund Organization, used to pay an interest rate of 8.8% a year, for the Financial Year 2015-2016. Now, EPFO has cut interest rates, offered on employee provident fund. EPFO would offer an interest of only 8.65% a year, for the current fiscal year 2016-2017. Lower interest rate is due to general fall in the interest rates in the economy.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Love Beyond Death Get It now!