EPFO Likely To Retain 8.8% Rate Of Interest On EPF Deposits
Monday, December 19, 2016, 11:22 AM
EPFO, the retirement fund body in India, would most probably retain 8.8% rate of interest on EPF deposits, for the current fiscal. EPFO currently has more than 4 crore subscribers, who received 8.8% interest on their deposits, last year. Overall interest rate in the financial system has dropped drastically. Interest rate offered on EPF, will be watched with a lot of interest.