News > EPFO interest rate down to 8.1%, lowest in four decades
EPFO interest rate down to 8.1%, lowest in four decades
The Indian Express | 13/03/2022 09:35 AM | Click to read full article
The Central Board of Trustees of the Employees’ Provident Fund Organisation, the country’s largest retirement fund, has recommended a return of 8.10 per cent for its over 6 crore active subscribers for the financial year 2021-22.
This is the lowest interest rate in at least four decades but remains higher than that of other small-savings instruments.