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EPFO fixes 8.15 pc interest rate on employees’ provident fund for 2022-23

EPFO fixes 8.15 pc interest rate on employees’ provident fund for 2022-23
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New Delhi, Mar 28 (PTI) Retirement fund body EPFO fixed 8.15 per cent  rate of interest on employees’ provident fund (EPF) deposits for 2022-23 at its  meeting on Tuesday.

In March 2022, EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21.

This was the lowest since 1977-78, when the EPF interest rate stood at 8 per cent.

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