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EquityWireGovt retains Apr-Jun General Provident Fund interest rate at 7.1%

Govt retains Apr-Jun General Provident Fund interest rate at 7.1%

This story was originally published at 21:28 IST on 1 April 2026
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Informist, Wednesday, Apr. 1, 2026

 

NEW DELHI – The government has kept the interest rate on the General Provident Fund unchanged at 7.1% for Apr-Jun, the finance ministry said in a gazette notification.

 

The General Provident Fund is a social security scheme for central government employees. The interest rate of 7.1% is also applicable to other government-run provident funds such as the All India Services Provident Fund and the Armed Forces Personnel Provident Fund.

 

Since 2016, the government has been revising interest rates on its small savings schemes every quarter to align them with market rates on relevant government securities. However, the rate on the General Provident Fund has stayed at 7.1% for nearly five years now.  End

 

Reported by Sagar Sen

Edited by Rajeev Pai

 

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