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A few years ago, in PPF and EPF schemes, you used to get more than 8% interest, know how much you are losing now compared to then

Employees Provident Fund (EPF) and Public Provident Fund (PPF) are seen as a long term investment. Any employed person tries to make his future secure through all these schemes. But do you know that at one time EPF was giving an interest rate of 3% and PPF 4.8%.

Public Provident Fund (PPF) was started in 1968. Then only 4.8% interest rate was available on this scheme. But then from there it went up to 12 percent. At present, 7.1% interest rate is being available on PPF. Which is the lowest in the last 44 years.

At the same time, the Employees’ Provident Fund (EPF) was started by the Government of India in 1952. In the first three years, only 3% interest was available through this scheme. In the financial year 1990, it was giving the highest returns of up to 12%. Since then there has been a decline in it.

The interest rate of PPF was reduced to 8% in 2016, 7.8% in 2017 and again to 7.6 percent in 2018. According to the report, the EPF interest remained at 8.5 per cent in all these years.

EPFO’s interest rate will be credited in July 

The Employees’ Provident Fund Organization (EPFO) has decided that the interest rate for the year 2020-21 will be 8.5%. Now it is expected that this interest can come in July. There is great news for the troubled EPFO ​​account holders due to Corona epidemic. According to sources the interest rate can be credited any day of the next month.

In the meeting of the Central Board of Trustees of EPFO ​​held in March, it was decided that the interest rates for 2020-21 will not be changed. In 2019-20 also the interest rate was 8.5%. Interest rates were cut in 2019-20 due to Corona. The interest rate was 8.65% in 2018-19 and 8.55% in 2017-18.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @
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