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GPF, ZPPF Interest Rate 7.8% from July-2017 to Dec-2107 Go.2087

GPF and Other similar funds as 7.8% per annum effect from July-2017 and December-2017 Go.2087 Dt:31/10/2017

AP Go.2087 has been issued regarding the GPF, ZPPF fund interest rate 7.8%. Provident Fund-Interest rates on General Provident Fund (Andhra Pradesh) for the s ubscribers of GPF and other similar funds as 7.8% (Seven point eight percent) per annum with effect from 01.07.2017 to 31.12.2017 for the yea r 2017-18. The complete GO.2087 is as follows.

Abstract: Provident Fund-Interest rates on G eneral Provident Fund (Andhra Pradesh) for the s ubscribers of GPF and other similar funds as 7.8% (Seven point eight percent) per annum with effect from 01.07.2017 to 31.12.2017 for the yea r 2017-18 – Orders Issued.

GPF, ZPPF Interest Rate 7.8% from July-2017 to Dec-2107 Go.2087

According to Rule 13( 1) of General Provident Fund (Andhra Pradesh) Rules 1935, Government shall pay to the credi t of the account of a subscriber interest at such rate as may be determined for each year according to the method of calculation prescribed from time to time by the Government of India for payment of interest on subscription to the General provid ent Fund in respect of Central Services.

  1. In the G.O. 1st read above, the State Government have adopted the interest r ate of 7.9% per annum with effect from 1.4.2017 to 30.6.2017, as ordered by the Government of India.
  2. for the subscribers of General Provident Fund (Central Services) at 7.8 % per annum for the period from 01.07.2017 to 31. 12.2017 during the year 2017- 18 and will be in force w.e.f. 1st July 2017.
  3. Government after careful examination of the matter, hereby ordered to adop t & revision of the rate of interest as 7.8 % per annum for the period from 01.07.2017 to 31.12.201 7 during the year 2017-18 on the following P rovident Funds and other similar funds maintained by the Government of Andhra Pradesh o n par with rates of Government of India.
  1. The General Providen t Fund (Andhra Pradesh) Rules1935.
  2. The Electricity Department Provident Fund Rules.
  3. Emergency Cut and C ompulsory Saving Rules, 1949.
  4. Government Distilleri es Employees Provident Fund.
  5. Andhra Pradesh Government Life Insurance Fund.
  6. Andhra Pradesh Employees Welfare Fund Rules.

Read More about Go.2087 GPF, ZPPF Interest

  • Go.2087 GPF, ZPPF Interest Rate 7.8% from July-2017 to Dec-2107 Click Here

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