The interest offered by the Employees’ Provident Fund Organisation ( EPFO) is likely to rise this year, say sources in EPFO.
For year 2012-2013 EPF rates are expected to be around 8.5%
EPFO’s interest rate for prevoius year
| Year | EPF rate of Interest |
| 2012-2013 | expected to be 8.5% |
| 2011-2012 | 8.25% |
| 2010-2011 | 9.50% |
The rate for the current financial year ( 2012-2013) has not been announced yet. The delay means those who retire this year cannot avail of the raise in interest, as the previous year’s rate would apply in their case.
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