State Railway Provident Fund interest rate from Jan to March 2020
RBE No. 21/2020
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No.F(E)III/2003/PF1/1
New Delhi, Dated: 12.02.2020
The GMs/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
(As per mailing list)
Subject : State Railway Provident Fund — Rate of interest during the year 2019-20 (January, 2020 — March, 2020).
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A copy of Government of India’s Resolution No. 5(2)-8(PD)/2019 dated 15th January, 2020 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.9% (Seven point nine percent) w.e-f. 1st January, 2020 to 31st March, 2020 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.
(G. Priya Sudarsani)
Director, Finance (Estt.),
Railway Board.
Very bad