State Railway Provident Fund Interest Rate from July 2019
RBE No. 119/2019
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
New Delhi, Dated : 24.07.2019
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 (July, 2019 – September, 2019).
A copy of Government of India’s Resolution No. 5(2)-B(PD)/2019 dated 12th July, 2019 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 July, 2019 to 30th September, 2019 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.
(G. Priyal Sudarsani)
Director, Finance (Estt.),