Interest Rate For State Railway Provident Fund From January-March 2019

January 29, 2019, 1:12 PM
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Interest Rate For State Railway Provident Fund From January-March 2019

State Railway Provident Fund – Interest at the rate of 8% (eight percent) w.e.f. 1st January, 2019 to 31st March, 2019

RBE No. 14/2019

GOVERNMENT OF INDIA (BHARAT SARKAR)

MINISTRY OF RAILWAYS (RAIL MANTRALAYA)

(RAILWAY BOARD)

No. F(E)III/2003/PF1/1

New Delhi, Dated 21.01.2019

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 2018-19 (January, 2019 – March, 2019).

A copy of Government of India’s Resolution No. 5(1)-B(PD)/2018 dated 3rd January, 2019 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 8% (eight percent) w.e.f. 1st January, 2019 to 31st March, 2019 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

Source – Gconnect

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