EPFO To Credit FY24 Interest To Members' Accounts Soon
ABP - English | April 26, 2024 9:15 PM CST
The Employees' Provident Fund Organisation (EPFO) is currently in the process of allocating increased interest for provident fund deposits made during the financial year 2023-24. EPFO had raised the interest rate on deposits to 8.25 per cent for FY24, compared to 8.15 per cent in the previous year. Fund members are eagerly anticipating the higher interest payout for FY24, which is expected to be more substantial than in FY23. In response to a member's query on the social media platform X, the EPFO stated that the process of allocating the increased interest is underway and will be reflec...
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