Section 7: Interest

Public Provident Fund Scheme 2019Central Rules · 1873

(1) Interest at 7.9 per cent. per annum shall be eligible for a calendar month on the lowest balance at the credit of an account between the close of the fifth day and the end of the month.

(2) Interest shall be credited to the account at the end of each year.

(3) Interest shall be credited at the end of the year irrespective of the change of the account office due to transfer of the account during the year.

Where this provision sits

Act	Public Provident Fund Scheme 2019
Section	7
Marginal note	Interest
Jurisdiction	Central
Status	In force as published by the source

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