Government hikes general provident fund interest rate to 8%

The government has increased the interest rate on General Provident Fund (GPF) and other related schemes for the October-December quarter.

The government has increased the interest rate by 0.4 percent to 8 percent. Earlier, the interest rate of GFF was 7.6 percent in the July-September, 2018-19 quarter. It is worth mentioning that this interest rate has been increased keeping in mind the public provident fund.

In this regard, the Economic Affairs Ministry has said that the interest rate of General Provident Fund and similar fund for the quarter from October 1, 2014 to December 31, 2018 will be 8 per cent.

This interest rate will be applicable to the Provident Fund of Central, Railway and Defense Force Employees.

Last month, the government had announced an additional 0.4% increase in the rates of small savings like NFC, PPF for the October-December quarter. 

The announcement was made by the government in relation to the increased deposit rates of banks.

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PF Account details : You can change or correction with this simple steps

Pf account details can be improved by sitting at home, this can change online just like this

You can change or correction in PF Account details with this simple steps
Utility Desk: If there is any mistake in your EPF ie Employee Provident Fund Account, such as name, mobile number, father's name, you can update it online. Due to the error in the details, the EPFO ​​also offers online correction along with offline for you not having trouble getting your PF. You can submit your PF account errors and submit them to the EPFO ​​database. Today we are telling you about the process of updating the details.

Online Mode

• - Go to www.epfindia.gov.in to go to the 'Our Services' for Employees' Sections.
• - Click Inoperative A / c Helpdesk. Click on 'First time user click here to proceed' at the bottom of the newly opened page.
• - Then EPFO ​​Porter will ask you about the problem. Click on Next, type the data you want to modify.
• - The page that will then open will require you to fill in some information related to your employment, however it is not necessary to fill it. After completing the details click on the following next.
• Now you have to fill in your personal details and KYC details. You can ignore what is not needed in it. The PIN will then be generated. Which will be linked to the registered mobile number in your EPF registered PF account.
• - After entering a pin, open an acquisition. That would be for your data to be successfully processed. You can also delete the print if you want.

The member can also change on the portal mobile number and email id
If you want to change mobile number or email id in EPFO ​​documents, you can also get help from the EPFO's Mbber Portal.
For this you should have UAN and activate it.

• - Go to Member Portal unifiedportal-mem.epfindia.gov.in.
• After logging in, view section will go on profile.
• - The details of the EPFO ​​member will appear. To change the mobile number or email id, click on the Change Option.
• - Select the change mobile number or change email id to submit new number or mail id. Generate PIN later
• After entering the PIN, your details will be changed.