State Railway Provident Fund – Rate of interest from April 2018 to June 2018- RBE No. 59/2018

State Railway Provident Fund – Rate of interest from April 2018 to June 2018- RBE No. 59/2018

RBE No. 59/2018

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. F(E)III/2003/PF/1/1
New Delhi, Dated : 18.04.2018

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 (April, 2018 to June, 2018).

A copy of Government of India’s Resolution No. 5(1)-B(PD)/2018 dated 11th April, 2018 issued by the Ministry of Finance /Department of Economic Affairs) prescribing interest at the rate of 7.6% (Seven point six per cent) w.e.f. 1st April, 2018 to 30th June, 2018 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

Sd/-
(G. Priya Sudarsani)
Joint Director, Finance (Estt.),
Railway Board


Source:- AIRF India

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