State Railway Provident Fund-Rate of interest during the 2nd Quarter of financial year 2023-24 (1st July, 2023 — 30th September, 2023)
The Government of India, Ministry of Railways, has issued a notification regarding the State Railway Provident Fund’s interest rate for the 2nd Quarter of the financial year 2023-24. According to the Ministry of Finance, Department of Economic Affairs’ Resolution F.No. 5(3)-B(PD)/2023 dated 04th July, 2023, the interest rate has been set at 7.1% (Seven point one percent) for the period from 1st July, 2023 to 30th September, 2023. This notification is applicable to all subscribers of the State Railway Provident Fund.
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
No. F(E)II/2003/PF-4/1
New Delhi, Dated: 12..07.2023.
The General Managers/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
DGs of RDSO and NAIR.
Subject: State Railway Provident Fund-Rate of interest during the 2nd Quarter of financial year 2023-24 (1st July, 2023 — 30th September, 2023).
A copy of Ministry of Finance, Department of Economic Affairs’ Resolution F.No. 5(3)-B(PD)/2023 dated 04th July, 2023 prescribing interest at the rate of 7.1% (Seven point one percent) w.ef. 1st July, 2023 to 30th September, 2023 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed for information and necessary action.
(Sanjay Prashar)
Jt. Director Finance (Estt.)
Railway Board.
No. F(E)III/2003/PF-1/1
New Delhi, Dated: 12.07.2023.
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