GPF Interest Calculator for CG Employees

GPF Interest Rate | GPF Annual Account Statement | GPF Balance

Simple GPF Calculator

The GPF Scheme is regulated by the General Provident Fund (Central Services) Rules 1960: General Provident Fund Scheme (GPF) interest rates are being announced by the Central Government on a quarterly basis from April 2016.

Interest rates are applicable for three months April to June, July to September, October to December, and January to March. Our tool is designed to edit interest rates also. (Interest rates for 2018-19 are shown in the calculator). This tool does not show results as in the excel sheet format, this is simple software working with javascript.

List of Savings Schemes with Interest Rates

1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

GPF Interest Rate Year-Wise Table PDF

GPF Interest Rate 2023-24 PDF

GPF Interest Rate 2022-23 PDF

GPF Interest Rate 2021-22 PDF

GPF Interest Rate 2020-21 PDF

GPF Interest Rate 2019-20 PDF

GPF Interest Rate 2018-19 PDF

GPF Interest Rate 2017-18 PDF

GPF Interest Rate 2016-17 PDF

Retirement of Subscriber

When a subscriber retires from his service, repay the Fund for credit to his account, the amount paid to him from the Fund in pursuance of this rule with interest thereon at the rate provided in Rule 11 in cash or securities or partly in cash and partly in securities, by installments or otherwise, by recovery from his emoluments or otherwise, as may be directed by the authority competent to sanction an advance for the grant of which, special reasons are required under sub-rule (2) of Rule 12.

What is the GPF Rule No. 11 on Interest?

11. Interest -(1) Subject to the provisions of sub-rule (5), Government shall pay to the credit of the account of a subscriber interest at such rate as may be determined for each year according to the method of calculation prescribed from time to time by the Government of India;

Provided that, if the rate of interest determined for a year is less than 4 percent, all subscribers to the Fund in the year preceding that for which the rate has for the first time been fixed at less than 4 percent, shall be allowed interest at 4 percent:

Provided further that a subscriber who was previously subscribing to any other Provident Fund of the Central Government and whose subscriptions, together with interest thereon, have been transferred to his credit in his Fund under Rule 35, shall also be allowed interest at 4 percent, if he had been receiving that rate of interest under the rules of such other Fund under a provision similar to that of the first proviso to this rule.

(2) Interest shall be credited with effect from the last day of each year in the following manner:-

(i) on the amount to the credit of a subscriber on the last day of the preceding year, less any sums were withdrawn during the current years – interest for twelve months;

(ii) on sums withdrawn during the current year – interest from the beginning of the current year up to the last day of the month preceding the month of withdrawal;

(iii) on all the sums credited to the subscriber’s account after the last day of the preceding year – interest from the date of deposit up to the end of the current year;

(iv) the total amount of interest shall be rounded to the nearest whole rupee (fifty paise counting as the next higher rupee):

GPF Interest Rates from 1960 Table List

• GPF Interest Rate 1977-78: 7.5%
• GPF Interest Rate 1976-77:7.5%
• GPF Interest Rate 1975-76: 7.5%
• GPF Interest Rate 1974-75: 7.2%
• GPF Interest Rate 1973-74: 6%
• GPF Interest Rate 1972-73: 6%
• GPF Interest Rate 1971-72: 5.7%
• GPF Interest Rate 1970-71: 5.5%
• GPF Interest Rate 1969-70: 5.25%
• GPF Interest Rate 1968-69: 5.1%
• GPF Interest Rate 1967-68: 4.8%
• GPF Interest Rate 1966-67: 4.6%
• GPF Interest Rate 1965-66: 4.25%
• GPF Interest Rate 1964-65: 4%
• GPF Interest Rate 1963-64: 4%
• GPF Interest Rate 1962-63: 4%
• GPF Interest Rate 1961-62: 3.75%
• GPF Interest Rate 1960-61: 3.75%
• GPF Interest Rate: 1959-60

GPF Slip, Statement, Subscription, and Status Updates