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GPF Interest Calculator updated up to 2015-16 – Compounded Interest Calculation for your General Provident Fund contribution from the year 2005-06 to 2015-16
Calculate Interest earned for your GPF subscription from the year 2005 using the updated GConnect GPF Interest Calculator. This tool also takes in to account the GPF advances and GPF withdrawals availed in a GPF Account.
Benefits of calculating GPF Interest on your own:
Though PAO issues GPF Balance statement along with interest accrued so far every year, there is a clause in the said statement to the effect that discrepancies if any will have to be pointed by the employee concerned. GConnect GPF Interest Calculator makes your job easy for verifying the correctness of GPF Balance Statement provided by PAO.
This online tool is updated whenever finance ministry annouces the rate of interest applicable in respect of GPF. So, employees can plan in advance with regard to subscription they are going to make in the coming financial year and calculate the GPF amount and interest accrued on the same which would be available in their GPF Account at the end of the year.
Also, GPF interest Calculator can be used to plan for GPF Advance or part withdrawals.
GPF Interest, CPF Interest and similar Provident Fund Interest for the year 2015-16
How to use Gconnect GPF Interest Calculator ? Checkout the following link.