State Railway Provident Fund – Revision of Rate of Interest for 2017-18
Railway Board circular on State Railway Provident Fund — Rate of interest during the year 2017-18
Ministry of Railways circular on Rate of Interest.
RBE No. 42 /2017
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
New Delhi, Dated : 25.04.2017
All Zonal Railways/Production Units,
(As per mailing list)
Subject: State Railway Provident Fund — Rate of interest during the year 2017-18 (April, 2017 — June, 2017).
A copy of Government’s Resolution No. 5(1)-B(PD)/2017 dated 18th April, 2017 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.9% (Seven point nine per cent) w.e.f 1st April,2017 to 30th June, 2017 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.
Please acknowledge receipt.
Deputy Director, Finance (Est(.) III