State Railway Provident Fund – Rate of interest during the 4th Quarter of FY 2023-24

State Railway Provident Fund – Rate of interest during the 4th Quarter of financial year 2023-24 (1st January, 2024 – 31st March, 2024): Railway Board Order dated 25.01.2024

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

No. F(E)II/2003/PF-1/1

New Delhi, Dated: 25.01.2024

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 4th Quarter of financial year 2023-24 (1st January, 2024 – 31st March, 2024).

A copy of Ministry of Finance, Department of Economic Affairs’ Resolution F.No. 5(3)-B(PD)/2023 dated 02nd January, 2024 prescribing interest at the rate of 7.1%(Seven point one percent) w.e.f. 1st January, 2024 to 31st March, 2024 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.) Il,
Railway Board.

No. F(E)III/2003/PF-1/1 New Delhi, Dated. 25 .01.2024

Copy to:
Deputy Comptroller and Auditor General of India (Railways), Room No. 222, Rail Bhawan, New Delhi

For Member Finance, Railway Board.

Source: Indian Railways