Rate of Interest for State Railway Provident Fund (SRPF) for 2011-2012

Railway Board Letter No
F(E)III/2003/PF1/1 dated 24.04.2012
Date
RBE No
55/2012
Circular Subject
State Railway Provident Fund - Rate of Interest during the year 2011-2012

1. A copy of Government's resolution No. 5(1)-B(PD)/2012 dated 19th March 2012 received from the Ministry of Finance (Department of Economic Affairs ) prescribing interest at the rate of 8% (Eight per cent) for the period from 01.04.2011 to 31.11.2011 and 8.6% (Eight point six per cent) with effect from 01.12.2011 on accumulations at the credit of subscribers to the State Railway Provident Fund, during the year 2011-2012, is enclosed for information and necessary action.

2. Please acknowledge receipt.

Enclosure : Government's resolution No. 5(1)-B(PD)/2012 dated 19th March 2012 received from the Ministry of Finance (Department of Economic Affairs )