Has govt changed GPF interest rate from 7.1%?
The Ministry of Finance has announced that the interest rate for the General Provident Fund (GPF) will remain at 7.1% for the October–December 2026 quarter, according to a statement released by the Department of Economic Affairs. This rate applies to various government funds, including the General Provident Fund (Central Services), Contributory Provident Fund (India), All India Services Provident Fund, and several others.
The GPF is exclusive to state and central government employees subscribed to the Old Pension Scheme (OPS), with contributions made from their wages. Upon retirement, eligible employees receive the accumulated funds. The Ministry of Finance reviews the GPF interest rate quarterly, with the current rate retained for the upcoming quarter.
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