Get Non Refundable Gpf Kerala Software Form

The GPF or General Provident Fund is a savings scheme available to government employees who joined service before 2004. The interest rate on the GPF is set every quarter and stood at 7.1% for Q1, 2023-24 (April-June 2023). A subscriber can withdraw the GPF amount on leaving government service or on retirement.

The advance can be drawn to the extent of the monetary limits prescribed in the delegation of financial powers of the respective departments subject to a maximum of 75% of the balance at credit or (3a-b)/4 (a = balance at credit, b = amount of consolidated advance outstanding) whichever is less.

GPF Information However, it cannot be less than 6% of the basic pay and not more than the basic pay in the case of full-time employees and it can not be less than 3% of the emoluments and not more than the emoluments in the case of part-time contingent employees.

Govt announces General Provident Fund (GPF), CPF interest rates for Jan-Mar 2023 quarter. The Ministry of Finance has kept the interest rate of GPF or General Provident Fund unchanged at 7.1% for the January-March quarter of 2023.

It is announced for general information that during the year 2022-2023, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1 % (seven point one percent) w.e.f. 1,t January, 2023 to 31,t March, 2023. Endst. No.

The current GPF interest rate for the financial year 2021-2022 is 7.1% for all GPF subscribers and subscribers of similar other funds. The GPF interest rates are regularly updated as per the release by the Ministry of Finance. All government employees are eligible for the same interest rate.

How to Apply forClosure? Application for closure has to be filed in Form E. The application duly filled in and signed by the subscriber/claimant(s)is to be given to the department for forwarding the same to the Accountant General along with requisite documents by the Head of Office.

The advance can be drawn to the extent of the monetary limits prescribed in the delegation of financial powers of the respective departments subject to a maximum of 75% of the balance at credit or (3a-b)/4 (a = balance at credit, b = amount of consolidated advance outstanding) whichever is less.