Provident Fund

1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).

Capturing GPF Balances of State Government Employees

Governor is pleased to extend the last date of capturing GPF Balances of the State Government Employees including approval by Head of Office whose Accounts are maintained by the Office of Accountant General (A&E), West Bengal upto 5th March, 2020.

Rate of Interest on GPF (01.04.2020 to 30.06.2020)

Accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum. The rate will be in force during this financial year for the period from 01.04.2020 to 30.06.2020.

Rate of Interest on GPF (01.10.2019 to 31.12.2019)

During the period from 01.10.2019 to 31.12.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9% (seven point nine percent) per annum.

Further Steps to Streamline the GPF Works

Sanctioning Authority will sent the attested amount mentioning subscriptions, recoveries and withdrawals during the period uncovered in the A.G’s statement along with the sanctioning order to the Drawing and Disbursing Officer.

Rate of Interest on GPF (01.01.2019 to 31.03.2019)

General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 8% (eight percent) per annum w.e.f. 01.01.2019 to 31.03.2019.