GPF: The government has revealed the interest rate for the General Provident Fund (GPF). In addition to GPF, the government has also set the interest rates for other provident funds for the period from April to June 2026. For the quarter starting April 1 and ending June 30, 2026, the government will provide an interest rate of 7.1 percent on GPF. This interest rate matches that of the Public Provident Fund (PPF), which is also currently at 7.1 percent. This updated interest rate will apply to GPF, the Contributory Provident Fund, the All India Service Provident Fund, and various other provident funds.
The government has established the interest rate for GPF
As per the Ministry of Finance, GPF will yield an annual interest of 7.1% for the quarter from April to June 2026. These rates will be effective from April 1, 2026, through June 30, 2026. They will be applicable to GPF, the Contributory Provident Fund, the All India Service Provident Fund, and other government provident funds. The Department of Economic Affairs within the Ministry of Finance announced that these rates will take effect with the commencement of the new financial year 2026-27. GPF is regarded as a secure investment option, particularly for government employees.
What is the interest earned on GPF and PPF?
GPF provides the same interest rate as PPF. The interest rates for GPF align with those of the Public Provident Fund (PPF). All the funds listed below also earn interest at a rate of 7.1%.
1. General Provident Fund (Central Services).
2. Contributory Provident Fund (India).
3. All India Service Provident Fund.
4. State Railway Provident Fund.
5. General Provident Fund (Defence Services).
6. Indian Ordnance Department Provident Fund.
7. Indian Ordnance Department Factories Provident Fund.
8. Indian Naval Dockyard Workers (Provident Fund).
9. Defence Services Officers Provident Fund.
10. Armed Forces Personnel Provident Fund.
What is General Provident Fund?
The General Provident Fund (GPF) is a type of provident fund available only to central government employees in India. Anyone in the government can contribute a portion of their salary to the General Provident Fund. Upon retirement, employees receive the accumulated savings plus interest. The Finance Ministry reviews the GPF interest rate quarterly and announces the quarterly interest rate.