With Latest Interest Rate Hike, EPF Now Offers More Than Any Small Savings Scheme
The EPFO has hiked interest rate on employees’ provident fund (EPF) to a three-year high of 8.25 per cent for 2023-24, against 8.15 per cent earlier. The interest rate is now higher as compared to small savings schemes like PPF, Sukanya Samriddhi Yojana and post office deposits, which offer up to 8.2 per cent annually….