EPFO hikes interest rate for 2023-24 to 3-year high of 8.25% from 8.15%

The Employees’ Provident Fund Organisation, on Saturday, raised the interest rate on provident fund deposit to 8.25% for 2023-24 compared to 8.15% in the preceding year and 8.10% in 2021-22, a move that will cheer up over 65 million EPFO subscribers.

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