General Provident Fund: The Ministry of Finance has announced an interest rate of 7.1% on the General Provident Fund (GPF) and other related provident fund schemes for the quarter from July to September 2025. This interest rate remains the same as before. It will be implemented from 1 July 2025 to 30 September 2025.
General Provident Fund: A big news has come out for the employees of the Central Government. The Central Government Finance Ministry has announced the interest rate on General Provident Fund (GPF). Apart from GPF, the government has also announced the interest on other provident funds for July to September 2025. The government will pay 7.1 percent interest on GPA from July 1 to September 30, 2025. The 7.1 percent interest on GPF is being given as much as PPF. Central employees are considering this decision of the government as a shock.
Currently 7.1 percent interest is being given on PPF. This new interest rate will also be applicable to GPF, Contributory Provident Fund, All India Service Provident Fund and other provident funds. Let us tell you that no change has been made in the interest rates. These will remain the same as last year. According to media reports, interest rates have been stable since the year 2021.
The government was expected to change the interest rates
The Department of Economic Affairs of the Finance Ministry had announced the interest rates for the General Provident Fund and other similar provident funds during the quarter ‘1 January to 31 March’ this year. At that time the interest rate was kept at 7.1 percent. In the new year, government employees were expecting the NDA government to change the rates of the General Provident Fund, but the Finance Ministry did not make any change in the interest rates. Interest rates have been kept stable for a long time. The interest rates of ‘GPF’ have been kept at the same point for six years. This is being considered a big blow for central employees.
Know what is General Provident Fund
General Provident Fund (GPF) is a kind of provident fund which is given only to the central government employees of India. Everyone in the government can deposit a part of their salary in the General Provident Fund. When the employee retires, he gets the money and interest deposited during his period. The Finance Ministry reviews the GPF interest rate every quarter. Interest is announced every quarter.
Interest rate on Small Savings Schemes also remains the same
Not only GPF, the government has also not changed the interest rates of Small Savings Schemes for the July-September quarter. This is the sixth consecutive quarter when the government has not changed the interest rates on these small savings schemes.
7.1% interest will be available on Public Provident Fund i.e. PPF. The rate of 7.7% has been fixed on National Savings Certificate (NSC). Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) – both will get a return of 8.2%. All these rates are the same as the rates of the April-June 2025 quarter. 7.1 percent interest will be given on 3-year term deposit, 4 percent on post office savings deposit schemes, 7.5 percent on Kisan Vikas Patra (matures in 115 months), 7.7 percent on National Savings Certificate (NSC), 7.4 percent on Monthly Income Scheme and 8.2 percent on Senior Citizen Savings Scheme.
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