### GP Fund (General Provident Fund) Interest Rates 1963 to 2012

These GP Fund Interest rates are very useful for the Govt Employees. These can help in calculating the interest on *GP Fund* as well as these can be very useful for the purpose of calculating interest on Motor Car Advance, Motor Cycle Advance etc.The year wise interest rates on the GP Fund since 1963 to 2012 are as under:

Year | Rate of Interest | Year | Rate of Interest |

1963-64 | 04.00 | 1989-90 | 15.93 |

1964-65 | 05.00 | 1990-91 | 15.93 |

1965-66 | 05.25 | 1991-92 | 15.93 |

1966-67 | 06.00 | 1992-93 | 15.93 |

1967-68 | 06.00 | 1993-94 | 15.54 |

1968-69 | 06.25 | 1994-95 | 15.44 |

1969-70 | 06.25 | 1995-96 | 15.49 |

1970-71 | 06.25 | 1996-97 | 16.76 |

1971-72 | 06.50 | 1997-98 | 17.51 |

1972-73 | 07.25 | 1998-99 | 17.35 |

1973-74 | 08.25 | 1999-00 | 16.11 |

1974-75 | 10.25 | 2000-01 | 15.00 |

1975-76 | 10.50 | 2001-02 | 15.00 |

1976-77 | 10.75 | 2002-03 | 14.50 |

1977-78 | 11.75 | 2003-04 | 13.50 |

1978-79 | 12.00 | 2004-05 | 12.00 |

1979-80 | 12.50 | 2005-06 | 10.50 |

1980-81 | 13.00 | 2006-07 | 11.00 |

1981-82 | 13.00 | 2007-08 | 12.50 |

1982-83 | 13.20 | 2008-09 | 15.00 |

1983-84 | 14.00 | 2009-10 | 14.00 |

1984-85 | 14.60 | 2010-11 | 14.20 |

1985-86 | 14.72 | 2011-12 | 13.70 |

1986-87 | 14.66 | 2012-13 | 12.00 |

1987-88 | 14.00 | 2013-14 | 13.50 |

1988-89 | 14.84 | 2014-15 | 11.75 |

Note these rates are also applicable to GP Fund Balances however for calculation of interest on GP Fund accounts a bonus @ 30 % of interest will be added for the years from 1986-1987 to 1999-2000.

** NOTE:** In the above chart, bonus @ 30% of interest for the years from 1986-87 to 1999-2000 has been added in the interest rates as shown by the calculations below.

Interest rate + bonus @ 30% of interest = Interest rate * 1.30 = Net Interest rate | |||

Year | Interest Rate | Year | Interest Rate |

1986-87 | 14.66 * 1.30 = 19.06 | 1993-94 | 15.54 * 1.30 = 20.20 |

1987-88 | 14.00 * 1.30 = 18.20 | 1994-95 | 15.44 * 1.30 = 20.07 |

1988-89 | 14.84 * 1.30 = 19.29 | 1995-96 | 15.49 * 1.30 = 20.13 |

1989-90 | 15.93 * 1.30 = 20.71 | 1996-97 | 16.76 * 1.30 = 21.79 |

1990-91 | 15.93 * 1.30 = 20.71 | 1997-98 | 17.51 * 1.30 = 22.76 |

1991-92 | 15.93 * 1.30 = 20.71 | 1998-99 | 17.35 * 1.30 = 22.55 |

1992-93 | 15.93 * 1.30 = 20.71 | 1999-2K | 16.11 * 1.30 = 20.94 |

Special thanks to Mr. Noor-ul-Haq.

A o a. Mujy gpf ki mukmal amount bta sakty hn ap retirement k wakt katni ho gi.

Me ap ko kia kia data send kar dun?

Hello Shumaila Kamal you have just mentioned about how to calculate GP Fund. but my question is that after calculating GPF how to calculate Sud dar Sud on deducted GP Fund.

Dear Sana Ullah I have already uploaded the calculation sheet for the same interest. You can see the same in the heading of ADVANCES at this website.

Will you please post GPF subsrciption rates since 1959-60 to date. very important

Dear Riffat I have not the copy/detail of the same.

A.A, Sisiter Mera age 38-years hai me Apne GP.fund account se 80% Advance Nikalwana Chahta hon me Nikal Sakta hon? Aur Advance amount wapas Instalent me jama hoga ya non-refundable hoga. thanks

Dear Abdul Zahir, you can get 80% amount of GPF but it will be refundable. Non-Refundable amount is granted at the age of 45 years.

I need GPF contribution(deduction) notification 2011 by Govt of the PUnjab

Dear Aslam, I have not the copy of the same.

I need GP Fund Advance policy notification of Govt. of Sindh, in which the amount of GP Fund Advance is tabluted as per age / service of the employee.

Thanks.

Dear Tariq Ali meray paas is notification ki copy nahin hay.

Assalam-o-Alikum

I am requesting you to please give me a chart of GP Fund Allowance Deduction list from scale 1 to 16 w.e.f.1990 to onward.

I am awaiting for good response.

Thanks.

Dear Muhammad Akhtar, The same chart is available at mine site in the Heading of GP Fund.

Dear Shumaila,

I am working in Cantonment Board Zhob. I do all the accounts works in my office. We give advance GP Fund to the employees without interest. and we also give the all G.P fund amount to the employees without providing interest amount. please verify me that we must receive interest on GP fund advance and must provide interest on the time of retirement to the employees.

Regard:

Tahir Buzdar.

Dear Tahir Buzdar, I am not fully confirm about the rulings of CB. I ll discuss the same about it soon.

Please elaborate the G.P Fund rate of Employees from BPS 01 TO 22 according to Punjab Government notification

Dear soon i ll publish the same.

sir

in azad kashmir govt. employee on gpf fund annual interest are not given ,only to gives benefits 1 % those emplyoee who got advanced,they say ,as we not take interest so not gives interest on gpf 99 % employees,secondly gpf fund deductions are every emplyoee personal saving ,and every emplyoee have rights ,to get interest if he desired,but unforunately a mafia involve and violate govt. emplyoees basic rights, plz high light it

You have only given the interest rate applicable to GP fund. you have ignored the Bonus applicable over a number of years as next year on that bonous you also get interest.

aoa

MADAM

WHEN GOVT WILL REVISE THE SCALES

ADEEL

Not confirm. I think no in near future.

Hi shumaila jee

can you post any religious thinker’s opinion about GP Fund interest if it is possible pls.

Why not if u send me authentic topic with proofs about it I ll publish here.

I found the age calculation formula and really happy. The reply of age is being received in one colum, but I want the reply in separate columns, i.e. Year, Month & Days separately be shown in separate column. May I hope for solution

for this purpose a softwares is required that is costly to prepare

While working as Stenographer BS-12, was granted BS-15 as Selection Grade. Lateron, I was allowed BS-16 as Move Over. I reached at the maximum of Move Over BS-16, therefore as per Move Over Policy, (Successive/Consecutive Move Over to the non gazetted BS-1 to BS-15 ) the competent authority allowed me BS-17 as Mover. The District Accounts Officer is not fixing the pay on serbvice book, with the plea that as the BS-17 is a gazetted scale/grade, therefore cannot be allowed as Mover Over to a Non Gazetted post/Stenographer. Due to the reason I am sufferring fiunancially.

It is therefore requested that I may kindly be helped in this regard.

A non-Gazetted can get BPS-17 as move over. But his scale will still remain non-gazetted. You can fix ur pay in BPS-17. If they not doing so they r wrong. You can consult some one other in Accounts Office rather than u meet earlier.

If you have any sold notification, may please be provided, so that I may able to defend my Move Over Case. I shall be thankful to you.

The G.P.Fund interest rate quoted againbst the year 1989-90 as Rs. 19.93 is not correct, but the correct rate is 15.93, which must be corrected

ok thanks for pointing mistake

thanks for pointing towards mistake

Thanks for the useful information

I want to know the Formula for calculation of GPF amount after an end of an year.

For example I have an amount of previous balance of Rs. 6875 and my deduction for the year 1998-1999 is 6120. What will be the profit for that year.

Regards

Dear You can see the formula of GP Fund Interest amount after the year. Just type the word ” GP Fund Interest Amount Formula” in the search engine at the top right corner of the site and you will see ur required formula.

nice information

thx friend

Thnks Dear for admiring my this little effort.