With latest interest rate hike, EPF now offers more benefits than any small savings scheme

EPFO has hiked the Employees Provident Fund (EPF) interest rate to a three-year high of 8.25% for 2023-24 from 8.15% earlier. The current interest rates are higher compared to small savings schemes like PPF, Sukanya Samriddhi Yojana and post office deposits, which offer interest rates as high as 8.2% per annum. Below are small savings … Read more