13% Interest against GPF & CPF for Govt. Employees

Are you a Government Employee? Do you deposit your money as GPF or CPF? Good news for you!

The General Provident Fund Rules, 1979- Rule 12(1) and The Contributory Provident Fund Rules, 1979- Rule 12 say, The rate of interest of General Provident Fund (GPF) and Contributory Provident Fund (CPF) which are included to the accound of The Peoples Republic of Bangladesh are remained 13% as the previous year. But if any CPF organizations fail to bear the cost of interest, they can use the CPF money bearing maximum 13% interest.

News Published on: 12th August, 2020

Signed by:

Dr. Md. Nazrul Islam
Joint Secretary,
Ministry of Finance, Bangladesh.

Here the notice is attached below:

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