GPF Interest Rate: Finance Department Announces GPF Interest Rate for State Government Employees

GPF Interest Rate: This is an important update for West Bengal’s state government employees. The Finance Department of the State Government has issued a new notification regarding the interest rate for provident funds. This announcement is highly significant for the lakhs of government employees in the state who rely on their provident fund for their future financial security. The notification specifies the interest rate for the third quarter of the current financial year, which will help employees in their financial planning.

According to the notification published on October 29, 2025, the interest rate has been set for the General Provident Fund (GPF) and other similar provident funds. This rate will be applicable to all state government employees covered under these schemes.

What is the Interest Rate?

As per the Finance Department’s notification, the interest rate for provident funds for the third quarter of the 2025-26 financial year has been set at 7.1%. This rate will be effective for the period from October 1, 2025, to December 31, 2025. This brings a message of stability for state government employees, as this interest rate has remained unchanged for several years.

It is particularly noteworthy that this interest rate has been maintained at the same level for over five years. Despite various market fluctuations, the state government has ensured a fixed and reliable return on the provident funds of its employees.

Applicable to Which Funds?

This newly announced 7.1% interest rate will be applicable to the following funds:

• General Provident Fund (GPF)
• Contributory Provident Fund (CPF)
• Other similar provident funds maintained by the Government of West Bengal

This stable interest rate is a significant source of assurance for government employees regarding their long-term savings. It helps them plan for their financial security post-retirement. Since there has been no change in the interest rate, employees can remain certain about their monthly savings and future returns, just as before. This decision also reflects the consistency of the state’s financial policy.