PF money is coming
It has been reported that the PF interest will be paid by the end of this month. It has been reported that the PF interest amount for the financial year 2020-21 will be paid very soon. The good news is that PF interest is being paid as festivals including Deepavali approach.
It has been reported that over 6 crore people will be paid PF interest by the end of this month. It is noteworthy that the PF interest rate for the year 2020-21 has been fixed at 8.5%.
Most people were caught in a severe financial crisis during the Corona crisis. Many lost their jobs; The employment and income of many were affected. In this situation a lot of people took PF money.
The PF interest rate has been fixed at 8.5 per cent from March 2019-20. This is the lowest interest rate in the last seven years. It is noteworthy that 8.65% interest was paid in 2018-19 before the mortgage.