General Provident Fund, Other Funds Interest Rates For July–September 2025 Quarter Announced
Thursday, 3 July 2025 () The Ministry of Finance has maintained that General Provident Fund and other similar funds shall carry interest at the rate of 7.1 percent w.e.f. 1st July, 2025 to 30th September, 2025. This rate will be in force w.e.f. 1 July, 2025.
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
Thursday, 3 July 2025 ()
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
