GPF Rules and Provisions
- Eligibility to join the Fund
- GPF Subscription
- Allotment of GPF Account No
- GPF Advance
- GPF Withdrawal
- GPF Final Payment
- GPF Annual Accounts Statement
- GPF Nomination
- GPF Ledger Card
- GPF FP Authority
-
Rates of Interest
- GPF Calculation
- Adjustment of Missing Debit
- Forwarding of Application
- Checklists for GPF Final Payment Cases
- Information for Subscriber/DDO
| Calculation of interest for the year 2013-14 in r/o XXXXXXX (Name) : | ||||||
| Opening balance as on 01/04/2013 | 89389 | |||||
| Monthly Subscription | 2000 | |||||
| Refundable Adv. drawn on 25th June (refund @500/10) | 5000 | |||||
| DA arrear (July-2013) | 4300 | |||||
| Rate of interest | 8.70% | |||||
| Month | Subscription | Refund | Arrears | Total Deposit | Progressive | |
|---|---|---|---|---|---|---|
| Apr-13 | 2000 | 0 | 0 | 2000 | 0 | 91389 |
| May-13 | 2000 | 0 | 0 | 2000 | 0 | 93389 |
| Jun-13 | 2000 | 0 | 0 | 2000 | 5000 | 90389 |
| Jul-13 | 2000 | 500 | 4300 | 6800 | 0 | 97189 |
| Aug-13 | 2000 | 500 | 0 | 2500 | 0 | 99689 |
| Sep-13 | 2000 | 500 | 0 | 2500 | 0 | 102189 |
| Oct-13 | 2000 | 500 | 2500 | 0 | 104689 | |
| Nov-13 | 2000 | 500 | 0 | 2500 | 0 | 107189 |
| Dec-13 | 2000 | 500 | 0 | 2500 | 0 | 109689 |
| Jan-14 | 2000 | 500 | 2500 | 0 | 112189 | |
| Feb-14 | 2000 | 500 | 2500 | 0 | 114689 | |
| Mar-14 | 2000 | 500 | 2500 | 0 | 117189 | |
| 24000 | 4500 | 4300 | 32800 | 5000 | 1239868 | |
| Opening balance as on 01/04/2013 | 89389 | |||||
| Deposits | 32800 | |||||
| Interest =Progressive X Rate of Interest 1239868X8.7 =8989 | 8989 | |||||
| 100 x Months 100 x 12 | ||||||
| Total | 131178 | |||||
| Withdrawal | 5000 | |||||
| Closing balance as on 31.03.2014 | 126178 | |||||