India's GPF Interest Rate Held Steady at 7.1% for July-September Quarter

The Ministry of Finance has kept the interest rate for the General Provident Fund (GPF) unchanged at 7.1% for the July-September 2025 quarter. This was notified by the Department of Economic Affairs (DEA) on July 2, 2025. The rate will remain effective from July 1 to September 30, 2025.

Applicable to Multiple Government Funds

The 7.1% interest rate applies to a number of government-run provident funds. These include the GPF (Central Services), the Contributory Provident Fund (India), the All India Services Provident Fund, and the State Railway Provident Fund. Other defence and departmental provident funds are also covered.

Funds Covered Under This Rate

Funds included in the notification:

• General Provident Fund (Central Services)
• Contributory Provident Fund (India)
• All India Services Provident Fund
• State Railway Provident Fund
• General Provident Fund (Defence Services)
• Indian Ordnance Department Provident Fund
• Indian Ordnance Factories Workmen’s Provident Fund
• Indian Naval Dockyard Workmen’s Provident Fund
• Defence Services Officers Provident Fund
• Armed Forces Personnel Provident Fund

Quarterly Review Mechanism

The interest rate for these funds is reviewed every quarter. The July-September 2025 rate has been kept the same as the previous quarter. These schemes are specific to government employees who contribute part of their salary regularly.

Subscribers receive the accumulated corpus and interest when they retire. The fund is not open to the general public and is available only to government personnel under applicable services.

Read More: 8th Pay Commission Still Lacks Key Officials as DoPT Extends Application Deadline Again!

Difference from PPF and EPF

The GPF rate is currently the same as the Public Provident Fund (PPF), which also offers 7.1%. However, PPF is open to all citizens with a 15-year lock-in. Employees’ Provident Fund (EPF), meant for private sector employees, has a higher interest rate of 8.25% for FY 2024-25.

Conclusion

The GPF interest rate will stay at 7.1% for the July to September 2025 period. The notification confirms no change in rates across all relevant government provident fund schemes this quarter.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.