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Thread: Interest on GPF on Transfer of GPF from one office to other

  1. #1
    Junior Member vatsamanju is on a distinguished road
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    Question Interest on GPF on Transfer of GPF from one office to other

    Which deptt will bear the interest i.e. (old deptt or new deptt) if the transfer of GPF from one office to other office will take time.

  2. #2
    Senior Member tvenkatam is on a distinguished road
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    Quote Originally Posted by vatsamanju View Post
    Which deptt will bear the interest i.e. (old deptt or new deptt) if the transfer of GPF from one office to other office will take time.
    Dear friend,

    While transferring the GPF to a new account, the interest on the balance till the date of transfer will be calculated and added to the balance before transfer by GPF maintaining authority (old Deptt.).

  3. #3
    Senior Member RKPATHAK is an unknown quantity at this point
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    Default Gpf

    Interest calculated for one month from the date one cease to be in service and apply for transfer(.) thereafter it become the liability of new organisation

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