GPF Interest Calculator updated up to 2015-16 – Compounded Interest Calculation for your General Provident Fund contribution from the year 2005-06 to 2015-16

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Benefits of calculating GPF Interest on your own:

Though PAO issues GPF Balance statement along with interest accrued so far every year, there is a clause in the said statement to the effect that discrepancies if any will have to be pointed by the employee concerned. GConnect GPF InterestCalculator makes your job easy for verifying the correctness of GPF Balance Statement provided by PAO.

This online tool is updated whenever finance ministry annouces the rate of interest applicable in respect of GPF. So, employees can plan in advance with regard to subscription they are going to make in the coming financial year and calculate the GPF amount and interest accrued on the same which would be available in their GPF Account at the end of the year.

Also, GPF interest Calculator can be used to plan for GPF Advance or part withdrawals.

GPF Interest, CPF Interest and similar Provident Fund Interest for the year 2015-16

General Provident Fund Interest Rate and Contributory Provident fund Interest rate applicable to Central Government Employees will be @ 8.7% during the year 2015-16

How to use Gconnect GPF Interest Calculator ? Checkout the following link.

Click here to know how to use GPF Interest Calculator to calculate GPF Interest from 2005.

General Provident Fund – FAQ

New Pension Scheme – Frequently Asked Questions

General Provident Fund - GPF Interest Calculator (From the Year 2005-06)

GPF Entry Sheet
Name of the Employee (Optional)
Designation (Optional)
Department (Optional)
GPF Account Number (Optional)
Enter Opening Balance of GPF at the beginning of the year
Enter Monthly Subscription (This is for same amount of subscription for 12 months-You can edit month wise GPF subscription below in the work sheet below if you have variable amount of monthly subscription)
Select financial year for which GPF Interest has to be calculated		2005-06         2006-07         2007-08         2008-09         2009-10         2010-11         2011-12         2012-13         2013-14         2014-15         2015-16
Enter monthly GPF advance recovery (This is for same amount of recovery for 12 months-You can edit month wise GPF recovery in the work sheet below if you have taken advance in the middle of the year)
If you had withdrawn or taken advance enter the amount in the work sheet below in the relevant month in which withdrawal/advance is taken

GPF interest Calculation Work Sheet
Month	Monthly Subscription	GPF Advance Recovery	Enter the amount wihdrawn in the appropriate month	Enter the amount drawn as advance in the appropriate month	Monthly Interest bearing GPF balance
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Total
Opening Balance of GPF at the beginning of the Year
Total Monthly GPF subscription
Total Recovery amount for GPF Advance
Total Deposits
Total GPF amount withdrawn during this year
Total GPF advance taken during this year
Net GPF Balance without interest for this year
GPF interest for this year
GPF Balance (including interest) at the end of the year

How to GConnect GPF Interest Calculator for calculating GPF Interest from 2005-06? Click here for details