In line with RMA’s notification on the 3rd revision of MLR from 6.66% to 6.51% dated August 03, 2017, the National Pension and Provident Fund (NPPF) would like to inform that there is no change in the interest rates for member loan products. However, interest rate for corporate clients has been revised.
If you are nearing retirement and need to plan for it, here are some tips for you:
Once you receive the provident fund benefit, you need to open the pension savings account with any banks or post offices of your choice.
Inform your pension saving account number to NPPF after account opening and then you will receive life-long pension by direct fund transfer every month.
