CPF board to hold interest rate at 2.5 per cent

CPF board to hold interest rate at 2.5 per cent

The Central Provident Fund (CPF) Board said yesterday that the Ordinary Account interest rate for CPF members will continue to hold at 2.5 per cent per annum from January to March next year.

The board will also continue to pay the extra 1 per cent interest on the first $60,000 of a member's combined balances, and maintain the 2.6 per cent per annum concessionary interest rate for HDB mortgage loans.


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