The annual interest rate of individual housing provident fund deposit is fixed:1.5% in the current year; 65438+ 0.5% carried forward from the previous year. As for the bank deposit interest rate, every commercial bank is floating on the basis of the central bank's benchmark interest rate. And the deposit period is different, and the interest rate is different. Therefore, which is higher, the interest of provident fund or deposit, is relative.
20 16, 18 On February 8th, according to the Notice of the Central Bank, the Ministry of Housing and Urban-Rural Development and the Ministry of Finance on Perfecting the Formation Mechanism of Deposit Interest Rate in Employees' Housing Provident Fund Account, the deposit interest rate in employees' housing provident fund account was adjusted from the current benchmark interest rate for current and three-month deposits divided by collection time to the unified benchmark interest rate for one-year time deposits on February 2nd. The housing provident fund shall bear interest at the interest rate stipulated by the state from the date of deposit in the housing provident fund account. China's housing provident fund implements a low interest rate policy, calculated according to the deposit interest rate listed on the interest settlement date, and transferred to the carry-over households in the previous year after interest settlement; The interest is calculated according to the 3-month lump-sum time deposit rate published on the interest settlement date carried forward last year. The interest settlement date is June 30th of each year.
: One-year interest on ten thousand provident fund 150 yuan. After the new housing provident fund policy of 20 16, the balance of all provident fund accounts will be calculated according to 1.5%.
If the balance of the employee provident fund account is 654.38+00000 yuan, and all of them are carried forward from the previous year, the interest earned in the previous year is 10000 *1%=10 yuan, and the interest earned in the new deal next year is10000 yuan.
Before the implementation of the New Deal, the deposit interest rate of housing provident fund has been relatively low. If it is the provident fund issued in that year, it can only be calculated at the current interest rate of 0.35%. If it is a provident fund carried forward from last year, it will bear interest at the benchmark interest rate of three-month time deposits, which is only 1. 1% at present. After the implementation of the New Deal, the balance of the provident fund account is calculated according to 1.5%.