GP Fund Interest Rate 2026–27 in Pakistan: Latest 12.05% Rate, Provinces and Status
Understand the latest Federal GP Fund markup rate, revised subscription deductions from August 2026 and the current status for Punjab Government employees.
By Khyrat Hussain · Updated 11 October 2026
Government employees searching for the GP Fund interest rate for 2026–27 should distinguish between the annual GP Fund markup rate and the monthly GP Fund subscription deducted from salary. These are separate figures issued for different purposes.
The Federal Government has officially fixed a GP Fund markup rate of 12.05% for FY 2025–26 (Finance Division Resolution dated 3 September 2026). The markup rate for FY 2026–27 has not been announced yet and is expected after July 2027. The notification dated 13 August 2026 concerns revised monthly GP Fund subscriptions under the new pay scales; its percentages of 3%, 5% and 8% are subscription rates, not annual markup rates.
1.Quick Answer
As of 11 October 2026, the latest notified GP Fund markup rate is 12.05% per annum for FY 2025–26. It is listed in Finance Division letter No. 8(1)GS-I/2018-0001 dated 12 August 2026 and formally fixed by Resolution No. F. NO. 2(1)REG-7-2014-2015 dated 3 September 2026. The FY 2026–27 rate has not been announced yet. Each year's rate is fixed after that year ends (12.46% for 2024–25 on 10 September 2025, and 12.05% for 2025–26 on 3 September 2026), so the 2026–27 rate is expected after July 2027. Until then, 12.05% is used as an estimate. The revised Federal GP Fund subscriptions notified on 13 August 2026 apply from the salary for August 2026, payable on 1 September 2026, until further orders.
Sindh and Khyber Pakhtunkhwa have also notified 12.05% for FY 2025–26, and Punjab and Balochistan apply the Federal markup rate. Employees can confirm their balance and credited markup with their Accountant General or District Accounts Office.
2.What Is the Latest Federal GP Fund Markup Rate?
The latest official Federal GP Fund markup rate is 12.05% for FY 2025–26. It was notified by the Government of Pakistan, Finance Division, on 12 August 2026.
The official notification calls it the “rate of markup on State Provident Fund” rather than an interest rate. Employees and online searchers commonly use “GP Fund interest rate” and “GPF profit rate” for the same concept.
The officially notified rates for the latest completed fiscal years are:
| Fiscal Year | Federal GP Fund Markup Rate | Status |
|---|---|---|
| FY 2023–24 | 13.97% | Officially notified (listed in Finance Division letter dated 12 August 2026) |
| FY 2024–25 | 12.46% | Officially notified (Resolution dated 10 September 2025) |
| FY 2025–26 | 12.05% | Latest officially notified rate (Resolution dated 3 September 2026) |
| FY 2026–27 | Not yet announced | Expected after July 2027. Until then, 12.05% is used as an estimate. |
12.05% is the official rate for FY 2025–26. The FY 2026–27 rate has not been announced yet, so 12.05% is used only as an estimate for 2026–27.
3.Has the GP Fund Markup Rate for FY 2026–27 Been Announced?
No separate Federal GP Fund markup percentage for FY 2026–27 has been notified as of the date of this article.
The existence of a 2026–27 Federal budget or new GP Fund deductions does not mean that the annual markup rate for the same fiscal year has also been announced. These matters are covered through separate notifications.
This article will be updated when the Finance Division issues an official FY 2026–27 GP Fund markup notification.
4.What Was Announced on 13 August 2026?
The Finance Division notification dated 13 August 2026 revised the monthly GP Fund subscriptions for Federal Government employees following the introduction of the 2026 Basic Pay Scales.
The minimum subscription rates applied to the notified mean basic pay are:
- BS-1: 3%
- BS-2 to BS-11: 5%
- BS-12 to BS-22: 8%
These percentages determine the prescribed monthly subscription for each Basic Pay Scale. They are not the annual return or markup credited to an employee’s accumulated GP Fund balance.
The new deductions apply from the salary for August 2026 and are payable on 1 September 2026. This means the new subscription schedule is correctly used for August 2026 onward, not for reconstructing deductions from previous years. Employees can use the Pakistan Basic Pay Scale and Stage Calculator to check their basic pay, annual increment and stage under the applicable pay scale.
5.GP Fund Subscription and Markup Are Different
The distinction between subscription and markup is important when checking a salary slip or calculating an estimated GP Fund balance.
| GP Fund Subscription | GP Fund Markup |
|---|---|
| Deducted from an employee’s monthly salary | Credited to the accumulated GP Fund balance |
| Prescribed according to Basic Pay Scale | Notified separately for a fiscal year |
| Revised from August 2026 | Latest official rate is 12.05% for FY 2025–26 |
| Uses subscription rates of 3%, 5% or 8% | Separate from the subscription percentages |
For example, the notified mean basic pay for BS-16 is Rs. 74,520. Applying the 8% subscription rate produces Rs. 5,961.60, prescribed as a monthly GP Fund subscription of Rs. 5,962.
This Rs. 5,962 is the monthly contribution deducted from salary. It must not be confused with the separate annual markup rate of 12.05% for FY 2025–26.
6.Selected Federal GP Fund Deductions for 2026
Some prescribed monthly subscription amounts are:
| Basic Pay Scale | Monthly GP Fund Subscription |
|---|---|
| BS-1 | Rs. 722 |
| BS-5 | Rs. 1,598 |
| BS-10 | Rs. 2,157 |
| BS-12 | Rs. 3,964 |
| BS-16 | Rs. 5,962 |
| BS-17 | Rs. 7,619 |
| BS-18 | Rs. 9,562 |
| BS-22 | Rs. 17,605 |
The complete BS-1 to BS-22 deduction chart is available in the Federal Government GP Fund Calculator.
See the complete BS-1 to BS-22 chart in our GP Fund Deduction Rates 2026 guide.
7.Calculate Your Federal GP Fund Estimate
Employees can use the Federal Government GP Fund Calculator to select their BPS and load the prescribed monthly subscription.
Enter the closing balance from your latest official GP Fund statement as the opening balance. The calculator can then estimate contributions, markup and a projected closing balance for the selected period.
The HisaabKit GP Fund calculator uses 12.05%, the latest notified rate, as its default and shows FY 2026–27 as not yet announced.
The calculation is a planning estimate and not an official AGPR or departmental GP Fund statement. Federal employees planning for retirement can also use the Federal Pension Calculator to estimate their pension, commutation, gratuity and other available retirement figures based on the information entered.
8.GP Fund Markup Rate for Provincial Employees
Sindh: 12.05% — Finance Department notification No. FD(RES-V)3(03)2019 dated 9 October 2026.
Khyber Pakhtunkhwa: 12.05% — notified by the Finance Department, Khyber Pakhtunkhwa.
Punjab: applies the Federal markup rate (12.05% for FY 2025–26).
Balochistan: applies the Federal markup rate (12.05% for FY 2025–26).
Pakistan Railways and the Ministry of Defence issue separate instructions for the provident funds under their control.
9.Does the Federal Subscription Chart Apply to Punjab Employees?
The 13 August 2026 notification is a Federal Government subscription notification. Its BS-wise deduction amounts should not automatically be labelled as Punjab GP Fund deductions.
Punjab employees should compare their monthly deduction with their salary slip and wait for an official provincial notification or departmental direction before treating the Federal subscription chart as applicable to them.
9.1.How to Verify Your GP Fund Record
Before calculating an estimated balance, check:
- Your correct Basic Pay Scale.
- The GP Fund deduction shown on your latest salary slip.
- The closing balance on your latest official GP Fund statement.
- Any advances, withdrawals, refunds or missing deductions.
- The applicable markup rate for the relevant fiscal year.
- Any adjustment made by AGPR, Accountant General Punjab or the concerned accounts office.
Do not recalculate contributions from previous years using the August 2026 subscription schedule. Earlier periods should retain the subscription amounts applicable during those periods.
9.2.Official Sources
- Federal GP Fund markup notification—12.05% for FY 2025–26
- Federal GP Fund subscription notification dated 13 August 2026
- Federal GP Fund markup notification—12.46% for FY 2024–25
- Punjab Finance Department notifications
- Finance Division Resolution No. F. NO. 2(1)REG-7-2014-2015 dated 3 September 2026 — GP Fund 12.05% for FY 2025–26
Government notifications and departmental records should prevail over online estimates. Verify important GP Fund figures through the relevant Finance Department, Accountant General or accounts office.
