Annual Interest

Annual interest rate declared will be the average rate from interest received on investment after deducting the expenses incurred on the administrative affairs of the Fund. Rate of interest payable on the balance brought forward at the ending of each year. Payments of interest will be worked out by the board of trustees when decided upon. The annual interest rate will be published after approval of the Board of Trustees. Annual interest for year 2013 is 17.4%.

An annual certificate showing the state of each members account will be sent to their respective units at the end of each year.

  • Director of Army Benevolent Fund
    Director
    Army Benevolent Fund

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