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Old 10th February 2020, 20:38   #856
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Default Re: The "Provident Fund" Thread

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Also what is the max percentage in VPF I can put? In PF, it is 12% that goes. Online I read and it says max 100% of basic is allowed.
As far as I know, if the PF is managed by EPFO, then VPF can go upto 100% of your basic. But, if it is managed by a trust (like our company), then they fix the limit. And in our company, it is fixed to 28%.
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Old 10th February 2020, 21:16   #857
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Default Re: The "Provident Fund" Thread

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As far as I know, if the PF is managed by EPFO, then VPF can go upto 100% of your basic. But, if it is managed by a trust (like our company), then they fix the limit. And in our company, it is fixed to 28%.
I believe that in my company too it is managed by the trust. I will still ask them about the maximum cap.
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Old 18th February 2020, 14:31   #858
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Default Re: The "Provident Fund" Thread

I have recently opened my PPF account with ICICI bank sometime in february. Everything was done via the app, took less than 5 minutes to do it all. Very convenient, I also have my 3 yo daughter’s account in ICICI and planning to open her SSY account this year. Any idea how to open the SSY account and necessary docs required for it.
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Old 5th March 2020, 14:25   #859
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Default Re: The "Provident Fund" Thread

EPF interest rate is reduced to 8.5% for 2019-20. Here is the link
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