Employee Provident Fund (EPF) - How it works | Interest Rate | Withdrawal Rules | Budget | ETMONEY
EPF or the Employee Provident Fund is perhaps the most multi-dexterous of all available financial products as it serves four functions - 1. Grows wealth, 2. Offers pension, 3. Has in-built insurance and 4. Saves taxes. And all this in addition to giving excellent interest rates of 8.50% at minimal risk.
In this video, ETMONEY’s Shankar Nath does a detailed round-up on this quintessential financial product on which many people know very little about.
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