Provident Fund

what is provident fund? what will make me eligible for a provident fund?

Replies (4)
Quick Summary
A Provident Fund (PF) is a retirement savings scheme where employers deduct a portion of your salary and contribute to it. Upon retirement, this accumulated amount is paid out as a benefit. The discussion touches upon eligibility for PF and asks for a brief explanation of the four types: URPF, RPF, PPF, and SPF.

Provident fund is the amount that has been deducted from your salary by your employer during the course of your employment for depositing and after the retirement period employer shall paid the PF balance to you as retirement benefits.
They are 4 types of provident funds
urpf
rpf
ppf
spf
tell me which one ?

so after how many years of service in an organization am I eligible for a provident fund?

Originally posted by : Muni Sai
They are 4 types of provident funds urpf rpfppfspftell me which one ?

 

Can you please explain these types of provident fund a little in brief?

 

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