Provident Fund (PF) Management
We will keep your Provident Fund Secure.
Provident Funds (PFs) are voluntary fully funded, defined contribution Schemes, which are managed privately.
The benefits are paid as lump sum to the employee or his dependents in case of death. Benefits under Provident Funds could be accessed by the employee before or upon retirement. Provident funds fall under the Tier 3 Voluntary Contributions under the new Pension Act.
PFs seek to provide an investment vehicle for employees’ financial growth and to supplement their incomes during retirement.