An optional top-up allowing employees to contribute above the mandatory 12% PF rate into the same account.
The Voluntary Provident Fund lets an employee contribute more than the mandatory 12% of Basic Salary into their provident fund account, on top of the standard EPF contribution. It's entirely optional and initiated by the employee, not the employer.
VPF earns the same interest rate as regular EPF and carries the same government backing, making it a low-risk way to build additional retirement savings with tax advantages under the Old Tax Regime — a meaningful option for employees who've maxed out other Section 80C investments.
MedleyHR handles PF, ESI, TDS, and Form 16 automatically — free for up to 10 employees. Start free →
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