VPF (Voluntary Provident Fund)

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.