Can employees withdraw funds in their Voluntary Provident Fund account as loan?

Created by Product Content Team, Modified on Mon, 26 Feb at 10:04 AM by Product Content Team

Yes, the employees can withdraw the funds in your VPF account as a loan.

Voluntary Provident Fund (VPF) is the additional contribution done by an employee in his/her Provident Fund. This contribution is done over and above the mandatory contribution deducted from the employee's salary. This mandatory deduction is specified by the Government of India.

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