PF Account Opening

dileepkumar.ranchi

I am working in a company.
My company don\'t have any PF investment policy. I want to open my PF account to invest apart from the company involvement.
is it possible? please guide me... regarding this.

time4san

Hi Diloopkumar,
you can open pf account by yourself and the contribution to be made by you only of from both 12% of employee and 12% of employers plus admin charge of 1.61%
Total = 12+12+1.61=25.61%

manasi.rathod

Hi Diloopkumar.
You can also open an PPF account with Banks as per your convience and also you will receive the tax benefit for the same. however, you will be able to withdraw only after 15 years.

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