Voluntary Provident Fund, India

Voluntary Provident Fund (VPF) Guidelines:

• VPF Option:

  • Team members have the option to participate in the Voluntary Provident Fund. This allows them to contribute additional funds towards their Provident Fund account voluntarily.

• Employer's Share:

  • The employer’s contribution to the Provident Fund remains fixed at INR 1,800 per month, as per statutory requirements.

• Employee’s Share:

  • Team members can contribute a maximum of up to 100% of their Basic Salary towards VPF.

Steps to apply and manage your additional contributions:

1. Contact People Operations via the People Service Desk to request VPF.

2. Confirm Your Request: Submit confirmation of your intent to opt for VPF, specifying the amount you wish to contribute each month.

3. Choose Starting Month: Specify the month when you want the VPF deductions to begin.