EPF or the Employee Provident Fund is perhaps the most multidexterous of all available financial products as it serves four functions 1. Grows wealth, 2. Offers pension, 3. Has inbuilt insurance and 4. Saves taxes. And all this in addition to giving excellent interest rates of 8.50% at minimal risk.
In this video, ETMONEY’s Shankar Nath does a detailed roundup on this quintessential financial product on which many people know very little about.
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