EPFO’s Big Dhamaka : Hello friends, investing in financial schemes is always a wise step. Every person living in the country should know that an important means for employment and retirement is EPFO (Employees’ Provident Fund Organisation)
This is very safe and beneficial especially for those people of our country who want to convert small savings into a big fund. EPFO is such a scheme through which by saving ₹1000 every month, income of up to 52 thousand rupees per month can be made. “How?” Let us know about it below.
Brief Introduction of EPFO Scheme
Here we are going to give you a brief introduction of EPFO scheme which includes investment, income, eligibility, age, retirement, return rate, etc.
- Minimum investment amount: ₹1000 per month
- Maximum income per month : ₹52000
- Eligibility prescribed for EPFO scheme:- It is necessary to be a member of EPFO.
- Age limit prescribed :- Minimum 18 years and maximum 55 years
- Retirement age limit: – 58 years
- Return :- Up to 8.5% is given every year.
Benefits of EPFO scheme
| Benefit | Description | Age limit (years) | Minimum contribution amount | interest accrued every year |
|---|---|---|---|---|
| The benefit of security | Government guarantee | From 18 to 55 | 1000 Rupees | 8.5 percent |
| The benefit of sustainability | income per month | After 58 | 1000 Rupees | 8.5 percent |
| this scheme is beneficial | Very high in returns | 18 to 55 | 1000 Rupees | 8.5 percent |
| The benefits of protection | freedom from market risk | 18 to 55 | 1000 Rupees | 8.5 percent |
| Greater flexibility | Withdrawals are very easy | After 58 | 1000 Rupees | 8.5 percent |
| Extremely Comfortable | After retirement | After 58 | 1000 Rupees | 8.5 percent |
| Very high compatibility | Fairly easy process | 18 to 55 | 1000 Rupees | 8.5 percent |
How to join EPFO scheme?
You all can join EPFO scheme by reading the information given below.
- First of all, PF account has to be opened through the employer.
- For this it is necessary to be a member of EPFO.
- It is necessary to invest ₹1000 per month.
- You can apply through both offline and online process.
- PAN card and Aadhaar card are required
- No time limit has been set for this.
Summary
Through this article today, we have given information about the big bang that has come from EPFO, after reading which all the employees will have got a very good news, so share this article with all your well-known people.
