Provident Fund

Register For Employees Provided Fund (EPF) Online .

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What is Provident Fund

A Provident fund is a compulsory, government-managed retirement savings scheme similar to the Social Security Program. Workers contribute a small amount of their salary and even the company shares an amount on behalf of the worker which can be utilized by the employee for future use.

The Government in 1952 established for the benefit and welfare of the employees.

Employees Provident Fund is one of the major platforms for savings for all the people who are working as an employee.

Companies which have employee strength of 20 or more are required to be registered with PF Department. In case there is any delay, some penalty will be charged on the same.

Documents required for an organization & Owner

Documents required

company’s PAN Card copyCanceled checkCertificate of Incorporation
Partnership deedCertificate of registrationIdentity proof (Owner)
Aadhar CardPAN CardVoter Id
Passport

Benefits of Provident fund (PF)

  • Beneficial for insurance
  • PF can lead to pension.
  • It can be helpful for various occasions.
  • Earn interest on the saved amount.
  • If you contribute your PF for 10 years then you are eligible to get the lifelong pension as per the Employees Pension Scheme 1995.

Eligibility for having provident fund

  • The one whose pay is less than 15000 per month.
  • An employee is eligible for membership from the day he joins the company who has enrolled for EPF Scheme
  • A member can contribute statutorily over and above the prescribed rate.
  • Process
  • Draft the form provided on LegalDocs Website.
  • Provide your documents Scan copy to us.
  • An application will be provided by our end
  • Now just rest, your document will be delivered, on your provided address.

Provident Fund FAQs

The company which has 20 or more employees is required to be registered with the PF Department.
The entire procedure is 100% online and you don’t have to be present at our office or any other office for registration. A scanned copy of documents has to be sent via mail.
There is absolutely no other payment. We will provide you the entire detail of the amount required.
It will hardly take 4 - 5 working days.
The contribution will be 12 % of the salary from the employee as well as the company or the firm.
Yes, the member is required to take a printout of the claim submitted online and give it to the employer after signing it.

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