Retirement
VPF
Also known as: Voluntary Provident Fund
An option to voluntarily contribute more than the mandatory 12% to your EPF, at the same high rate.
VPF lets salaried employees put extra money into their EPF beyond the compulsory 12%.
It earns the same attractive, largely tax-free EPF interest rate, making it one of the best low-risk options for savers.
Note that interest on very large contributions above ₹2.5L a year became taxable, so plan around that limit.
For example
Bumping your PF contribution via VPF channels more salary into a safe ~8% tax-advantaged instrument instead of a 3% savings account.