How to Subscribe for EPF Account at ICICI Bank
How to Subscribe for EPF Account at ICICI Bank Employee Provident Fund Organization (EPFO) The Employee Provident Fund (EPF) is a pension fund for the people engaged in the organized sector in India. In EPF, the employer contributes on behalf of the employee with an objective of retirement planning of the employee. ICICI Bank has tied up with the Employee Provident Fund Organization, where the individual pensioners could receive their monthly pensions with their ICICI Bank accounts. Features of Employee Provident Fund (EPF) Monthly benefits for superannuation/retirement, disability, survivor, widow(er), children. A member permanently and totally disabled during the employment shall be entitled to a minimum pension Amount of pension based on average salary during the preceding 12 months from the date of exit and total years of employment If the subscriber dies, monthly pension continues for dependents Widower's pension:- Monthly widow pension is payable up to the d...