💰 VPF Calculator 2024-25 📈
Calculate your Voluntary Provident Fund returns with current interest rates
📊 Your VPF Projection 💹
Maximize Your Savings with VPF!
Voluntary Provident Fund offers higher returns than regular savings with tax benefits under Section 80C.
Tax Benefits
Enjoy tax deductions up to ₹1.5 lakh under Section 80C on your VPF contributions.
Flexible Contributions
You can contribute any amount above your mandatory PF contribution, up to 100% of your basic salary + DA.
Safe Investment
Backed by the government, VPF offers guaranteed returns with minimal risk.
ℹ️ VPF Information 📚
What is VPF?
Voluntary Provident Fund (VPF) is an extension of the Employee Provident Fund (EPF) where employees can voluntarily contribute more than the statutory 12% of their basic salary. The VPF contributions earn the same interest rate as EPF and have similar tax benefits.
VPF vs PPF Comparison
| Feature | VPF | PPF |
|---|---|---|
| Interest Rate (2024-25) | 8.25% | 7.1% |
| Tax Benefits | Section 80C up to ₹1.5 lakh | Section 80C up to ₹1.5 lakh |
| Contribution Limit | Up to 100% of basic+DA | Max ₹1.5 lakh/year |
| Lock-in Period | Until retirement/resignation | 15 years (extendable) |
| Risk | Government-backed | Government-backed |
Frequently Asked Questions
The current VPF interest rate for the financial year 2024-25 is 8.25% per annum, same as the EPF rate. This rate is set by the Employees’ Provident Fund Organisation (EPFO) and may change annually.
EPF (Employee Provident Fund) is the mandatory 12% contribution from both employee and employer. VPF (Voluntary Provident Fund) is an optional contribution made solely by the employee over and above the EPF contribution. Both earn the same interest rate.
VPF contributions qualify for tax deduction under Section 80C up to ₹1.5 lakh per financial year. The interest earned is tax-free if the amount is withdrawn after 5 years of continuous service. The maturity amount is also tax-free.
Yes, partial withdrawals are allowed for specific purposes like marriage, education, medical treatment, or home loan repayment after completing 5-7 years of service. Complete withdrawal is allowed only after retirement or if you remain unemployed for 2 months or more.
You can contribute up to 100% of your basic salary plus dearness allowance (DA) towards VPF. There’s no fixed upper limit in rupees, but it’s limited by your salary structure.
🔗 Useful Internal Links 📎
- Pregnancy Tracker Calculator
- Affirmation Cards Generator
- Switch Words Generator
- Switch Words for Money
- UPS Pension Calculator
- Lucky Mobile Number Calculator