Provident Fund

Who is eligible to apply for a provident fund, and what is the procedure for application?
What are the rights and duties of provident fund members?
How much are fund members required to contribute to the fund, and how?
What are the modes of investment returns?
Who keep custody of the fund’s asset, and why do we need the custodian?
Which agency and individuals are responsible for fund supervision?
When is the fund membership terminated?
If the fund membership is terminated because the member passes away, who will be eligible to receive the benefits of the fund?
How can members monitor the performance of the management company?
Can members take out loans against their provident funds?