Provision for Institutional Protection

 
  
 

 

 

The following provisions are made in the Act for institutional protection of the EPF: 

  • The EPF shall have preference right on the assets of institutional or individual borrower for realizing its arrears. 

  • The EPF can take possession of the security given by the borrower to realize its arrears by sale or otherwise. 

  • The EPF will not have obligation of government tax or other similar charges while taking possession of any property or while lending or realizing any loan.  

  • The EPF is free to determine the rate of interest on its investment.

 

  
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