Statuary Protection

 
 
 

 

 

The Employees Provident Fund Act, 1962 has made the following provisions to protect the rights of members on their PF deposits: 

  • Co-partner or creditors of the member shall not have any claim on the amount deposited with EPF.

  • Government cannot realize its claim or arrears from the PF deposited in the KSK. 

  • The members of EPF are entitled to receive a fixed rate of interest on their PF deposit until withdrawal or for a period of six years even after their retirement.  

  • Government of Nepal has guaranteed at least three percent interests annually on member's account.

 

 
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