The biggest plus for EPF is the forced saving nature of the product and the tax breaks.
Signing on the employee provident fund (EPF) account opening form is considered a routine part of joining any organisation. Most people who join from another organisation routinely transfer the EPF account from the old organisation to the new one. Very few employees are aware that they have a choice of not joining the EPF in their new job if their basic salary is higher than Rs 15,000 per month. This choice to refrain from joining the EPF is available to employees when they join another