EPF Calculator
Project your Employees' Provident Fund corpus at retirement based on salary, contribution, growth, and interest rate.
Contributions
—
Interest
—
EPF Corpus
—
How the EPF calculator works
Enter your monthly basic + DA, your current and retirement ages, your expected annual hike, and the EPF rate. The calculator adds your 12% and a matching 12% employer contribution each month, raises the salary every year, and compounds the balance at the EPF rate until retirement.
The quiet powerhouse of retirement
EPF is the most underrated retirement tool for salaried Indians: automatic, tax-advantaged, and compounding at a rate that beats most fixed-income options. Avoid withdrawing it when switching jobs — transfer the balance instead, so decades of compounding stay intact.
Frequently Asked Questions
How does EPF work?
In the Employees' Provident Fund, you contribute 12% of your basic salary plus dearness allowance each month, and your employer contributes a matching amount (part of which goes to the pension scheme, EPS). The balance earns a government-declared interest rate, compounded annually.
What is the current EPF interest rate?
The EPF rate is declared each year by the EPFO. It has recently been around 8.25% per annum. This calculator lets you set the rate; verify the latest declared rate for accuracy.
How much of the employer's contribution goes to EPF?
Of the employer's 12%, 8.33% (capped) goes to the Employees' Pension Scheme (EPS) and the rest to EPF. This simplified calculator assumes the full employer share accrues to your EPF balance for illustration.
Is EPF withdrawal taxable?
EPF is EEE if you complete 5 years of continuous service — contributions, interest, and withdrawal are tax-free. Withdrawals before 5 years can be taxable. Verify current rules before withdrawing.
Disclaimer: This calculator produces illustrative estimates only. Actual returns vary and, unless stated otherwise, results exclude expense ratios, exit loads, transaction costs, and taxes. Assumed rates are inputs, not forecasts or assured returns. This is educational content, not personalized investment advice — see our full disclaimer.