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EPF (Provident Fund) Calculator

Project your EPF corpus with monthly employer and employee contributions.

₹
₹
%
8.25%

Calculation Logic

  • • Employee Share: 12% of Basic
  • • Employer Share: 3.67% of Basic
  • • Compound Frequency: Monthly

Total Maturity Value

₹69,54,448

Total Contributions

₹31,08,861

Interest Earned

₹38,45,587

✓

Note: This projects the 15.67% total contribution towards PF. 8.33% employer share is diverted to EPS (Pension) and is excluded.

DISCLAIMER: These calculations are for illustrative purposes only and do not constitute professional financial advice. Actual returns or terms may vary based on market conditions or institution policies.

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Using the EPF Calculator

Our online EPF calculator for India helps you estimate the retirement corpus you will accumulate through your Employees' Provident Fund. Plan your retirement with accuracy by accounting for salary hikes and current interest rates.

Latest RBI Rates
Updated 2025-12-25 | FY 2025-26 Compliant
Logic VerifiedCross-verified with SBI/RBI Calculator

Key Features

  • •Calculates both Employee and Employer contributions
  • •Includes Employees' Pension Scheme (EPS) breakdown automatically
  • •Supports annual salary hike projections for more realistic planning
  • •Updated with latest EPFO interest rates (8.25% for 2023-24)
  • •Visualizes the growth of your retirement fund over decades
  • •Completely free to use with no login required

How to calculate EPF Calculator

Step-by-step Guide & Informational Intent

  1. 1.Enter your current 'Basic Monthly Salary' + 'Dearness Allowance'.
  2. 2.Input your current age and the age you plan to retire (usually 58).
  3. 3.Add your current EPF balance if you already have one.
  4. 4.Input your expected annual salary increase percentage.
  5. 5.View the total corpus accumulated including contributions and interest.

How the Calculation Works

The calculator applies a 12% contribution from the employee. The employer also contributes 12%, which is split into 3.67% for EPF and 8.33% (up to a wage ceiling of ₹15,000) for EPS. Interest is calculated monthly on the opening balance.

Important Assumptions

  • • Stable interest rate throughout the tenure
  • • Contributions made at the end of each month
  • • Employer contribution to EPS capped at ₹15,000 ceiling
  • • No intermediate withdrawals from the EPF account
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EPF Growth Scenarios

Starting at age 25: With a ₹30,000 basic salary and 5% hike, you can build a multi-crore corpus by 58.
Mid-career check: A 35-year-old with ₹10 Lakh balance can see how much more is needed for a comfortable retirement.
Salary Hikes: A small 2% increase in your annual hike can significantly boost your final retirement fund.
Employer Share: Remember that the employer's 3.67% share in EPF also earns the same high compound interest.
MyIndianCalculator Team

Created by MyIndianCalculator Team

Developed by a multidisciplinary team of financial analysts, medical professionals, and data engineers. Our algorithms are rigorously calibrated against official Indian standards (RBI, SEBI, ICMR, WHO) to ensure precision for your financial planning and health monitoring needs.

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EPF Calculator FAQs

Our online EPF calculator for India helps you estimate the retirement corpus you will accumulate through your Employees' Provident Fund. Plan your retirement with accuracy by accounting for salary hikes and current interest rates.

The EPF interest rate is determined annually by the EPFO (Employees' Provident Fund Organization). For the financial year 2023-24, the rate was set at 8.25%. The interest is calculated monthly but credited to the account annually.
Typically, 12% of your 'Basic Pay + Dearness Allowance' is deducted as your contribution. Your employer also contributes 12%, out of which 8.33% goes to the Employees' Pension Scheme (EPS) and 3.67% goes to your EPF.
Yes, your contribution to EPF is eligible for deduction under Section 80C of the Income Tax Act, up to a limit of ₹1.5 Lakh. Additionally, the interest earned and the final maturity amount are tax-exempt (EEE status), provided you've completed 5 years of service.
Partial withdrawals (advances) are allowed for specific reasons like house construction, marriage, medical emergencies, or education. Under certain conditions like unemployment for 2 months, you can withdraw the full amount.
The UAN is a 12-digit permanent number assigned to every member by the EPFO. It acts as an umbrella for multiple Member IDs provided to an individual by different employers and helps in easy tracking and transfer of EPF balance.
When you change jobs, you should transfer your EPF balance from the old Member ID to the new one using your UAN. This ensures continuity of service and benefits, which is crucial for tax-free withdrawals later.