EPF Calculator
Want to know how much your EPF will grow to by retirement? Enter your salary, contribution percentage, expected increments, and years to go. The year-by-year breakdown shows exactly how PF compounds over a career.
This calculator is designed for India. Rates and rules are based on Indian regulations. Outside India? Try our Retirement Contribution Calculator →
How to use
- Enter your current monthly basic salary plus DA.
- The standard contribution is 12% from you and 12% from your employer. Change it if your company has a different structure.
- Add your expected annual increment if you want a more realistic projection. The current EPF rate is 8.25%.
- Hit Calculate to see your total corpus, how much you contributed, and what the interest adds up to.
Related tools:
The Employees' Provident Fund (EPF) is a mandatory retirement savings scheme for salaried employees in India governed by the EPFO. Both the employee and employer contribute 12% of the basic salary + DA each month. The employee's entire 12% goes into the EPF account, while the employer's 12% is split: 8.33% into EPS (pension scheme) and 3.67% into EPF. The current EPF interest rate is declared annually by the government.
EPF is one of the safest long-term investments in India, it earns a government-guaranteed rate (typically 8–8.5%), contributions are tax-deductible under Section 80C, and the maturity amount is tax-free after 5 years of continuous service. Over a 30-year career, EPF can compound into a substantial retirement corpus.
Frequently Asked Questions
What is the current EPF interest rate?
The EPF interest rate is declared by the EPFO board each year and approved by the Finance Ministry. It has typically ranged between 8.1% and 8.65% in recent years. Check the official EPFO website for the latest declared rate.
Can I withdraw my EPF before retirement?
Yes, partial withdrawals are allowed for specific purposes like home purchase, medical emergency, education, or marriage. Full withdrawal is allowed on retirement (58 years) or after 2 months of unemployment. Withdrawal before 5 years of service is taxable.
What is the difference between EPF and EPS?
EPF (Employee Provident Fund) is a lump sum retirement savings account you can withdraw. EPS (Employee Pension Scheme) is a pension fund, you receive a monthly pension after retirement at age 58, not a lump sum. The employer contributes 8.33% of basic salary to EPS (capped at ₹1,250/month).
How do I check my EPF balance?
You can check your EPF balance via the EPFO member portal (passbook.epfindia.gov.in), the UMANG app, by sending an SMS to 7738299899, or by giving a missed call to 011-22901406 from your registered mobile number.
Disclaimer: Results are estimates for informational purposes only and do not constitute financial, tax, or investment advice. Figures may vary based on actual terms. Always consult a qualified financial advisor before making financial decisions.