EPF Calculator

Employee contributes 12% of basic wages plus dearness allowance. Employer also contributes 12%, but 8.33% (capped at ₹1,250/month on wages above ₹15,000) goes to EPS pension; the remainder is credited to your EPF account. This calculator shows the EPF-account portion only.

Enter monthly basic+DA, current age and retirement age, optional current EPF balance, expected annual salary hike, and the EPFO interest rate. Choose 12% of basic or ₹15k ceiling for the contribution basis. Results show total contributed, interest, maturity, a growth chart and a year-wise schedule.

EPFO's Central Board of Trustees notifies the rate each financial year. For FY 2024-25 and FY 2025-26 the declared rate is 8.25% p.a. — verify the latest notification on epfindia.gov.in before relying on projections.

EPFO calculates interest on monthly running balances but credits it once a year to your account. This calculator uses monthly compounding as a close planning approximation.

Partial withdrawals are allowed for specific purposes (house purchase, medical, education, unemployment) subject to EPFO rules. Full withdrawal is generally permitted after retirement or two months of unemployment, per current regulations.

EPF withdrawal is tax-exempt for employees with five or more years of continuous service, subject to Income Tax Act provisions. Tax may apply if service is shorter or employer contributions are withdrawn without meeting conditions.

Employees' Pension Scheme (EPS) receives the employer's 8.33% share (capped). It provides pension after retirement if eligibility conditions are met. EPS balance is not part of the EPF passbook lump sum shown in this calculator.

Mandatory EPF applies to establishments covered under the EPF Act. EPS contribution is calculated with a wage ceiling of ₹15,000/month for the 8.33% pension component — employer EPF gets the balance of their 12%. Use Contribution basis → ₹15k ceiling to model statutory wages for both shares (employee ≈ ₹1,800/month), or 12% of basic when PF is paid on full wages.

Yes, if you already have an EPF corpus or expect annual increments. Enter current passbook balance and an expected hike % so the projection compounds existing savings and growing contributions — flat-salary, zero-balance runs understate mid-career outcomes.

The area chart plots cumulative EPF deposits (invested) against the growing passbook balance (corpus) year by year. The gap is interest earned. Use the year-wise schedule below it for opening, deposit, interest and closing figures.

Yes. With a Universal Account Number (UAN), you can transfer your EPF corpus between employers online through the EPFO member portal, subject to current EPFO procedures.

EPF is employer-linked with matched contributions for eligible salaried workers. PPF is voluntary and government-backed with EEE tax status. Salaried employees often use both where eligible.

Voluntary Provident Fund (extra employee contribution above 12%) earns the same EPF interest but is not modelled separately. Approximate it by raising basic+DA or treating extra deposits outside this tool.

No. Future EPFO interest rates, salary increases and withdrawal events will change actual balances. Use this tool for illustration only.