Free Tool · EPF Retirement Corpus

EPF Calculator — Employee Provident Fund

Project your EPF retirement corpus with annual increments and the current 8.25% interest rate. See total employee contribution, employer EPF contribution, and total interest earned over your working years.

🏛️ EPF Calculator

Total Employee Contribution
Total Employer EPF Contribution
Total Interest Earned
EPF Corpus at Retirement

How EPF Works

EPF is a mandatory retirement savings scheme for salaried employees in India, managed by EPFO. Both you and your employer contribute 12% of Basic + DA each month. The corpus compounds tax-free at a government-declared rate (currently 8.25% per annum).

Contribution Split

This calculator models EPF only (using the 3.67% employer share for EPF). EPS provides a separate monthly pension, not modeled here.

EPF Tax Benefits

EPF Example — Age 28, ₹40,000 Basic+DA, 8% Annual Increment, 30 Years

Frequently Asked Questions

What is EPF and how does the calculator work?

EPF is a mandatory retirement scheme. Employee + employer each contribute 12% of Basic+DA. The calculator simulates year-by-year compounding at 8.25% with annual salary increments.

What is the current EPF interest rate?

8.25% per annum (FY 2024-25). Declared annually by EPFO and credited on running monthly balance.

How is employer contribution split?

12% employer = 3.67% to EPF + 8.33% to EPS (pension, capped at ₹1,250/month). Only EPF portion grows in your PF balance.

Is EPF tax-free?

Yes, if 5+ years of service completed. Less than 5 years: taxable. Interest beyond ₹2.5L/year on employee contribution is taxable per recent rules for high earners.