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EPF calculator

See what decades of silent salary deductions build.

Project your Employees' Provident Fund corpus from basic salary and service years — the largest fixed-income asset most Indian households own.

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EPF Calculator

Interest rate: 8.25% p.a. (current EPFO rate) · Contribution: 15.67% of basic (employee 12% + employer 3.67%)

Contributed

₹14,10,300

Interest

₹0

Corpus

₹0

How the EPF calculation works

Every month, 12% of your basic salary (plus DA) goes in as employee contribution and 3.67% comes from the employer — the remaining 8.33% of employer share funds the EPS pension. This tool compounds 15.67% of monthly basic at the current EPF rate of 8.25% p.a. across your years of service.

The tool holds salary constant for simplicity. With annual increments, real corpus lands noticeably higher — treat the output as a conservative floor.

Worked example

An employee with ₹30,000 monthly basic, contributing for 20 years:

Monthly basic salary₹30,000
Monthly contribution (15.67%)₹4,701
Rate · duration8.25% · 20 years
Total contributed₹11,28,240
Interest earned≈ ₹17,28,371
Corpus at retirement≈ ₹28,56,611

Frequently asked questions

What is the current EPF interest rate?
EPFO declares rates yearly; recent years have hovered around 8.1–8.25%. Interest is credited annually on monthly running balances but is exempt from tax only when withdrawals happen after 5 years of continuous service.
Can I contribute more than 12% to EPF?
Yes, through VPF (Voluntary Provident Fund) — up to 100% of basic earns the same EPF rate. For conservative savers in higher tax brackets, VPF is among the strongest fixed-income options available.
Is EPF withdrawal taxable?
Withdrawals after 5 continuous years of service are fully tax-free. Earlier withdrawals attract TDS (10% with PAN, 34.95% without) if the amount crosses ₹50,000 — one more reason to let it compound.
How does EPS pension fit in?
The 8.33% employer share diverts to EPS, which pays a pension at 58 based on your last drawn salary and service years — capped around ₹7,500/month under standard rules. This calculator covers only the EPF corpus side.

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