EPF Calculator
Your EPF is the quiet giant of your retirement: 12% of your basic salary from you, 12% from your employer, every month, compounding at 8.25% — currently the highest safe rate available to salaried Indians.
The numbers surprise most people. Start at ₹25,000 basic with 5% annual hikes, work 25 years, and your EPF alone crosses ₹60 lakh. Bump the hikes to 8% and it nears ₹80 lakh. Salary growth is EPF's secret engine.
Four steps, thirty seconds.
Enter your monthly basic salary. Not CTC — just the 'basic' component of your salary slip.
Set expected annual salary growth. 5–8% is realistic for most careers; this compounds your contributions too.
Choose years of service. How long until retirement.
Read the corpus — then don't touch it. Every premature PF withdrawal resets decades of compounding. This calculator shows what patience buys.
The method: monthly contribution = 24% of basic (12% employee + 12% employer); basic grows yearly by the hike %; balance compounds monthly at 8.25% ÷ 12.
Worked example: ₹25,000 basic, 5% hikes, 25 years → contributions ≈ ₹34.9 lakh, corpus ≈ ₹63.4 lakh. Interest alone adds nearly ₹28.5 lakh.
EPF contribution rules per the Employees' Provident Funds Act; interest rate 8.25% for FY 2024-25 per EPFO announcement.
8.25% p.a. for FY 2024-25, announced by EPFO. It's declared annually and credited after the financial year ends.
Largely yes, with a catch added in 2021: interest on employee contributions above ₹2.5 lakh in a year is taxable. For most salaried employees, EPF remains effectively tax-free.
Yes — Voluntary Provident Fund (VPF) lets you contribute up to 100% of basic+DA at the same 8.25% rate. A hidden gem for conservative savers.
Transfer the PF (don't withdraw) using Form 13 or the UAN portal. Withdrawal before 5 years of continuous service makes it taxable.
12% of basic goes toward PF, but 8.33% of it (up to ₹1,250/month) is diverted to the EPS pension scheme; 3.67% stays in your PF. The calculator simplifies this standard split.
Disclaimer: Educational illustration only — not financial advice. Simplifies the EPS diversion and wage-ceiling rules; EPF rate is declared annually by EPFO.