EPF Calculator

Your employer also contributes 12% of your basic salary, but it isn't all credited to your EPF account. Around 8.33% (capped at a wage ceiling) goes to the Employee Pension Scheme (EPS), which is a separate pension benefit. The remaining ~3.67% is what actually adds to your EPF balance and earns interest, which is why this calculator uses 3.67% as the default employer EPF contribution.

EPFO declares an EPF interest rate every year (around 8.25% recently). This calculator compounds that rate monthly on your running balance, adding your employee and employer contributions each month.

EPF withdrawals are tax-free if you've been employed continuously for 5 years or more. Your own contributions also qualify for a deduction under Section 80C (within the overall ₹1,50,000 limit), and the interest earned is tax-free up to the prescribed contribution limits.

The standard employee contribution is 12% of basic salary plus dearness allowance, though some employees can opt for the Voluntary Provident Fund (VPF) to contribute more. The employer's contribution is generally fixed at 12% (split between EPF and EPS) as per EPFO rules. Use the sliders above to model different scenarios.

Your EPF balance doesn't disappear: you can transfer it to your new employer's EPF account using the UAN (Universal Account Number), which stays the same across jobs. This calculator assumes continuous contributions for the full duration, which is a reasonable approximation if you transfer your balance each time you switch.

Your EPF maturity value is your running balance (employee plus employer contributions) compounded monthly at the EPFO's declared interest rate, from your current age until your retirement age. This calculator does that maturity calculation for you: enter your basic salary, contribution percentages, current balance, and age gap to retirement, and it projects the full maturity amount. At retirement, you can withdraw the entire EPF corpus tax-free if you have been employed continuously for 5 years or more.