Report

Help us improve this tool

EPF Calculator

Estimate EPF maturity amount with employee and employer contributions, monthly compounding interest, salary hikes, and retirement age planning.

O M T

What Is EPF?

The Employees' Provident Fund (EPF) is a retirement savings scheme for salaried workers in India's organized private sector. Both employee and employer contribute monthly, and balances earn government-set interest compounded each month.

How EPF Contributions Work

Employees typically contribute 12% of basic pay plus dearness allowance. Employers also contribute 12%, but a portion (up to 8.33% of Rs 15,000) goes to the Employees' Pension Scheme (EPS), with the remainder credited to the EPF account.

Planning Your Retirement Corpus

This calculator projects maturity value using monthly compounding, annual salary hikes, and your current balance. For other retirement planning tools, see our 401k Calculator and Step Up SIP Calculator.

Frequently Asked Questions

What is the current EPF interest rate?

The EPFO sets the rate annually. This calculator defaults to 8.5% but lets you adjust the rate for scenario planning.

Why is employer EPS contribution capped?

Employer pension contributions are capped at 8.33% of Rs 15,000 per month. Any excess employer share above the EPS cap is credited to EPF instead.

Can I contribute more than 12%?

Yes, through the Voluntary Provident Fund (VPF). Increase the employee contribution percentage in this calculator to model higher voluntary savings.

Is EPF maturity amount taxable?

EPF withdrawals are generally tax-free after five years of continuous service, subject to current Indian tax rules. Consult a tax advisor for your specific situation.

Related Tools

FENa Calculator icon FENa Calculator JPG to BMP Converter icon JPG to BMP Converter Convert HEX Codes To Image icon Convert HEX Codes To Image Powers of Ten Generator icon Powers of Ten Generator Circle Arc Calculator icon Circle Arc Calculator Reddit Username Generator icon Reddit Username Generator Bulb Spacing icon Bulb Spacing Georgia Overtime Calculator icon Georgia Overtime Calculator Square Root Calculator icon Square Root Calculator Lbs To G Converter icon Lbs To G Converter How Many Tables Calculator icon How Many Tables Calculator Price Per Unit icon Price Per Unit Set Clock Hand Angle icon Set Clock Hand Angle XML Stringify icon XML Stringify JSON to Proto Converter icon JSON to Proto Converter Cubic Inches to Gallons icon Cubic Inches to Gallons Love Calculator icon Love Calculator Identity Matrix Generator icon Identity Matrix Generator CSS to LESS Converter icon CSS to LESS Converter Adjusted Basis Calculator icon Adjusted Basis Calculator

Recent Visits