EPF Calculator
EPS pension estimate (optional)
Pension = pensionable salary (max ₹15,000) × pensionable service ÷ 70. Needs at least 10 years of service.
Enter your basic salary and age,
then tap Calculate EPF.
EPF Calculator – PF Maturity & Retirement Corpus Calculator
This free EPF calculator (also called a PF calculator) estimates how much money will be in your Employees' Provident Fund account when you retire. Enter your monthly basic salary plus dearness allowance, your age, the current PF balance and your expected yearly increment. The calculator splits every month's contribution between your EPF account and the Employees' Pension Scheme (EPS), adds interest at the current EPF interest rate of 8.25% on the monthly running balance, and shows your retirement corpus, total contributions, total interest and an estimated EPS pension.
It is designed for salaried employees in companies registered with the Employees' Provident Fund Organisation (EPFO) and follows the rules of the EPF Scheme, 1952 and the EPS, 1995.
How to Use the EPF Calculator
- Enter your monthly basic salary + DA – this is the "PF wage" shown on your salary slip, not your CTC or gross salary.
- Enter your current age and retirement age – EPF retirement age is 58; you can choose up to 60.
- Add your current EPF balance from the EPFO passbook or UMANG app (employee + employer share).
- Set the yearly salary increase – 5% to 8% is a common assumption.
- Check the interest rate and your contribution – 8.25% and 12% are pre-filled. Increase your contribution if you make voluntary PF (VPF) contributions.
- Select the employer contribution basis – on your full salary, or on the ₹15,000 ceiling if your employer restricts it.
- Tap "Calculate EPF" to see the corpus, contributions, interest, pension estimate and year-wise balance.
EPF Contribution Rules
| Contribution | Rate (of basic + DA) | Goes to |
|---|---|---|
| Employee | 12% | EPF account (100%) |
| Employer | 3.67% | EPF account |
| Employer | 8.33% of wage up to ₹15,000 (max ₹1,250) | EPS – pension fund |
| Employer (admin / EDLI) | 0.5% + 0.5% | Charges and insurance – not in your balance |
If your basic + DA is more than ₹15,000, the EPS share stays at ₹1,250 per month and the rest of the employer's 12% goes to your EPF account. For example, on a wage of ₹30,000 the employer's ₹3,600 is split as ₹1,250 to EPS and ₹2,350 to EPF. Establishments with fewer than 20 employees and some specified industries contribute 10% instead of 12%.
EPF Interest Rate 2025-26
The EPFO Central Board of Trustees recommends the interest rate every year and it is notified by the Ministry of Finance. For FY 2025-26 the rate is 8.25%, the same as the previous two years.
| Financial year | EPF interest rate |
|---|---|
| 2025-26 | 8.25% |
| 2024-25 | 8.25% |
| 2023-24 | 8.25% |
| 2022-23 | 8.15% |
| 2021-22 | 8.10% |
| 2020-21 | 8.50% |
How EPF Interest Is Calculated
EPF interest is calculated every month on the running balance at the monthly rate (8.25% ÷ 12 = 0.6875%) but credited to your account once a year at the end of the financial year. The interest is therefore compounded annually. The calculator follows this method: it adds the employee and employer EPF contributions every month, works out the monthly interest, and adds the total interest to the balance at the end of each year.
Yearly interest = Σ (monthly closing balance) × 8.25% ÷ 12
EPF Calculation Example
Rahul is 28 years old and his basic + DA is ₹30,000 a month. His employer contributes on the full salary, and his salary grows 5% a year. Every month ₹3,600 (12%) is deducted from his salary and his employer adds ₹2,350 to EPF and ₹1,250 to EPS. In the first year the EPF deposits total ₹71,400. If he continues until 58 with a 5% increment and the rate stays at 8.25%, his EPF corpus can grow to about ₹1.61 crore (₹28.7 lakh of his own contributions, ₹24.2 lakh from the employer and about ₹1.08 crore of interest). Use the calculator to see the exact figure for your own salary.
EPF Corpus by Salary (Age 25 to 58)
Estimated EPF balance at 58 for someone who starts at 25, gets a 5% raise every year, contributes 12% and whose employer contributes on the full salary, at 8.25% interest:
| Starting basic + DA | Your contributions | Employer to EPF | Interest | Corpus at 58 |
|---|---|---|---|---|
| ₹15,000 | ₹17,29,377 | ₹12,34,377 | ₹66,77,966 | ₹96,41,721 |
| ₹25,000 | ₹28,82,296 | ₹23,87,296 | ₹1,24,05,735 | ₹1,76,75,326 |
| ₹50,000 | ₹57,64,592 | ₹52,69,592 | ₹2,67,25,157 | ₹3,77,59,340 |
| ₹1,00,000 | ₹1,15,29,183 | ₹1,10,34,183 | ₹5,53,64,001 | ₹7,79,27,367 |
The table shows the power of compounding: in each case the interest is more than double the total contributions. The figures are nominal (not adjusted for inflation) and assume the interest rate stays at 8.25%.
EPS Pension – How Much Will I Get?
The employer's 8.33% EPS share does not appear in your EPF balance. It builds your right to a monthly pension from age 58 (reduced pension is available from 50). The formula is:
Monthly pension = Pensionable salary × Pensionable service ÷ 70
Pensionable salary is the average salary of the last 60 months, capped at ₹15,000, and pensionable service is the total years of EPS membership (2 bonus years are added for 20 years or more of service). You need at least 10 years of service to get a pension. With the maximum ₹15,000 salary and 35 years of service, the pension is ₹7,500 a month; the minimum pension is ₹1,000.
Higher Pension on Actual Salary
Normally the EPS contribution is limited to 8.33% of ₹15,000. After the Supreme Court judgment of November 2022, employees who were EPS members before 1 September 2014 and had jointly opted with their employer could apply for pension on their actual higher salary, with the extra EPS contribution transferred from their EPF balance. If you have opted for this higher pension, your EPF balance will be lower and your pension higher than this calculator shows, because the calculator follows the standard ₹15,000 ceiling.
EPF Withdrawal Rules
- Full withdrawal: on retirement at 55 or later, or after two months of unemployment.
- Partial withdrawal (advance): allowed for illness, marriage, education, buying or building a house, home loan repayment, natural calamities and more, subject to service conditions and limits.
- Online claims: file through the EPFO member portal or UMANG app using your UAN, with Aadhaar and bank account linked.
- Job change: do not withdraw – transfer your PF to the new employer's account under the same UAN so that compounding continues.
Tax Rules on EPF
- Employee contribution qualifies for deduction under Section 80C (old regime, up to ₹1.5 lakh together with other investments).
- Interest is tax-free, except interest on the employee's own contributions above ₹2.5 lakh a year (₹5 lakh if the employer does not contribute), which is taxable.
- Employer contribution to EPF, NPS and superannuation above ₹7.5 lakh a year in total is taxable.
- Withdrawal is tax-free after 5 years of continuous service. If withdrawn earlier, it is taxable and TDS of 10% applies if the amount exceeds ₹50,000.
Voluntary Provident Fund (VPF)
You can contribute more than 12% of your basic + DA as Voluntary Provident Fund. VPF earns the same 8.25% interest and the same tax benefits (within the limits above), but your employer does not match the extra amount. Enter your total contribution percentage (for example 20%) in the calculator to see the effect of VPF on your retirement corpus.
UAN, KYC and PF Transfer
Every EPF member has a 12-digit Universal Account Number (UAN) that stays the same across all jobs. Activate your UAN on the EPFO member portal and link Aadhaar, PAN and your bank account (KYC) – this is required for online claims and faster settlement. When you change jobs, share your UAN with the new employer; with Aadhaar-linked UAN, most transfers now happen automatically, and you can also request a transfer online. Keeping one continuous account avoids tax on early withdrawal and keeps your service period intact for the EPS pension.
Common EPF Mistakes to Avoid
- Withdrawing on every job change: you lose years of compounding and may pay tax if service is under 5 years.
- Not linking Aadhaar and bank account: claims get rejected and transfers get delayed.
- Mismatched name or date of birth: correct details with your employer through the member portal before you need to withdraw.
- Ignoring old accounts: merge accounts from previous employers into your current UAN.
- Not nominating: file an e-nomination so your family can get PF, pension and EDLI insurance benefits without delay.
How to Check Your EPF Balance
- EPFO passbook portal: log in with your UAN and password to see the month-wise contributions and interest.
- UMANG app: search for EPFO and view the passbook with OTP verification.
- Missed call: give a missed call to 9966044425 from your registered mobile number (UAN must be activated and KYC seeded).
- SMS: send "EPFOHO UAN ENG" to 7738299899 from your registered mobile.
Frequently Asked Questions
What is the EPF interest rate for 2025-26?
The EPF interest rate for FY 2025-26 is 8.25% per annum.
How much PF is deducted from salary?
12% of your basic salary plus DA is deducted as the employee's contribution. Your employer contributes another 12%, of which 8.33% (maximum ₹1,250) goes to EPS and the rest to EPF.
Why is my employer's share in EPF less than 12%?
Because 8.33% of the employer's contribution (up to ₹1,250 a month) goes to the Employees' Pension Scheme and is not shown in your EPF balance.
How is EPF interest calculated?
On the monthly running balance at one-twelfth of the annual rate, and credited once a year at the end of the financial year.
Is EPF interest taxable?
Interest is tax-free, except the interest on employee contributions above ₹2.5 lakh a year, which is taxable.
Can I withdraw my full PF before retirement?
Yes, after two months of unemployment. Partial withdrawals are allowed for specific needs like house purchase, medical treatment, marriage or education.
Is this EPF calculator accurate?
It follows EPFO's contribution split and monthly interest method. The final amount depends on your actual salary increases and future interest rates, so treat the result as an estimate.
What is the difference between EPF and EPS?
EPF is your savings account where your 12% and part of the employer's share are deposited with interest, and you get it as a lump sum. EPS is the pension scheme funded by the employer's 8.33% share, which pays a monthly pension from age 58 if you have at least 10 years of service.
Does PF interest stop after I leave a job?
Interest continues on an inoperative account until age 58. After that, the account stops earning interest, so transfer it to your new employer or withdraw it at retirement.
Sources: EPFO (epfindia.gov.in) – EPF Scheme 1952, EPS 1995 and interest rate notifications; Income Tax Department – tax rules on provident fund.