EPF Calculator
Project your Employee Provident Fund balance with employee and employer contributions, annual interest, and year-wise growth. Free EPF calculator for India.
EPF: employee contributes 12% of basic+DA; employer contributes 12% (3.67% to EPF, 8.33% to EPS on wages up to ₹15,000). Interest is credited annually.
Your monthly EPF: ₹₹6,000
How to Use
Step-by-step guide to get the most from this tool
- 1
Enter basic salary
Set your monthly basic salary + DA amount.
- 2
Add current balance
Enter your existing EPF balance for accurate projection.
- 3
Set years and rate
Choose projection period and EPF interest rate.
- 4
Review balance growth
See employee vs employer contributions, interest, and year-wise chart.
Features
What makes this tool stand out
Employer match
Includes employer EPF contribution with EPS split.
Balance projection
Year-wise growth chart to retirement.
Interest tracking
Separate employee, employer, and interest totals.
Current balance
Start projection from existing EPF balance.
India-specific
EPFO rules, wage ceiling, and current rates.
Live updates
Balance recalculates as you adjust inputs.
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Frequently Asked Questions
Quick answers to common questions
What is EPF?+
Employee Provident Fund (EPF) is a mandatory retirement savings scheme for salaried employees in India. Both employee and employer contribute 12% of basic salary + DA monthly.
How is EPF interest calculated?+
EPF interest is declared annually by the EPFO (currently ~8.25% p.a.). Interest is credited once a year based on monthly running balance. Our calculator uses annual compounding for projection.
What is the employee EPF contribution rate?+
Employees contribute 12% of basic salary + DA. They can voluntarily contribute more (VPF) up to 100% of basic. Employer also contributes 12% but split between EPF and EPS.
How is employer EPF contribution split?+
Of the employer 12%: 3.67% goes to EPF account, 8.33% goes to EPS (Employee Pension Scheme) on wages up to ₹15,000/month. Amount above ₹15,000 wage ceiling goes entirely to EPF.
Is EPF withdrawal taxable?+
EPF withdrawal is tax-free if you have contributed for 5+ continuous years. Withdrawal before 5 years is taxable. EPF is under EEE category for qualifying withdrawals.
What is the EPF wage ceiling?+
Employers must contribute on basic up to ₹15,000/month mandatorily. Employees earning more can still contribute 12% on full basic, and employer matches on the excess to EPF.
EPF vs PPF — which is better?+
EPF is employer-matched and automatic for salaried workers. PPF is voluntary with ₹1.5L annual limit. Both offer tax-free returns. Salaried employees should maximize EPF first.
Can I check my actual EPF balance?+
Yes. Log in to the EPFO unified portal or UMANG app with your UAN to see real-time balance. This calculator provides projections based on your inputs.