EPF calculator
See how your Provident Fund grows by retirement. Enter your monthly basic salary, expected hikes and the interest rate to project your EPF corpus and the tax-free interest it earns.
EPF details
Employee 12% + employer 3.67%
₹21.02L
Your share
employee 12%
₹6.43L
Employer
EPF 3.67%
₹56.23L
Interest
earned
EPF corpus growth
Contributions vs balance, year by year
Assumes the employer’s EPF share of 3.67% (the remaining 8.33% goes to the EPS pension scheme) and ignores the ₹15,000 statutory wage ceiling. Actual figures vary by employer.
EPF corpus
₹83,68,062
Forced saving, done right
12% a month, compounded for decades
EPF quietly builds one of the largest tax-free corpuses most salaried Indians ever own. A matched contribution every month, a steady rate, and decades of compounding do the heavy lifting.
- 1
You contribute 12%
Twelve percent of basic + DA leaves your salary into EPF every month.
- 2
Employer adds 3.67%
Part of the employer’s match lands in EPF (the rest funds your EPS pension).
- 3
Interest compounds
The balance earns the notified rate, credited yearly.
- 4
Hikes accelerate it
As salary rises, contributions rise, and later years add the most.
Questions
Frequently asked
The Employees’ Provident Fund (EPF) is a mandatory retirement savings scheme for salaried employees. You contribute 12% of your basic salary (plus DA) each month and your employer matches it; the balance earns a government-notified rate of interest, compounded yearly, building a sizeable tax-free corpus by retirement.
The employee contributes 12% of basic + DA. The employer also contributes 12%, but of that, 8.33% goes to the EPS pension scheme (up to a wage ceiling) and only about 3.67% goes into the EPF balance. This calculator grows the EPF using the employee’s 12% plus the employer’s 3.67%.
The EPF interest rate is reviewed annually by the government and has recently been around 8.25% per annum. Interest is calculated on the monthly running balance and credited at year-end. You can change the rate above to model different scenarios.
EPF enjoys EEE status when held to retirement: contributions are deductible under Section 80C, the interest is tax-free (subject to a cap on contributions above ₹2.5 lakh a year), and the maturity is tax-free if you complete five years of continuous service. Early withdrawal before five years can be taxable.
Yes, significantly. As your basic salary rises each year, your 12% contribution rises with it, so later years add much more to the corpus. The annual-hike slider lets you see how salary growth compounds your final EPF balance.