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EPF Calculator

8.25% declared for FY 2023-24 and 2024-25
Corpus at retirement
₹2,20,75,691
Your contributions
₹38,26,878
Employer EPF share
₹33,76,878
Interest earned
₹1,48,71,936
Years to retirement
30
Employer EPS (pension) / month
₹1,250
Year-wise EPF balance
AgeMonthly basicBalance
29₹40,000₹1,04,678
30₹42,000₹2,24,009
31₹44,100₹3,59,503
32₹46,305₹5,12,809
33₹48,620₹6,85,729
34₹51,051₹8,80,230
35₹53,604₹10,98,456
36₹56,284₹13,42,750
37₹59,098₹16,15,666
38₹62,053₹19,19,987
39₹65,156₹22,58,750
40₹68,414₹26,35,262
41₹71,834₹30,53,129
42₹75,426₹35,16,276
43₹79,197₹40,28,979
44₹83,157₹45,95,894
45₹87,315₹52,22,090
46₹91,681₹59,13,082
47₹96,265₹66,74,873
48₹1,01,078₹75,13,993
49₹1,06,132₹84,37,546
50₹1,11,439₹94,53,258
51₹1,17,010₹1,05,69,531
52₹1,22,861₹1,17,95,499
53₹1,29,004₹1,31,41,091
54₹1,35,454₹1,46,17,102
55₹1,42,227₹1,62,35,261
56₹1,49,338₹1,80,08,313
57₹1,56,805₹1,99,50,109
58₹1,64,645₹2,20,75,691

Employer pays 12% of basic; up to ₹1,250 a month of it goes to EPS (pension), the rest to EPF. Assumes the rate stays constant.

By Nayeem, Software Developer of fastsavemedia.comLast reviewed

EPF planning assumptions

EPF is an Indian retirement savings scheme administered by EPFO. Coverage, contribution bases, wage ceilings, pension membership and withdrawals depend on applicable rules and individual circumstances. The displayed interest rate is an editable assumption, not a verified current declaration.

How this calculator works

For each projected month, the tool adds the employee contribution at your entered percentage and an employer EPF amount of 12% of the entered basic plus DA minus an assumed EPS allocation: the lower of 8.33% of salary and ₹1,250. This simplified model does not establish your actual eligible contribution base or pension entitlement.

It sums monthly interest estimates on the modeled running balance and adds that interest at year end. It then applies your annual salary hike. EPS and EDLI are not part of the displayed EPF corpus. Actual EPFO interest-crediting rules and future declared rates may differ. Compare the result with your passbook and employer records.

Frequently asked questions

How is EPF calculated?
Employee contributes 12% of basic + DA. Employer contributes 12% (8.33% goes to EPS pension up to ₹15k wage cap, balance to EPF). Interest is credited annually on the running balance.
What is the current EPF interest rate?
The calculator defaults to 8.25% as an editable projection assumption. Verify the officially declared rate for the applicable financial year with EPFO; future rates are not guaranteed.
Is EPF taxable?
Tax treatment depends on qualifying service, withdrawal circumstances, contribution thresholds and applicable rules. Exceptions and different thresholds can apply; confirm your position with payroll or a tax adviser.
Can I increase my contribution?
Eligible employees may increase voluntary contributions through VPF. Employer matching, deduction eligibility and taxable-interest thresholds are separate issues; confirm the applicable limits with payroll.
Does the calculator factor salary hikes?
Yes, the annual hike % compounds your basic salary every year, increasing both contributions.