EPF Calculator

What Is EPF?

The Employees' Provident Fund (EPF) is a retirement savings scheme for salaried employees in India. Every month you contribute 12% of your basic pay plus dearness allowance, and your employer contributes another 12% - but part of the employer's share goes to the Employees' Pension Scheme (EPS) instead of your EPF account. This calculator projects your EPF balance at retirement.

How to Use It

1. Enter your monthly basic pay plus DA and your current age.
2. Enter your retirement age (58 is standard) and any existing EPF balance.
3. Enter the salary increase you expect each year and the EPF interest rate.
4. Optionally add a voluntary contribution (VPF) on top of the 12%.

Example

A 25-year-old with a basic pay of ₹25,000, a 5% yearly raise and the current EPF rate of 8.25% could have about ₹1.77 crore at 58. Of that, ₹28.8 lakh is their own contributions, ₹23.9 lakh comes from the employer and about ₹1.24 crore is interest - compounding does most of the work.

Where the Employer's 12% Goes

Of the employer's 12%, 8.33% of pay up to ₹15,000 (at most ₹1,250 a month) goes to the pension scheme, and the rest goes to your EPF. With a ₹25,000 basic, your employer pays ₹3,000: ₹1,250 to EPS and about ₹1,750 to EPF. The calculator includes only the EPF part, because EPS pays a pension rather than a lump sum.

Interest Rate

EPFO declared 8.25% for FY 2025-26, the same rate as the two years before. The rate is set every year, so the projection is an estimate.

Limitations

The calculator assumes no withdrawals or job gaps and a steady salary increase. Employers that contribute on the full basic for EPS, the tax on interest for very high contributions and EPS pension amounts are not included. For other retirement savings, try the PPF Calculator and Gratuity Calculator.