EPF Calculator
Calculate your EPF (provident fund) corpus at retirement — employee + employer split, 8.25% interest, existing balance, VPF and an EPS pension estimate.
EPF corpus at retirement
Tax-free (EEE)₹0
Your contribution
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Employer (EPF)
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Total interest
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Corpus
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Estimated EPS pension
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A separate monthly pension for life, funded by the employer’s 8.33% EPS share (over and above the corpus).
EPF balance over time
Contributions vs interest
- Total contributions ₹0
- Total interest ₹0
- EPF corpus ₹0
Year-by-year breakdown
Your and your employer’s EPF contributions plus interest each year.
| Age | Contribution | Interest | Balance |
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How EPF is calculated on your salary
The Employees’ Provident Fund (EPF) is a retirement scheme run by the EPFO. It is calculated on your basic salary + dearness allowance (DA), not your gross pay. The contribution structure is:
- You contribute 12% of basic + DA, which goes fully into your EPF account.
- Your employer contributes 12% too — but 8.33% of your basic (capped at ₹15,000, i.e. max ₹1,250/month) is diverted to the EPS pension fund, and the rest goes into your EPF account.
- The EPF balance earns 8.25% interest, calculated monthly and credited yearly.
This is why your final corpus is far larger than your own contributions — you also get the employer’s EPF share plus years of compounding interest, all tax-free.
EPF interest and the EEE tax benefit
EPF interest is currently 8.25% per annum and is compounded on your running balance. EPF has EEE (Exempt-Exempt-Exempt) status if you complete 5 years of continuous service: contributions qualify under Section 80C, the interest is tax-free, and the maturity amount is tax-free. Note that from FY 2021-22, interest on your own contributions exceeding ₹2.5 lakh in a year is taxable.
VPF: contribute more at the same rate
Voluntary Provident Fund (VPF) lets you invest more than the mandatory 12% — up to 100% of your basic — into EPF at the same 8.25% rate. It’s one of the safest high-yield options for salaried employees. Raise the contribution percentage above 12% to see how VPF boosts your corpus.
Plan your salary and retirement together
Your EPF is one part of your pay package. See how it fits into your monthly take-home with the in-hand salary calculator, estimate your gratuity, and add a market-linked SIP or NPS to build wealth beyond the provident fund.
Frequently asked questions
How is PF calculated on salary?
EPF is calculated on your basic salary plus dearness allowance (DA). You contribute 12% of basic + DA, and your employer also contributes 12%. Of the employer’s 12%, 8.33% of your basic (capped at Rs 15,000, so a maximum of Rs 1,250 a month) goes to the EPS pension fund, and the remaining amount goes into your EPF account along with your full 12%. The combined balance earns interest at 8.25%.
Is PF calculated on basic or gross salary?
PF is calculated on basic salary + dearness allowance, not on gross salary. Allowances like HRA, conveyance and special allowance are generally excluded. Many employers cap the PF wage at Rs 15,000 (the statutory limit), but some calculate it on your actual basic — enter your actual basic + DA above for the most accurate result.
What is the current EPF interest rate?
The EPF interest rate is declared by the EPFO each year and is currently 8.25% per annum. Interest is calculated on your monthly running balance and credited to your account once a year. This calculator uses 8.25% by default, and you can change it to model a different rate.
How to calculate PF from CTC?
In most CTC structures, both the employee’s 12% and the employer’s 12% PF contributions are part of your CTC. To find your PF, identify your monthly basic (often 40%–50% of CTC) and apply 12%. Enter that basic above and the calculator shows both contributions, the EPS split and the corpus you’ll build by retirement.
What is VPF and should I use it?
Voluntary Provident Fund (VPF) lets you contribute more than the mandatory 12% of basic — up to 100% — into your EPF account at the same 8.25% interest. The employer’s share stays at 12%. VPF is a safe, high-interest, EEE-tax-free way to save more; just note that from FY 2021-22, interest on employee contributions above Rs 2.5 lakh a year is taxable. Increase the contribution % above to model VPF.
How is the EPS pension calculated?
Your monthly EPS pension is roughly (pensionable salary × pensionable service) ÷ 70, where pensionable salary is capped at Rs 15,000 and service at 35 years. So the maximum standard pension works out to about Rs 7,500 a month. The calculator shows an estimate; your actual pension depends on your service history and whether you opted for a higher pension.
When can I withdraw my EPF?
The full EPF balance can be withdrawn at retirement (age 58) or after two months of unemployment. Partial withdrawals are allowed for specific needs like a home purchase, medical emergency, education or marriage, subject to conditions. EPF enjoys EEE tax status if you complete 5 years of continuous service.