How much goes into EPF each month?

The employee contributes 12 percent of basic plus dearness allowance. The employer also contributes 12 percent, but 8.33 percent of that goes to the Employees' Pension Scheme (capped on a wage ceiling of ₹15,000, so at most ₹1,250 a month) and only the balance, 3.67 percent plus anything above the ceiling, goes to EPF. The calculator applies this split.

What is the EPF interest rate?

8.25 percent for FY 2024-25 and FY 2025-26, declared by the EPFO's Central Board of Trustees each year. The rate is credited annually on the monthly running balance. The calculator uses 8.25 as the default; change it if a new rate is declared.

Is EPF interest taxable?

Interest on employee contributions above ₹2,50,000 a year (₹5,00,000 where the employer does not contribute) is taxable from FY 2021-22. Below that, interest is exempt. Withdrawal after five years of continuous service is tax-free; earlier withdrawal is taxed and attracts TDS at 10 percent above ₹50,000.

Does the calculator include VPF?

Enter a higher employee percentage to model Voluntary Provident Fund. The employer share stays at 12 percent regardless. VPF earns the same EPF rate and has the same tax treatment, subject to the ₹2.5 lakh interest-taxability threshold.

What happens to the EPS part?

It funds a monthly pension from age 58, computed as pensionable salary × service years ÷ 70, and is not part of the lump-sum balance shown here. The calculator shows the EPS contribution separately so the total employer cost is visible.

EPF Calculator

Projected Provident Fund balance at retirement, with the employer's EPS split and annual salary growth.

Switch tool

Monthly basic + DA (₹)

₹

Current age

Retirement age

Your contribution

12% is standard. Enter more to model VPF. Employer stays at 12%.

Annual salary growth

EPF interest rate

% p.a.

Existing EPF balance (₹)

₹

At retirement

Your contributions28 years

₹ 25,22,992

Employer to EPF12% less EPS

₹ 21,03,160

Employer to EPS8.33% on ≤ ₹15,000

₹ 4,19,832

Interest earned

₹ 89,65,909

EPF balance at retirement

₹ 1,35,92,061

Illustrative only. Interest credited annually on contributions; EPFO declares the rate each year. EPS pension is separate and not included in the balance. Tax on interest above ₹2.5 lakh of annual employee contribution is not applied.

How it works

Two contributions

12% from you, 12% from the employer, of which 8.33% on wages up to ₹15,000 is diverted to EPS.

Annual interest

The EPFO rate is applied to the running balance once a year.

Salary growth

Contributions rise each year with your basic; set it to zero for a flat projection.

What your PF is actually on track to become

The passbook shows today's balance; this shows retirement. Enter basic plus DA, your age and retirement age, and the calculator runs the monthly contributions year by year with the EPS diversion, salary growth and the EPFO rate, giving the lump sum you can expect and how much of it is interest.

EPS shown separately

The 8.33% diverted to pension is visible so the full employer cost is clear.

VPF

Raise your percentage above 12 to see the effect of voluntary contributions.

Rate editable

8.25% is the current declared rate; update it when EPFO announces a change.

Existing balance

Start from your current passbook balance rather than zero.