Updated June 2026

EPF Calculator

How much will your EPF be worth when you retire? Factor in annual raises, employer matching, and 8.25% interest — then toggle inflation to see the real number.

₹
₹
yrs
yrs
%
%
Your Contribution
Employer (EPF)
Interest Earned
EPF Corpus at 58

₹1.91 Cr

Your Contribution

₹33.49 L

Employer (EPF)

₹28.99 L

Interest Earned

₹1.28 Cr

EPF Balance Growth

₹0₹52.5L₹1.0Cr₹1.6Cr₹2.1Cr1Y6Y11Y16Y21Y26Y30Y
EPF Balance
Contributions

Year-wise Breakdown

30 years
YearAgeYouEmployerInterestBalance
129₹50,400₹35,400₹3,834₹89,634
230₹52,920₹37,920₹11,454₹1,91,928
331₹55,572₹40,572₹20,130₹3,08,202
432₹58,344₹43,344₹29,971₹4,39,861
533₹61,260₹46,260₹41,093₹5,88,474
634₹64,320₹49,320₹53,627₹7,55,741
735₹67,536₹52,536₹67,714₹9,43,527
836₹70,920₹55,920₹83,509₹11,53,876
937₹74,460₹59,460₹1,01,179₹13,88,975
1038₹78,192₹63,192₹1,20,909₹16,51,268
1139₹82,092₹67,092₹1,42,896₹19,43,348
1240₹86,208₹71,208₹1,67,361₹22,68,125
1341₹90,516₹75,516₹1,94,540₹26,28,697
1442₹95,040₹80,040₹2,24,691₹30,28,468
1543₹99,792₹84,792₹2,58,097₹34,71,149
1644₹1,04,784₹89,784₹2,95,065₹39,60,782
1745₹1,10,016₹95,016₹3,35,927₹45,01,741
1846₹1,15,524₹1,00,524₹3,81,048₹50,98,837
1947₹1,21,296₹1,06,296₹4,30,825₹57,57,254
2048₹1,27,356₹1,12,356₹4,85,686₹64,82,652
2149₹1,33,728₹1,18,728₹5,46,100₹72,81,208
2250₹1,40,412₹1,25,412₹6,12,579₹81,59,611
2351₹1,47,432₹1,32,432₹6,85,674₹91,25,149
2452₹1,54,812₹1,39,812₹7,65,991₹1,01,85,764
2553₹1,62,552₹1,47,552₹8,54,183₹1,13,50,051
2654₹1,70,676₹1,55,676₹9,50,963₹1,26,27,366
2755₹1,79,208₹1,64,208₹10,57,104₹1,40,27,886
2856₹1,88,172₹1,73,172₹11,73,448₹1,55,62,678
2957₹1,97,580₹1,82,580₹13,00,909₹1,72,43,747
3058₹2,07,456₹1,92,456₹14,40,480₹1,90,84,139

How EPF Works

The Employee Provident Fund is a mandatory retirement savings scheme for salaried employees in India earning above ₹15,000/month. Both you and your employer contribute 12% of your Basic Salary + Dearness Allowance every month. Your 12% goes entirely to EPF, while your employer's 12% is split — 3.67% to EPF and 8.33% to the Employee Pension Scheme (EPS).

EPF Interest Calculation

EPF interest is calculated monthly on the running balance but credited annually (at year-end). The current rate is 8.25% per annum (unchanged since FY 2023-24). This makes EPF one of the highest-yielding risk-free instruments available — better than FDs, PPF, and most debt funds.

EPF Contribution Breakdown

Component Rate Goes to
Employee12%EPF Account
Employer (EPF)3.67%EPF Account
Employer (EPS)8.33%Pension Scheme

So effectively, 15.67% of your Basic+DA goes into your EPF account every month (12% + 3.67%). The remaining 8.33% funds your future pension under EPS.

Tax Benefits of EPF

EPF enjoys EEE (Exempt-Exempt-Exempt) status — up to a limit:

  • Contribution: Employee's 12% is exempt under Section 80C (up to ₹1.5 lakh)
  • Interest: Tax-free up to ₹2.5 lakh annual employee contribution (beyond this, interest is taxable)
  • Withdrawal: Completely tax-free after 5 years of continuous service

Why Salary Increment Matters

Unlike fixed instruments like PPF, your EPF contributions grow every year as your salary increases. A 5% annual increment means your monthly contribution also rises 5% each year — creating an accelerating growth curve. This is why EPF often outperforms PPF in absolute terms for long-tenure employees.

EPF vs Other Retirement Options

  • EPF vs PPF: EPF has higher returns (8.25% vs 7.1%) and employer matching, but no flexibility in contribution timing
  • EPF vs NPS: EPF is fixed-income (guaranteed return), NPS is market-linked (potentially higher but volatile)
  • EPF vs VPF: Same scheme, same returns — VPF just lets you contribute more than 12%

Frequently Asked Questions

What is EPF?
Employee Provident Fund (EPF) is a retirement savings scheme managed by EPFO. Both employee and employer contribute 12% of basic salary + DA. The employer's 12% is split: 3.67% goes to EPF and 8.33% to EPS (Employee Pension Scheme).
What is the current EPF interest rate?
The EPF interest rate for FY 2025-26 is 8.25% per annum. This rate is declared annually by EPFO and credited to accounts at year-end. It has been 8.25% for three consecutive years (FY 2023-24 onwards).
Is EPF interest taxable?
EPF interest on employee contributions exceeding ₹2.5 lakh per year is taxable (threshold is ₹5 lakh if employer doesn't contribute). The interest on the excess amount is taxed at your slab rate. Withdrawal after 5 years of service is fully tax-free.
When can I withdraw EPF?
You can withdraw the full amount after retirement (age 58) or if unemployed for 2+ months. Partial withdrawals are allowed for home purchase (after 5 years), medical emergencies, education, and marriage. Premature withdrawal before 5 years attracts TDS.
What happens to EPF when I change jobs?
You should transfer your EPF to the new employer using Form 13 (online via UAN portal). If you withdraw before 5 years of total service, TDS of 10% is deducted. It's always better to transfer than withdraw to maintain the tax-free compounding.
Why does only 3.67% go to EPF from employer?
Of the employer's 12% contribution, 8.33% goes to the Employee Pension Scheme (EPS) and 3.67% to EPF. EPS provides a monthly pension after retirement but has a salary cap of ₹15,000 for calculation purposes.
Can I increase my EPF contribution?
Yes, through Voluntary Provident Fund (VPF). You can contribute up to 100% of basic salary. VPF earns the same interest rate as EPF (8.25%) and is fully tax-free on withdrawal after 5 years. However, the employer contribution remains fixed at 12%.
How is EPF different from PPF?
EPF is employer-linked (salaried only), has higher interest (8.25%), and employer matches your contribution. PPF is voluntary, available to all, has a 15-year lock-in, and currently offers 7.1%. EPF has no contribution ceiling while PPF is capped at ₹1.5 lakh/year.

Related Calculators

NPS Calculator

Market-linked retirement corpus

 PPF Calculator

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 Gratuity Calculator

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