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.

₹
Allowed range: ₹5,000 to ₹2,00,000. Values outside this range are adjusted to the nearest limit.
₹
Allowed range: ₹0 to ₹1,00,00,000. Values outside this range are adjusted to the nearest limit.
yrs
Allowed range: 18 to 55 yrs. Values outside this range are adjusted to the nearest limit.
yrs
Allowed range: 40 to 60 yrs. Values outside this range are adjusted to the nearest limit.
%
Allowed range: 0 to 15%. Values outside this range are adjusted to the nearest limit.
%
Allowed range: 6 to 10%. Values outside this range are adjusted to the nearest limit.
Adjust for Inflation
%
Allowed range: 3 to 12%. Values outside this range are adjusted to the nearest limit.
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

Value in today's rupees (6% inflation)

₹33.23 L

Your ₹1.91 Cr EPF corpus is worth ₹33.23 L in today's money. That's 83% less purchasing power.

EPF Balance Growth

₹0₹52.5L₹1.0Cr₹1.6Cr₹2.1Cr1Y6Y11Y16Y21Y26Y30Y

Chart from year 1 to year 30. EPF Balance changes from ₹89.6K to ₹1.9Cr. Contributions changes from ₹85.8K to ₹62.5L. Real Value changes from ₹84.6K to ₹33.2L.

EPF Balance
Contributions
Real Value

Year-wise Breakdown

30 years

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

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 PPF Calculator

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 Gratuity Calculator

Another retirement benefit from employer

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