What contributions does this calculator assume?

Employee 12% of monthly basic plus the employer’s 3.67% EPF share — 15.67% in total — credited every month. The employer’s remaining 8.33% goes to the Employees’ Pension Scheme (EPS), which builds a pension rather than a withdrawable corpus, so it isn’t counted here. These contribution percentages are fixed at the statutory defaults; only the interest rate, years and salary growth are adjustable.

What interest rate should I use?

The default 8.25% is the rate EPFO declared for FY 2024-25 (as of July 2026). The rate is set fresh each year by EPFO’s Central Board of Trustees and has moved between roughly 8.1% and 8.5% over the past decade, so holding one rate constant for 20 years — as this projection does — is a simplification.

How does the interest crediting differ from real EPF?

EPFO computes interest monthly on your running balance and credits it once a year. This tool instead applies a full year’s interest to each year’s contributions in one step, as if all twelve deposits were made on day one — a slightly generous approximation that keeps the formula transparent.

Is the EPF corpus tax-free?

Broadly yes — EPF enjoys EEE (exempt-exempt-exempt) treatment if conditions are met: contributions qualify under §80C in the old regime, and interest and maturity are tax-free after 5 years of continuous service. As of July 2026, interest earned on your own contributions above ₹2.5 lakh a year is taxable, and withdrawing before completing 5 years can make earlier benefits taxable.

Why doesn’t the employer’s full 12% count toward the corpus?

Because 8.33% of it is diverted to EPS, and only 3.67% lands in your EPF account. The EPS diversion is actually capped at a ₹15,000 wage base (at most ₹1,250 a month), so if your basic exceeds ₹15,000 and your employer contributes on full basic, the true EPF share is higher than the flat 3.67% this tool applies — while employers who cap all PF at ₹15,000 contribute less. Check your payslip for the exact split.

Is my salary data uploaded?

No — the calculation runs entirely in your browser and nothing you type is sent to a server.

EPF Calculator

Project your Employees’ Provident Fund corpus with salary growth and interest.

Runs in your browser — files never leave your device

Monthly basic₹EPF rate%YearsSalary growth%

EPF corpus

₹27,91,193.4

Contributed

₹12,43,544.4

Interest

₹15,47,649

How it works

This calculator projects your Employees’ Provident Fund corpus from four inputs: current monthly basic salary, the EPF interest rate, years until withdrawal and expected annual salary growth. It models the statutory contribution pattern — you contribute 12% of basic pay (strictly basic + DA) every month, and of your employer’s matching 12%, the 3.67% share that goes into EPF is counted, so 15.67% of basic flows into the corpus each month. The employer’s other 8.33% funds the Employees’ Pension Scheme (EPS) and never reaches your EPF balance, so it is excluded.

The math runs year by year. Yearly contribution = monthly basic × 12 × 15.67%. Interest for the year is then applied to the whole balance, including that year’s deposits: new balance = (old balance + year’s contribution) × (1 + rate). Finally, basic is raised by your salary-growth percentage for the following year. The default 8.25% is the interest rate EPFO declared for FY 2024-25 (as of July 2026); the rate is reviewed every year, but the tool holds whatever you enter constant for the whole projection.

Worked example with the defaults — ₹20,000 basic, 8.25% interest, 20 years, 5% growth. In year one you and your employer together deposit 15.67% × ₹20,000 = ₹3,134 a month, or ₹37,608 for the year, which grows to ₹37,608 × 1.0825 = ₹40,710.66 by year-end. Repeat for 20 years with basic rising 5% annually and total contributions come to ₹12,43,544.40, producing a corpus of ₹27,91,193.40 — of which ₹15,47,649 is interest, more than the money paid in. That is the case for leaving EPF untouched between jobs.

Mind the simplifications. Real EPF interest accrues monthly on the running balance and is credited annually; this tool credits a full year’s interest on each year’s contributions, a slightly generous shortcut. The EPS split is simplified too: the 8.33% diversion applies only up to a ₹15,000 wage base, so when basic exceeds ₹15,000 the employer’s true EPF share is more than 3.67% and the tool understates it. It also starts from a zero balance and ignores VPF and job-switch gaps. Treat the results as estimates for planning — verify with official EPFO rules or a CA.

Frequently asked questions

What contributions does this calculator assume?: Employee 12% of monthly basic plus the employer’s 3.67% EPF share — 15.67% in total — credited every month. The employer’s remaining 8.33% goes to the Employees’ Pension Scheme (EPS), which builds a pension rather than a withdrawable corpus, so it isn’t counted here. These contribution percentages are fixed at the statutory defaults; only the interest rate, years and salary growth are adjustable.
What interest rate should I use?: The default 8.25% is the rate EPFO declared for FY 2024-25 (as of July 2026). The rate is set fresh each year by EPFO’s Central Board of Trustees and has moved between roughly 8.1% and 8.5% over the past decade, so holding one rate constant for 20 years — as this projection does — is a simplification.
How does the interest crediting differ from real EPF?: EPFO computes interest monthly on your running balance and credits it once a year. This tool instead applies a full year’s interest to each year’s contributions in one step, as if all twelve deposits were made on day one — a slightly generous approximation that keeps the formula transparent.
Is the EPF corpus tax-free?: Broadly yes — EPF enjoys EEE (exempt-exempt-exempt) treatment if conditions are met: contributions qualify under §80C in the old regime, and interest and maturity are tax-free after 5 years of continuous service. As of July 2026, interest earned on your own contributions above ₹2.5 lakh a year is taxable, and withdrawing before completing 5 years can make earlier benefits taxable.
Why doesn’t the employer’s full 12% count toward the corpus?: Because 8.33% of it is diverted to EPS, and only 3.67% lands in your EPF account. The EPS diversion is actually capped at a ₹15,000 wage base (at most ₹1,250 a month), so if your basic exceeds ₹15,000 and your employer contributes on full basic, the true EPF share is higher than the flat 3.67% this tool applies — while employers who cap all PF at ₹15,000 contribute less. Check your payslip for the exact split.
Is my salary data uploaded?: No — the calculation runs entirely in your browser and nothing you type is sent to a server.

EPF Calculator

How it works

Frequently asked questions

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