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EPF Calculator
Project the Employees Provident Fund corpus waiting for you at retirement. Enter your basic pay, contribution rates and assumptions, then press Calculate to see how your balance compounds.
Written by TopicDrill Editorial Team·Updated June 2026
Corpus over your career
Corpus Contributed
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How the EPF calculator works
Each month you set aside a percentage of your basic pay plus dearness allowance, and your employer matches it. The calculator first removes the statutory pension (EPS) slice from the employer share, then adds what is left to your provident fund. At the end of every year it credits interest on the running balance, so the corpus compounds the way the real scheme does.
Because pay tends to rise over a career, the tool also grows your basic plus DA by the annual increment you enter, which lifts every future contribution. The chart plots the total corpus against the money actually contributed, and the widening gap between them is the interest your fund has earned.
A worked example
Take a basic plus DA of 30,000 rupees a month at age 28, retiring at 58, with 8.25 percent interest and a 6 percent yearly increment. Your own contributions add up to a few lakh over the years, yet decades of compounding can push the maturity corpus well into the tens of lakhs, with interest making up a large part of the final figure.
Things to keep in mind
The declared interest rate changes each year and is set by the government, so treat your result as a projection. You can confirm current rules and rates on the official EPFO website. To compare EPF with a fixed-deposit alternative, try our FD calculator.
Frequently asked questions
How much goes into EPF from my salary?
You contribute 12 percent of your basic pay plus dearness allowance, and your employer adds a matching 12 percent. Out of the employer share, 8.33 percent of wages, capped at a wage of 15,000 rupees a month, is routed to the pension fund (EPS), and the rest joins your EPF balance.
Why is the employer EPF contribution lower than mine?
Both sides put in 12 percent, but a slice of the employer portion is diverted to the Employees Pension Scheme. That EPS amount funds your pension rather than your provident fund, so the part of the employer contribution that lands in EPF and earns interest is smaller than your own share.
How is EPF interest calculated?
The government declares an EPF interest rate each year, currently around 8.25 percent. Interest is computed on the running balance and credited at the end of the financial year. Because the balance keeps growing with fresh contributions, the interest compounds year after year.
Is the EPF maturity amount tax free?
EPF withdrawals are generally tax free once you have completed five years of continuous service. Withdrawing earlier can make part of the amount taxable. This tool estimates the corpus before any tax, so treat the figure as your gross retirement balance.
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