EPF Calculator — Employees Provident Fund Retirement Corpus — FY 2026-27
Calculate your EPF (Employees Provident Fund) corpus at retirement or exit. EPF mandates 12% of basic+DA from both employee and employer (of which 8.33% of employer share goes to Employees' Pension Scheme). Current interest rate: 8.25% compounded annually (notified by EPFO Central Board). EEE tax status — deposits 80C-eligible, interest tax-free (subject to ₹2.5L/yr cap), maturity fully tax-exempt.
Compute your numbers → Salary Calculator
Use the full Salary Calculator for interactive computation with your exact inputs. This page covers the specific context + rules for your query intent.
Key rules at a glance
- 12% employee + 12% employer contribution
- 3.67% of employer share to EPF, 8.33% to EPS pension
- 8.25% EPFO-notified interest (FY 2024-25)
- EEE tax status — 80C + interest exempt + maturity exempt
- Withdrawal restricted — retirement, 60-day unemployment, housing, medical
How EPF works
Every salaried employee at an establishment with 20+ employees automatically gets EPF. Monthly deductions: 12% of "PF wages" (basic + DA) from your salary + matching 12% from employer. The employer's 12% splits: 3.67% to your EPF account, 8.33% to the Employees' Pension Scheme (EPS). EPFO invests the accumulated corpus in a mix of government bonds (G-Sec), equity (up to 15%), and corporate debt — declaring annual interest (currently 8.25%).
EPF interest rate history
Historical rates: FY 2019-20: 8.5%, FY 2020-21: 8.5%, FY 2021-22: 8.1%, FY 2022-23: 8.15%, FY 2023-24: 8.25%, FY 2024-25: 8.25%. EPFO Central Board meets annually in Feb-March to declare the rate. Credited on 31 March each year. Historically the most reliable long-term retirement rate in India — typically 25-75 bps above PPF.
EPF tax treatment
EEE for most employees: (1) Your 12% contribution qualifies for Section 80C (old regime). (2) Annual interest is exempt under Section 10(11). (3) Maturity proceeds are fully tax-exempt if withdrawn after 5+ years of continuous service. BUT: FY 2021-22 onwards, interest on employee contribution ABOVE ₹2.5L/year is TAXABLE — affects high-income employees contributing voluntary PF. Interest on employer's share remains tax-free.
EPF withdrawal rules
Full withdrawal allowed: (a) After retirement (55+ age), (b) 60 days of unemployment with Form 19, (c) Female employee resigning for marriage/childbirth. Partial withdrawal: 50% of own contribution after 5 years for marriage/education/home purchase; 90% of balance after 1 year pre-retirement (within 1 year of 58+). Non-withdrawal: maintain as UAN-linked account across employers; interest continues to accrue even when unemployed (up to 36 months).
EPF Calculator — FAQ
What is the current EPF interest rate?
8.25% for FY 2024-25 (declared by EPFO Central Board in May 2024). Historically stable in the 8-8.75% range for the past decade. Highest recent rate: 8.75% in FY 2013-14. Lowest: 8.1% in FY 2021-22. Interest is compounded annually and credited on 31 March.
How is EPF interest calculated monthly or annually?
Mechanically monthly; credited annually. Each month: interest = (opening balance + month's contribution) × annual rate / 12. These monthly figures accumulate and credit to your account on 31st March as a single entry. Over 20+ years, the compound effect is significant.
How much EPF corpus for a ₹50K basic employee after 25 years?
Monthly contribution: ₹6K employee + ₹1,835 employer (3.67% of ₹50K) = ₹7,835/month to EPF. At 8.25% annual compounding over 25 years (with typical 5% annual salary growth): corpus ~₹86-95 L. If you stay with same employer and let it compound without partial withdrawals, this becomes your retirement backbone.
EPF vs PPF vs NPS — which is best?
EPF: 8.25% safe, automatic for salaried, EEE. PPF: 7.1% safe, voluntary, EEE. NPS: 9-12% market-linked (equity up to 75%), semi-EEE (40% annuity taxable). Order by priority: EPF (if salaried — mandatory + best risk-adjusted). NPS (for additional 80CCD(1B) ₹50K + 80CCD(2) employer up to 14%). PPF (for spouse/children not covered by EPF). Don't over-contribute to VPF if already maxed on 80C — the ₹2.5L tax-free interest cap eats benefits.
What is VPF (Voluntary Provident Fund)?
Voluntary contribution above the mandatory 12%. Same EPFO account, same 8.25% interest. Old regime: full 80C benefit for total PF contribution up to ₹1.5L cap. IMPORTANT: from FY 2021-22, INTEREST on contributions above ₹2.5L/year is taxable at slab rate. So VPF makes sense only up to ₹2.5L/year total contribution (₹20,800/month) — beyond that, interest is partially taxable.
Can I transfer EPF between jobs?
Yes, automatic with UAN (Universal Account Number). After first EPFO contribution, your UAN is lifetime portable. Joining new employer: give them your UAN; they link their establishment to your account. Previous employer's balance auto-merges. If you don't link, old account continues earning interest for up to 36 months; after that becomes "inoperative" and requires reclaim form.
How to check EPF balance online?
Options: (1) EPFO member portal (passbook.epfindia.gov.in) with UAN + password. (2) Umang app (government app, multi-service). (3) Missed call to 011-22901406 from UAN-registered mobile. (4) SMS "EPFOHO UAN ENG" to 7738299899. Balance updated monthly after employer files ECR (Electronic Challan Return). Passbook-level transaction history for last 10 years available.
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