India EPF Calculator
Calculate Employee Provident Fund contributions: 12% employee + 12% employer (3.67% EPF + 8.33% EPS). Projects retirement corpus at current EPF interest rate (8.25% FY 2024-25).
Salary & Service Details
Monthly Contributions
Corpus Breakdown
Come utilizzare India EPF Calculator
Enter your Basic + DA salary
EPF is calculated on Basic Salary + Dearness Allowance (DA). Enter your monthly Basic + DA amount (not gross salary).
Set your age and retirement age
Enter your current age and expected retirement age. Standard retirement in India is 58. The calculator projects corpus for the period between these ages.
Enter existing EPF balance
If you have an existing EPF balance (from previous jobs or current), enter it here. It will be compounded along with new contributions.
Review contribution breakdown and projected corpus
See the monthly employee contribution (12%), employer EPF (3.67%), employer EPS (8.33%), and the projected retirement corpus.
Suggerimenti
- Consider making Voluntary Provident Fund (VPF) contributions above 12% to boost your retirement corpus — they earn the same EPF interest rate.
- Transfer your EPF balance when switching jobs using UAN (Universal Account Number) to avoid losing interest and service continuity.
- EPF withdrawals before 5 years of continuous service attract TDS at 10% (30% without PAN). Plan withdrawals strategically.
- The EPS pension formula is: Monthly Pension = (Pensionable Salary × Pensionable Service) / 70. Higher salary and service years increase pension.
Domande frequenti
What is EPF and who is eligible?
EPF (Employee Provident Fund) is a government-mandated retirement savings scheme under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. It is mandatory for establishments with 20 or more employees. Employees earning up to ₹15,000/month basic salary must contribute; those earning more can voluntarily join.
How is the EPF contribution split?
The employee contributes 12% of Basic + DA. The employer also contributes 12%, split into 3.67% to the EPF account and 8.33% to the EPS (Employee Pension Scheme). The EPS contribution is capped at ₹15,000 basic salary (so max EPS = ₹1,250/month). EDLI insurance and admin charges add ~1% to employer cost.
What is the current EPF interest rate?
The EPF interest rate is declared annually by the EPFO (Employees' Provident Fund Organisation). For FY 2024-25, the rate is 8.25% per annum. Interest is calculated monthly on the running balance but credited at the end of the financial year.
When can I withdraw EPF?
Full EPF withdrawal is allowed on retirement (age 58), or after 2 months of unemployment. Partial withdrawals are permitted for specific purposes: home purchase, medical emergency, education, or marriage. Tax-free withdrawal requires at least 5 continuous years of service.
What is EPS and how is it different from EPF?
EPS (Employee Pension Scheme) is funded by the employer's 8.33% contribution (capped at ₹1,250/month). Unlike EPF, EPS does not accumulate a corpus — it provides a monthly pension after age 58 if you have completed 10 years of service. The pension amount is calculated as: Pensionable Salary × Pensionable Service / 70.