What is a EPF Calculator?
The Employees’ Provident Fund is a mandatory retirement savings scheme for most salaried employees in India. You contribute 12% of Basic + DA every month, and your employer matches 12% — but only 3.67% of the employer’s share goes into your EPF account; the remaining 8.33% (capped at a ₹15,000 wage ceiling) is diverted to the Employees’ Pension Scheme (EPS) and doesn’t compound in your EPF balance.
This calculator grows your EPF corpus month by month using that split, applies your expected annual increment to your basic pay, and compounds interest annually at the EPFO-declared rate.
How the EPF corpus is calculated
The employee’s full 12% and the employer’s EPF-bound portion (excluding the EPS diversion) are added every month, and interest is credited annually on the running balance — mirroring how EPFO actually calculates it.
Frequently asked questions
What is the current EPF interest rate?
EPFO has declared 8.25% for FY 2025-26, the third consecutive year at this rate. It’s reviewed annually by the Central Board of Trustees and notified after the financial year, so treat it as an estimate for future years.
Why doesn’t all of my employer’s 12% show up in my EPF balance?
8.33% of your Basic + DA (capped at a ₹15,000 wage ceiling, so max ₹1,250/month) is redirected to the EPS pension scheme instead of your EPF account — it funds your eventual EPS pension, not your withdrawable EPF corpus.
Can I contribute more than 12%?
Yes, through the Voluntary Provident Fund (VPF), which lets you contribute up to 100% of Basic + DA at the same EPF interest rate — this calculator doesn’t model VPF top-ups separately.