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EPF Calculator

Calculate your Employee Provident Fund balance at retirement

EPF Details

Standard: 12% (Employer also contributes 12%)

Current rate: 8.25% p.a.

If you have existing EPF balance

EPF Balance at Retirement

₹0

Your Contribution:₹0
Employer Contribution:₹0
Interest Earned:₹0
Total at Retirement:₹0

Contribution Summary

Basic Salary (Current)₹50,000
Monthly Contribution₹6,000
Years to Retirement28 years
Interest Rate8.25% p.a.
Employee Share₹0
Employer Share₹0
Total Balance₹0

Balance Breakdown

Employee Contribution0.0%
Employer Contribution0.0%
Interest Earned0.0%

₹0

Avg Annual Growth

₹12,000

Total Monthly Contribution

About EPF (Employee Provident Fund)

What is EPF?

Employee Provident Fund (EPF) is a retirement savings scheme managed by EPFO. Both employee and employer contribute 12% of basic salary + DA every month. It provides financial security after retirement with attractive interest rates.

Contribution Breakdown

  • • Employee: 12% of basic + DA
  • • Employer: 12% (3.67% to EPF, 8.33% to EPS)
  • • Total contribution: 24% of basic salary
  • • Interest rate: 8.25% p.a. (current)

Withdrawal Rules

  • • Full withdrawal at retirement (58 years)
  • • 75% withdrawal after 1 month of unemployment
  • • Partial withdrawal for housing, education, medical
  • • Tax-free if withdrawn after 5 years of service

Tax Benefits

  • • Employee contribution eligible for 80C deduction
  • • Interest earned is tax-free up to ₹2.5L/year
  • • Maturity amount tax-free after 5 years
  • • Employer contribution not included in taxable income