What is the employer's contribution to EPF?

The employer also contributes 12% of the employee's basic salary. Out of this, 8.33% goes towards the Employee Pension Scheme (EPS) (up to a wage ceiling), and the remaining 3.67% goes to the EPF account. Our calculator considers the full effective contribution to your EPF for growth calculations.

Is the interest rate on EPF fixed?

No, the interest rate is not fixed. The EPFO's Central Board of Trustees reviews and declares the interest rate for each financial year. Our calculator is pre-filled with the latest declared rate, but you can adjust it to test different scenarios.

Can I withdraw my EPF balance before retirement?

Yes, partial withdrawals are allowed for specific purposes like home purchase or construction, medical emergencies, education, or marriage, subject to certain conditions and service length. Full withdrawal is typically permitted upon retirement after the age of 58.

EPF Calculator - Estimate Your Retirement Corpus

What is the Employee Provident Fund (EPF)?

The Employee Provident Fund (EPF) is a mandatory retirement savings scheme for salaried employees in India, managed by the Employees' Provident Fund Organisation (EPFO). Both the employee and the employer contribute a portion of the employee's salary (typically 12% of the basic salary + dearness allowance) to the EPF account every month.

This corpus grows over time with the power of compound interest, which is declared by the EPFO annually. It serves as a significant financial cushion for individuals after retirement.

How Our EPF Calculator Works

Our calculator helps you project the future value of your EPF savings at the time of your retirement. By providing a few key details, you can get a clear estimate of your financial standing:

Monthly Salary (Basic + DA): This is the foundation of your contribution.
Current Age & Retirement Age: This determines the total duration your investment will grow.
Your Contribution: Your monthly contribution to the fund (usually 12%).
Expected Salary Increase: Factor in annual salary increments to get a more realistic projection of your future contributions and final corpus.

Frequently Asked Questions (FAQs)

What is the Employee Provident Fund (EPF)?

This corpus grows over time with the power of compound interest, which is declared by the EPFO annually. It serves as a significant financial cushion for individuals after retirement.

How Our EPF Calculator Works

Our calculator helps you project the future value of your EPF savings at the time of your retirement. By providing a few key details, you can get a clear estimate of your financial standing:

Monthly Salary (Basic + DA): This is the foundation of your contribution.

Current Age & Retirement Age: This determines the total duration your investment will grow.

Your Contribution: Your monthly contribution to the fund (usually 12%).

Expected Salary Increase: Factor in annual salary increments to get a more realistic projection of your future contributions and final corpus.

Frequently Asked Questions (FAQs)

Employee Provident Fund (EPF) Calculator

Year-on-Year Growth Projection

What is the Employee Provident Fund (EPF)?

How Our EPF Calculator Works

Frequently Asked Questions (FAQs)

Employee Provident Fund (EPF) Calculator

Year-on-Year Growth Projection

What is the Employee Provident Fund (EPF)?

How Our EPF Calculator Works

Frequently Asked Questions (FAQs)