Financial Calculators
EPF Calculator
The salary deduction you barely notice, quietly building one of your largest assets.
- Monthly EPF credit (you + employer)
- ₹4,701
- Total contributed
- ₹14,10,300
- Corpus at the end
- ₹46,88,770
Assumes your chosen percentage plus the employer's 3.67% EPF share of basic pay, compounded monthly at the rate you enter. The EPF rate is declared yearly; salary growth and the EPS split are simplified here.
The forced saving that works
Every month, a slice of basic pay flows into the Employees' Provident Fund from you, matched in part by your employer, earning a government-declared rate that has historically been generous and tax-favoured. Because it happens before salary reaches your account, EPF is the rare saving plan immune to your own moods.
This calculator models your contribution percentage plus the employer's 3.67% EPF share, compounding monthly at the rate you enter. It simplifies the EPS pension split and assumes constant basic pay, so treat the output as a solid directional estimate rather than a passbook prediction.
How the calculation works
Monthly credit = basic x (your % + employer 3.67%)\nBalance compounds monthly at the entered annual rateWorked example: a basic pay of Rs 30,000 with a 12% employee contribution at 8.25% for 25 years means about Rs 4,701 credited monthly, building a corpus of about Rs 46,88,770 against contributions of Rs 14,10,300.
Frequently asked questions
Why only 3.67% from the employer?
The employer contributes 12% of basic, but 8.33% of it (up to a wage ceiling) goes to the Employees' Pension Scheme; the balance 3.67% lands in your EPF account.
Is EPF interest tax-free?
Largely yes within prescribed contribution limits, with interest on contributions above the threshold taxable under current rules. The rate itself is declared yearly by the EPFO.
Can I contribute more than 12%?
Yes, through the Voluntary Provident Fund (VPF), which earns the same rate. This calculator's contribution slider covers that.
Will my actual passbook match this?
Directionally. Real basic pay grows over the years and the EPFO credits interest annually on monthly running balances, so actual figures will differ; usually in your favour as pay rises.
EPF is the floor, not the ceiling.
We build the growth layer above your provident fund so retirement is funded, not just cushioned.