All CalculatorsEPF / PF Calculator
Calculate your Employee Provident Fund corpus with compound interest. See monthly contributions, growth over time, and retirement corpus.
Current rate: 8.25% (FY 2023-24)
EPF Corpus after 20 years
₹40.04 L
At 8.25% annual interest
Monthly Contributions
EPF Corpus Growth
Employee: 12% of basic to EPF. Employer: 12% split as 3.67% to EPF + 8.33% to EPS (EPS calculated on basic capped at ₹15,000, so EPS contribution = ₹1,250/month regardless of actual basic). Only the EPF portion (not EPS) earns compound interest and is available at retirement.
EPF: mandatory for salaried employees, 8.25% interest, partial withdrawal allowed. PPF: voluntary, 7.1% interest, full tax-free, 15-year lock-in. NPS: market-linked returns (8-12% historical), 60% taxable at maturity, ₹50K additional 80CCD(1B) deduction. EPF is the most accessible and lowest-risk option.
At ₹50,000/month basic with 8.25% EPF interest: total monthly contribution = ₹2,385 (employee) + ₹1,835 (employer EPF) = ₹4,220/month. Over 20 years, total contributed ≈ ₹10.1L, but corpus grows to ₹28–30L due to compounding. Starting early is critical.
Employee EPF contribution qualifies for 80C deduction (up to ₹1.5L/year limit shared with PPF, insurance, ELSS etc.). This automatically reduces your taxable income — a significant benefit under the Old Tax Regime. Under the New Regime, 80C deductions are not available.
Both employee and employer contribute 12% of the employee's basic salary to EPF. However, the employer's 12% is split: 3.67% goes to the EPF account and 8.33% goes to EPS (Employee Pension Scheme), capped on a basic salary of ₹15,000 for EPS purposes.
The EPFO declared an interest rate of 8.25% for FY 2023-24. The rate for FY 2024-25 has not yet been declared as of mid-2025. Historically, EPF rates have ranged from 8.1% to 8.65% over the last decade. You can update the rate in this calculator once announced.
Partial EPF withdrawal is allowed after 5 years of service for specific purposes: home purchase, medical emergencies, education, marriage. Full withdrawal is allowed after 2 months of unemployment (if not joining another EPF-covered employer). Premature full withdrawal before 5 years attracts TDS and loses tax-free status.
EPF contributions up to ₹2.5 lakh/year (employee portion) are tax-free. Interest on contributions above ₹2.5L/year (applicable for high earners) is taxable from FY 2021-22 onwards. For most employees, EPF enjoys EEE (Exempt-Exempt-Exempt) status — contribution deductible under 80C, interest tax-free, maturity tax-free (after 5 years).
EPFO (Employees' Provident Fund Organisation) is a statutory body under the Ministry of Labour and Employment that manages EPF for private sector employees. EPF is mandatory for companies with 20+ employees. The EPFO invests the corpus in government securities and bonds, declaring interest annually.
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All calculations are based on Income Tax Act provisions for FY 2025-26. Figures are estimates — consult a Chartered Accountant for personalised tax advice.