What is the EPF Calculator?
The Employees' Provident Fund (EPF) is a retirement fund that you and your employer pay into every month. The EPF calculator estimates how big it will be when you retire, including salary hikes and yearly interest.
How to use it
- 1
Enter basic + DA
Your monthly basic salary and dearness allowance.
- 2
Enter your age
And the age you plan to retire.
- 3
Set increments and rate
Your expected yearly hike and the EPF rate.
Features
Both contributions
Your 12% and the employer's 3.67% (the rest goes to the pension scheme).
Salary growth
Add a yearly increment.
Current balance
Start from what's already in your account.
Popular uses
Retirement planning
See whether EPF alone will be enough.
Understanding your payslip
Know where the employer's 12% actually goes.
Frequently asked questions
Why does only 3.67% of the employer's share go to EPF?
8.33% of the employer's contribution (on wages up to ₹15,000) goes to the Employees' Pension Scheme (EPS).
How is EPF interest calculated?
On each month's balance, and credited once a year.
Is EPF taxable?
Withdrawals after 5 years of service are tax-free. Interest on your own contributions above ₹2.5 lakh a year is taxable.