EPF Calculator
Project your EPF corpus at retirement with employee and employer contributions, interest, and salary increment modeling.
$30,000
$0
12%
8.25%
5%
30 years
EPF Corpus at Retirement
$16,092,843
Total Employee Contribution
$2,870,158
Total Employer Contribution
$2,420,338
Total Interest Earned
$10,802,347
About EPF / PF Calculator — India
Project your EPF corpus with employee and employer contributions, salary increments, and compound interest.
EPF vs NPS: Which Builds More Retirement Wealth?
EPF offers guaranteed, government-backed returns (8.25% FY 2024-25) with employer co-contributions. It is the default retirement savings vehicle for salaried employees in India. NPS offers market-linked returns with potential for higher growth but lower guarantees.
For most salaried employees, EPF + NPS together forms the ideal retirement corpus — EPF for the stable debt component, NPS for the equity growth component.
EPS vs EPF: Understanding the Split
Your employer's 12% contribution is split:
- EPS: 8.33% of min(Basic, ₹15,000) — goes to pension scheme
- EPF: Remaining after EPS — goes to your provident fund
Only the EPF portion compounds and is available at retirement. The EPS provides a monthly pension after age 58.
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How is EPF interest calculated?
EPF interest is calculated monthly on the closing balance and credited annually at the end of each financial year. The current interest rate for FY 2024-25 is 8.25% p.a.
What is the employer's contribution to EPF?
The employer contributes 12% of the employee's Basic+DA. Out of this, 8.33% goes to EPS (Employee Pension Scheme) subject to a wage ceiling of ₹15,000/month, and the remaining goes to EPF.
Is EPF withdrawal tax-free?
EPF withdrawal after 5 years of continuous service is completely tax-free. Withdrawals before 5 years are taxable and subject to TDS.