EPF Calculator: Calculate Employees' Provident Fund Corpus Online | Business Today

Your EPF

Monthly Basic Salary + DA

₹

Basic salary should be between ₹8,000 and ₹2,00,000

Your Current Age

Age should be between 18 and 55

Retirement Age

Retirement age should be between 45 and 60, and after your current age

Expected Annual Salary Increment

Increment should be between 0% and 15%

EPF Interest Rate, p.a.

Interest rate should be between 6% and 10%

EPFO-declared rate for FY 2025-26, notified by the Central Board of Trustees and credited once every 31 March.

Existing EPF Balance

₹

Existing balance should be between ₹0 and ₹50,00,000

Statutory assumptions (editable) ▸

Your EPF contribution rate (%)

EPS wage ceiling (₹/month)

Employer's EPS rate (%)

Employer's total EPF+EPS rate (%)

Your EPF Passbook — Projected

CORPUS AT RETIREMENT (AGE 58)

^₹0

0 years of contribution · 0 months

Your contribution ₹0(0%)

Employer's EPF contribution ₹0(0%)

Interest credited ₹0(0%)

Pension (EPS) ₹0

Interest accrues monthly on the balance carried from your last credited financial year, plus contributions made so far in the current year — and is credited once, every 31 March, exactly as EPFO does it. EPS is capped at the wage ceiling and builds pension eligibility, not this corpus.

Est. Monthly EPS Pension

₹0

From age 58, if eligible

Pensionable Service

0 yrs

incl. 2-yr bonus if >20 yrs

Total Interest Earned

₹0

Largest single contributor to corpus

Corpus / Final Monthly Salary

0×

Multiple of last drawn Basic+DA

Growth

EPF corpus (principal + interest credited)

How this calculator works

Every rupee that lands in your EPF account comes from three places: your own 12% contribution, the share of your employer's 12% that isn't diverted to your pension (EPS), and the interest EPFO credits once a year. This tool models all three exactly the way EPFO's own passbook does — not the simplified flat-rate shortcuts most calculators use.

The EPS wage-ceiling split

Your employer's pension contribution (8.33%) is capped at ₹1,250/month, based on a ₹15,000 wage ceiling — however high your actual salary is. Anything above that cap flows into your interest-bearing EPF balance instead, not a flat 3.67%.

Accrue monthly, credit annually

Interest is calculated every month on your balance, but only added to your account once — on 31 March. April's interest doesn't earn interest in May; it all compounds together from the next financial year.

EPS pension, estimated separately

Your pension is not part of this corpus — it's calculated from your Pensionable Salary and Pensionable Service using EPFO's own formula, shown above as an illustrative monthly figure.

Frequently Asked Questions

What is the current EPF interest rate?

The EPF interest rate is declared every year by the Central Board of Trustees (CBT) of EPFO and notified by the Ministry of Labour and Employment. For FY 2025-26 it stands at 8.25% per annum. Since the rate can be revised each year, it is worth revisiting this calculator with the updated rate to keep your projection accurate.

How is the employer's contribution split between EPF and EPS?

Of your employer's 12% contribution, 8.33% of your basic salary - capped at the ₹15,000 EPS wage ceiling, i.e. a maximum of ₹1,250 a month - is diverted to the Employees' Pension Scheme (EPS). The remaining amount is credited to your EPF account and earns interest along with your own contribution.

Can I withdraw my EPF balance before retirement?

Yes. You can make a full withdrawal on retirement or after being unemployed for two months or more. Partial withdrawals are also allowed for specific purposes such as home purchase or construction, medical treatment, marriage, or education, subject to conditions and limits set by EPFO.

Is the EPF maturity amount taxable?

The EPF corpus, including your contribution, your employer's contribution and the interest earned, is tax-free on withdrawal after 5 years of continuous service. Interest earned on your own contributions above ₹2.5 lakh in a financial year is taxable; interest on the employer's contribution remains tax-free.

What is the minimum service required to be eligible for EPS pension?

You need at least 10 years of eligible service to qualify for a monthly pension under the Employees' Pension Scheme (EPS). The pension amount depends on your Pensionable Salary and Pensionable Service, and is capped at ₹7,500 a month under EPFO's formula.