EPF Calculator
Calculate your Employee Provident Fund (EPF) maturity corpus with interest at the current 8.25% rate. Plan your retirement with year-wise PF growth.
Calculate Your EPF Maturity Amount
Enter your basic salary and years left to retirement to estimate your total PF corpus.
What is EPF (Employee Provident Fund)?
EPF is a mandatory retirement savings scheme governed by the Employees' Provident Fund Organisation (EPFO). Both employee and employer contribute 12% of the employee's basic salary + DA each month. The current interest rate is 8.25% per annum for FY 2024-25.
How EPF Contribution Works
- Employee contribution: 12% of basic + DA (goes entirely to EPF account)
- Employer contribution: 12% of basic + DA — split as 3.67% to EPF and 8.33% to EPS (Employee Pension Scheme)
- If basic salary > ₹15,000/month, mandatory PF is capped at 12% of ₹15,000 = ₹1,800/month per side
- Employees can contribute more via Voluntary Provident Fund (VPF) at the same interest rate
EPF Tax Benefits (EEE Status)
- Exempt: Contributions up to ₹1.5L eligible for 80C deduction
- Exempt: Interest earned during accumulation (up to ₹2.5L contribution limit)
- Exempt: Maturity amount is fully tax-free if withdrawn after 5 years of service
- Interest on contributions above ₹2.5L/year is taxable (Budget 2021 amendment)
EPF Withdrawal Rules
- Full withdrawal allowed at retirement (age 58) or after 2 months of unemployment
- Partial withdrawal allowed for: home purchase, education, medical emergencies, marriage
- Tax-free if withdrawn after 5 continuous years of service
- TDS @ 10% if withdrawn before 5 years and amount > ₹50,000