Monthly basic salary plus dearness allowance
Minimum 12% of basic salary
Standard is 12% of basic salary
Your present age
Standard retirement age is 58 years
Your existing EPF balance
Current EPF interest rate is 8.25% p.a.
Expected annual increase in your salary

How Does EPF Work?

Every month, 12% of your basic salary plus DA goes into your Employees' Provident Fund account, and your employer contributes another 12%. The employer's share is split: 8.33% goes to the pension scheme (EPS, calculated on a wage ceiling of ₹15,000, so at most ₹1,250 a month) and the remaining 3.67% joins your EPF balance. The government declares the interest rate each year. For FY 2025-26 it is 8.25%, ratified in June 2026 and unchanged for the third year running.

Why EPF Builds Wealth So Reliably

Three quiet advantages do the work. Your contributions rise automatically with every salary increment. The rate has historically beaten comparable safe options. And the interest is tax-free for most employees, though interest on your own contributions above ₹2.5 lakh a year is taxable. If you complete 5 years of continuous service, the maturity proceeds are tax-exempt too.

How to Use the EPF Calculator

Enter your basic salary plus DA, your expected annual salary growth, and the years left to retirement. The calculator projects your corpus assuming the current rate holds. In reality the government re-declares the rate every year, so treat long-horizon results as estimates. As an example, a basic plus DA of ₹40,000 growing 8% a year for 25 years accumulates to roughly ₹1.5 to 1.6 crore at 8.25%, from contributions most employees barely notice leaving their salary.

Want to Save More? Look at VPF

You can voluntarily contribute more than the mandatory 12% through the Voluntary Provident Fund, up to your full basic plus DA. VPF earns the same 8.25%, follows the same withdrawal rules and needs no separate account. Just remember the tax ceiling: interest on your own contributions above ₹2.5 lakh a year is taxable, which limits how much tax-free VPF headroom you have.

Changing Jobs? Transfer, Never Withdraw

When you switch employers, transfer the balance through your UAN rather than withdrawing it. A withdrawal before 5 years of continuous service makes the corpus taxable, and you permanently lose the compounding. A transfer carries the balance along seamlessly and keeps your service-continuity clock running. EPF is usually the base of a salaried retirement plan, so check what it covers with the retirement calculator, add your NPS projection, and estimate your gratuity for the complete picture.

FAQs about EPF Calculator

The EPFO rate for FY 2025-26 is 8.25% per annum — ratified by the government in June 2026, and the same rate as FY 2023-24 and FY 2024-25. It is declared afresh each year.
You contribute 12% of basic + DA. Your employer also pays 12%, of which 8.33% funds the pension scheme (EPS, calculated on a wage ceiling of ₹15,000, so at most ₹1,250 a month) and 3.67% lands in your EPF account.
For most employees, no. Interest on your own contributions beyond ₹2.5 lakh in a year is taxable, and withdrawal before 5 years of continuous service can make accumulated amounts taxable. Otherwise EPF enjoys tax-exempt status.
Partial withdrawals are permitted for specific purposes (home purchase, medical, education, marriage) with conditions; full settlement happens at retirement or after two months of unemployment. Transfers between employers keep the corpus compounding.
Voluntary Provident Fund lets you contribute beyond the mandatory 12% at the same EPF rate with the same rules — an easy way to expand a guaranteed 8.25% allocation. Note that interest on your own contributions above ₹2.5 lakh a year is taxable.
Transfer it through your UAN — the balance moves to the new employer's account and keeps compounding, and your service continuity is preserved. Withdrawing instead can trigger tax (before 5 years of service) and permanently costs you the compounding.