EPF Calculator

Estimate your Employee Provident Fund savings and track contributions with our online EPF calculator. Calculate retirement corpus with changing interest rates.

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EPF Calculation Results

Current Balance

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Total Investment

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Total Interest

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Maturity Amount

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EPF Growth Over Time

Investment vs Interest

Understanding Employee Provident Fund (EPF)

Most private sector employees are entitled to receive post-retirement benefits if they function in the organised sector. Note that government employees are additionally eligible for pensions unlike their private sector counterparts. Employee Provident Fund was set up after the EPF Act was passed in the Parliament.

How EPF Works

Under the law, the Employees Provident Fund Organisation of India (or EFPO) controls the funds deposited by both the employee and employer in a permanent account, affixed by an UAN or Unique Account Number. An EPF calculator can help you estimate your savings appropriately.

Benefits of Using Our EPF Calculator

The PF calculator uses proprietary technology to fetch the correct sum every time you input data. Provident Fund acts as a guarantee for future prosperity or loss of employment, and is of great use for future financial decision-making.

Frequently Asked Questions (FAQs)

What is EPF?
Employee Provident Fund (EPF) is a retirement savings scheme managed by the Employees' Provident Fund Organisation (EPFO) of India. It's mandatory for organizations with 20+ employees.
How is EPF contribution calculated?
Both employee and employer contribute 12% of basic salary + DA. Employee's entire 12% goes to EPF, while employer's 12% is split between EPF (3.67%) and EPS (8.33%).
What is the current EPF interest rate?
The current EPF interest rate is 8.1% per annum (2023-24). This rate is reviewed and announced by the government annually.
When can I withdraw from EPF?
You can withdraw from EPF after retirement at age 58, or partially for specific purposes like home purchase, medical emergencies, or unemployment after 2 months.
Is EPF withdrawal taxable?
EPF withdrawal is tax-free if you have completed 5 years of continuous service. Withdrawals before 5 years may attract TDS on the interest earned.
What is UAN?
Universal Account Number (UAN) is a unique 12-digit number assigned to each EPF member. It remains the same throughout your career, even when you change jobs.