EPF Calculator (Employee Provident Fund)
Calculate EPF maturity for Indian employees. 12% employee + 12% employer contribution, 8.25% current interest rate.
EPF Maturity at Retirement
What is EPF?
Employee Provident Fund (EPF) is India's mandatory retirement savings scheme for salaried employees in companies with 20+ workers. Employee contributes 12% of basic+DA monthly; employer matches with 12% (3.67% to EPF, 8.33% to Employee Pension Scheme). Current interest rate 8.25% (revised annually). Tax-free under EEE status (Exempt-Exempt-Exempt). Withdrawable at age 58 or earlier for specific needs (home purchase, medical, marriage).
How to use
- Enter monthly basic+DA — Salary component used for EPF
- Enter ages — Current and retirement
- Set growth rate — Expected annual salary increment
- View maturity corpus — Total + breakdown
Tips
- Maximize: full 12% contribution (no opt-out for < ₹15K basic)
- Voluntary PF: contribute extra above 12% for tax savings
- Withdraw partially for emergencies (max 3 times)
- Online EPFO portal tracks balance
FAQs
EPF vs PPF?
EPF: Only for employed, employer matches contribution, 8.25% interest. PPF: For anyone, no employer match, 7.1%.
Can I withdraw EPF before 58?
Partial withdrawal allowed for specific needs (medical, marriage, home loan). Full withdrawal post 2 months of leaving job.
How to check EPF balance?
EPFO member portal, UMANG app, or call EPF helpline 1800-118-005.