EPF calculator
Every salaried employee in an EPF-covered company builds a retirement fund without noticing it: 12% of your basic pay goes into the Employees' Provident Fund, your employer adds its share, and EPFO credits interest every year. This EPF calculator projects what that adds up to by retirement, accounting for yearly raises and the portion of your employer's contribution that goes to the pension scheme instead.
How to use it
- Enter your monthly basic salary plus DA (not your gross or in-hand salary).
- Set your age, retirement age and expected yearly raise.
- Add your current EPF balance from the EPFO passbook if you have one.
How the contribution is split
| Basic + DA ₹30,000 | Monthly |
|---|---|
| Your 12% → EPF | ₹3,600 |
| Employer 8.33% of ₹15,000 → EPS | ₹1,250 |
| Employer balance → EPF | ₹2,350 |
| Into your EPF each month | ₹5,950 |
Example
A 28-year-old with a basic of ₹30,000, 6% yearly raises and 8.25% interest retires at 58 with an EPF corpus of roughly ₹1.84 crore (on these assumptions). Want to know what a corpus like that will be worth after inflation? Use the inflation calculator, and plan the rest with theretirement calculator.
Disclaimer: Results are estimates for educational purposes only and are not financial, investment or tax advice. Please verify with your bank, broker or a SEBI-registered adviser before acting. Read the full disclaimer.