PF Calculator

Project your EPF corpus at retirement, year by year.

Enter your basic salary and retirement age. We will project your provident fund month by month, applying the same interest method EPFO uses, and show your pension contribution separately.

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Apply ₹15,000 statutory wage ceiling

Where each rupee goes

You contribute 12% of basic plus DA, and all of it goes into your EPF account. Your employer also contributes 12%, but that half splits: 8.33% of wages up to the statutory ceiling goes to the Employees' Pension Scheme, and only the remainder joins your EPF balance. This is why the employer's contribution to your withdrawable corpus is smaller than yours.

The ₹15,000 ceiling

The statutory wage ceiling caps mandatory contributions at 12% of ₹15,000, which is ₹1,800 a month. Many employers contribute on the full basic instead, which builds a much larger corpus. Use the ceiling toggle to model whichever applies to you.

How EPF interest actually works

Interest accrues monthly on the running balance at one-twelfth of the declared annual rate, but it is credited to your account only at the end of the financial year. This calculator replicates that exact method rather than applying simple annual compounding, which would overstate your corpus.

EPS is not part of your lump sum

The pension contribution builds a separate entitlement paid as a monthly pension after retirement, subject to a minimum service period. It is shown separately here so you do not mistake it for withdrawable savings.

Frequently asked questions

What is the current EPF interest rate?
EPFO declares the rate each year. This calculator ships with the most recent published rate and an administrator can update it the day a new rate is announced.
Is EPF interest taxable?
Interest on your own contributions above ₹2.5 lakh in a financial year is taxable. Below that threshold, EPF remains exempt at contribution, accrual and withdrawal after five years of continuous service.
Can I withdraw my EPF before retirement?
Partial withdrawals are permitted for specified purposes such as a house, marriage, education or medical treatment, each with its own eligibility conditions. Full withdrawal generally requires two months of unemployment.
What happens to my EPF when I change jobs?
Transfer it to your new employer using your UAN. Withdrawing instead resets your continuous service clock and can make the withdrawal taxable.