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About the EPF Calculator
The Employees' Provident Fund is the default retirement account for salaried India. You contribute 12% of basic and dearness allowance, and your employer matches it — though 8.33% of the employer's share, capped at a ₹15,000 wage, is diverted to the EPS pension scheme rather than your balance.
The rate is set annually by the EPFO and has stayed above 8% for years, tax free, which makes it one of the best fixed-income instruments available to anyone. Voluntary Provident Fund lets you contribute more than 12% at the same rate.
The formula
Salary growth is applied annually, so contributions rise with your basic.
Things worth knowing
Frequently asked questions
You contribute 12% of basic plus DA and the employer contributes 12%, of which 8.33% (on wages up to ₹15,000) goes to EPS. The balance earns the EPFO rate, compounded annually.
Not after five years of continuous service. Withdrawing earlier makes the entire amount taxable, including the employer contribution and all the interest.
Voluntary Provident Fund — contributing more than the statutory 12% of basic. It earns the same rate with the same tax treatment, though interest on your own contributions above ₹2.5 lakh a year is taxable.
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