EPF Accumulator
Project your Employee Provident Fund growth
Enter EPF Details
Calculate your EPF corpus at retirement
12% of Basic Salary (no cap)
How Do EPF Calculators Work?
EPF calculators help you project your Employee Provident Fund balance at retirement by calculating monthly contributions, employer matching, and compound interest over time. Here's a step-by-step explanation:
Enter Basic Salary and Age
Input your monthly basic salary and age details. EPF contribution is calculated as 12% of basic salary. If you choose fixed option, maximum contribution is ₹1,800/month (capped at ₹15,000 basic).
Calculate Monthly Contributions
The calculator computes employee contribution (12% of basic) and employer contribution (12% of basic). Your employer's contribution is essentially free money added to your retirement corpus. Both contributions are added monthly.
Apply Compound Interest
The calculator applies compound interest at the current EPF rate (8.25% per annum) over the years until retirement. Interest is calculated annually on the accumulated balance, and your contributions grow exponentially over time.
Understanding Your EPF Calculation
Learn how epf calculations work
Understanding EPF Calculation
EPF (Employee Provident Fund) is India's most trusted retirement savings scheme. Both you and your employer contribute 12% of your Basic Salary, building a substantial retirement corpus with guaranteed returns.
Formula:
EPF Balance = (Employee Contribution + Employer Contribution) × (1 + Interest Rate)^Years + Current BalanceKey Points:
- •Employee contributes 12% of Basic Salary (mandatory)
- •Employer also contributes 12% of Basic Salary (free money!)
- •Maximum contribution capped at ₹1,800/month if basic ≤ ₹15,000
- •Interest rate is declared annually by EPFO (currently 8.25%)
- •EPF is tax-free on withdrawal after 5 years of continuous service
Frequently Asked Questions
Common questions about epf
Disclaimer
These calculators are for estimation and educational purposes only. For personalized financial advice, please consult a qualified financial advisor or chartered accountant.
All calculations are based on standard formulas and current tax laws. Actual results may vary based on individual circumstances and applicable regulations.
How EPF Contribution Is Calculated on Salary
Employees often see EPF deductions on their payslip but are unsure how the amount is calculated. Understanding how EPF contribution works helps you know how much you are saving for retirement every month.
EPF vs PPF vs NPS: Which Is Better for Retirement?
EPF, PPF, and NPS are popular retirement savings options in India. Each serves a different purpose, and choosing the right one depends on income type, risk appetite, and retirement goals.
How EPF Grows Over Time With Salary Increments
EPF is a long-term savings tool, and its real strength lies in compounding over time. Salary increments play a major role in increasing EPF contributions and final retirement corpus.