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EPF Calculator

Project your EPF corpus at retirement from monthly basic, contribution rate, current balance, and years left.

Results update instantly.Change any value and the estimate recalculates on the spot.

Money

EPF

Project your EPF corpus at retirement from monthly basic, contribution rate, current balance, and years left.

₹
%
₹
yrs
%

Projected corpus

-

  • Total contributions-
  • Interest earned-

Simplified projection. It ignores the EPS pension split and the statutory wage ceiling, and assumes the interest rate stays constant.

How to use

1. Enter monthly basic + DA and the total contribution rate (usually 24%). 2. Enter your current balance and years left. 3. Read the projected corpus.

Worked example

Basic of ₹50,000 at 24% monthly contribution, ₹5,00,000 balance, 20 years at 8.25%: a corpus of ₹98,80,755 from ₹33,80,000 contributed and ₹65,00,755 earned as interest.

How the math works

Monthly compounding: corpus = balance x (1+i)^n + PMT x (((1+i)^n - 1)/i), where PMT is the monthly contribution, i the monthly rate, and n the months left. Contributions are basic x contribution rate.

What is the current EPF interest rate?
8.25% for FY 2024-25, declared by EPFO every year. You can change it in the calculator.
How much do I and my employer contribute?
Typically 12% of basic + DA each, 24% total. Part of the employer's share goes to the EPS pension scheme.
Is EPF interest taxable?
EPF interest is tax-free with 5 or more years of continuous service. Earlier withdrawals are taxable.
What is the EPF wage ceiling?
Contributions are mandatory on basic + DA up to ₹15,000 a month. This simplified calculator ignores that ceiling.

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How it works

How the EPF Calculator works

Quick answer: With ₹50,000 monthly basic, 24% total contribution, a ₹5 lakh balance, and 20 years at 8.25%, your EPF could grow to about ₹98,80,755.

Formula

Monthly contribution = basic × total contribution %
Corpus = balance × (1 + r)^m + contribution × ((1 + r)^m − 1) ÷ r

r is the annual rate ÷ 12 and m the months to retirement. 24% is 12% employee plus 12% employer.

Worked example

₹12,000 a month in, ₹5,00,000 today, 20 years, 8.25%: contributions ₹33,80,000, interest ₹65,00,755, corpus ₹98,80,755.

₹50,000 basic, 24% contribution, ₹5L balance

Years to retirementProjected corpus
10 years₹33,63,961Open
15 years₹59,61,888Open
20 years₹98,80,755Open
25 years₹1,57,92,203Open
30 years₹2,47,09,381Open

Assumptions and limits

  • Assumes basic pay stays flat; salary growth would increase the corpus.
  • Part of the employer share goes to EPS (pension), so actual EPF credit can be lower than 24%.

Frequently asked questions

What is the current EPF interest rate?

8.25% for FY 2024-25, declared by EPFO every year. You can change it in the calculator.

How much do I and my employer contribute?

Typically 12% of basic + DA each, 24% total. Part of the employer's share goes to the EPS pension scheme.

Is EPF interest taxable?

EPF interest is tax-free with 5 or more years of continuous service. Earlier withdrawals are taxable.

What is the EPF wage ceiling?

Contributions are mandatory on basic + DA up to ₹15,000 a month. This simplified calculator ignores that ceiling.

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