EPF Calculator
Calculate your Employee Provident Fund (EPF) maturity amount, contributions, and interest earnings with our advanced calculator
Employee Details
Include Employer Contribution
Projected Results
Total Contributions
₹45,87,500
Total Interest
₹32,18,500
Maturity Value
₹78,06,000
Employee Contribution
₹27,52,500
Employer Contribution
₹18,35,000
Years to Retirement
30 years
EPF Interest Rate
8.15%
EPF Growth Projection
About Employee Provident Fund (EPF)
What is EPF?
The Employee Provident Fund (EPF) is a mandatory savings scheme established by the Indian government to help employees save for retirement. Both employees and employers contribute a portion of the salary to this fund.
Key features:
- Mandatory for organizations with 20+ employees
- Employee contributes 12% of basic salary + DA
- Employer contributes 12% (3.67% to EPF, 8.33% to EPS)
- Tax benefits under Section 80C
- Interest rate declared annually (currently 8.15%)
Tax Benefits
EPF offers attractive tax benefits:
- Contributions: Deductions under Section 80C up to ₹1.5 lakh per year
- Interest: Tax-free if balance withdrawn after 5 years of continuous service
- Maturity: Entire amount at retirement is tax-free
Withdrawals before 5 years of continuous service are taxable.
Investment Tips
- Transfer EPF when changing jobs to maintain compounding
- Consider voluntary contributions to maximize savings
- Check your EPF balance regularly through the EPFO portal
- Ensure your UAN is linked and activated
- Use EPF as the foundation of your retirement portfolio
EPF is one of the safest retirement savings options with guaranteed returns.