EPF Calculator
Employees' Provident Fund balance projection, pension share separated out.
Inputs
- Contributions₹12,28,200(39%)
- Interest₹18,99,454(61%)
| Year | Contributed | Balance |
|---|---|---|
| 1 | ₹61,410 | ₹66,476 |
| 2 | ₹1,22,820 | ₹1,38,437 |
| 3 | ₹1,84,230 | ₹2,16,334 |
| 4 | ₹2,45,640 | ₹3,00,658 |
| 5 | ₹3,07,050 | ₹3,91,939 |
- Total contributions
- ₹12,28,200
- Interest earned
- ₹18,99,454
- Monthly employee share
- ₹3,600
- Monthly employer share into EPF
- ₹1,518
- Monthly employer share into the pension scheme (EPS)
- ₹2,083
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What each EPF input means
- Basic salary (monthly)
- Monthly basic pay plus dearness allowance, the wage PF is worked out on. If your employer contributes only on the ₹25,000 ceiling, enter ₹25,000 rather than your full basic.
- Employee contribution
- Your contribution, normally 12% of basic. Some smaller establishments use 10%; voluntary contributions above 12% (VPF) aren't modelled here.
- Employer contribution
- Your employer's contribution, normally 12%. The calculator sends 8.33% of pay up to ₹25,000 of it to the pension scheme automatically.
- Years of service
- How many more years you expect to contribute.
- EPF interest rate
- The yearly interest rate, held constant. EPFO declares it each year: 8.25% for 2025-26.
EPF formula
Into EPF each month = your 12% of basic + (employer's 12% − 8.33% of basic up to ₹25,000 to EPS); Balance_y = (Balance_{y−1} + year's contributions) × (1 + r)
You and your employer each put 12% of basic pay plus DA into the scheme, but not all of your employer's share reaches your EPF balance. 8.33% of pay, counted only up to the wage ceiling of ₹25,000 a month since 17 September 2026, goes to the Employees' Pension Scheme instead: at most ₹2,083 a month, which buys a pension rather than adding to the lump sum. The rest of the employer's share, plus all of yours, is added to your EPF account, and the balance earns the interest rate EPFO declares each year, 8.25% for 2025-26. This projection adds each year's contributions and compounds once a year, the usual simplification; your passbook credits interest on the monthly running balance, so it will differ slightly.
EPF worked example
On ₹30,000 basic, you pay ₹3,600 a month and so does your employer, but ₹2,083 of the employer's share goes to the pension scheme, leaving ₹1,518 for EPF. Over 20 years at 8.25%, ₹12,28,200 paid into EPF grows to ₹31,27,654, of which ₹18,99,454 is interest; the pension scheme builds separately alongside it.
More EPF examples
On ₹15,000 basic, below the ceiling, the pension scheme takes 8.33% of actual pay, ₹1,250, so only ₹551 of the employer's ₹1,800 reaches EPF. Thirty years at 8.25% turn ₹8,46,180 of contributions into ₹36,21,555, more than three-quarters of it interest.
On ₹50,000 basic the pension share is capped at ₹2,083, so ₹3,918 of the employer's ₹6,000 goes to EPF along with your ₹6,000. After 10 years at 8.25% the balance is ₹18,88,583.
Where the EPF calculator can give the wrong answer
- Interest on employee contributions above ₹2.5 lakh a year is taxable (Finance Act 2021); this projects the whole balance without splitting that out. It affects only high contributors.
- Employees who joined after 1 September 2014 earning above the ceiling at the time may not be members of the pension scheme; their employer's whole 12% then goes to EPF, and this calculator understates their balance.
- The wage ceiling rose from ₹15,000 to ₹25,000 a month on 17 September 2026; the projection applies the new ceiling to every future year.
- EPFO declares the interest rate each year; the rate you enter is held constant for the whole projection.
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EPF reference table
| Monthly basic + DA | Into EPF each month | Into the pension scheme each month | EPF balance after 20 years |
|---|---|---|---|
| ₹15,000 | ₹1,800 + ₹551 | ₹1,250 | ₹14,36,551 |
| ₹25,000 | ₹3,000 + ₹918 | ₹2,083 | ₹23,94,252 |
| ₹30,000 | ₹3,600 + ₹1,518 | ₹2,083 | ₹31,27,654 |
| ₹50,000 | ₹6,000 + ₹3,918 | ₹2,083 | ₹60,61,262 |
| ₹1,00,000 | ₹12,000 + ₹9,918 | ₹2,083 | ₹1,33,95,282 |
EPF FAQ
- Because 8.33% of pay, up to ₹2,083 a month, goes from your employer's share to the Employees' Pension Scheme rather than your EPF account. On ₹30,000 basic only ₹1,518 of the employer's ₹3,600 reaches EPF; the rest builds your pension.
- 8.25%, the same as the two years before. EPFO's Central Board of Trustees recommends the rate each year and it is credited once notified.
- The wage ceiling rose from ₹15,000 to ₹25,000 a month on 17 September 2026, the first change since 2014. More workers now have to be covered, and the most an employer can put into the pension scheme rose from ₹1,250 to ₹2,083 a month.
- Yes. It is money your employer sets aside for you as part of your cost to company, not an extra. Together with your own share it earns tax-free interest, except on employee contributions above ₹2.5 lakh a year.
- Partly, for purposes such as buying a home, medical treatment or after a period of unemployment, and in full after two months without a job or at retirement. Withdrawals before five years of continuous service can be taxable.