EPF Calculator
Calculate your Employee Provident Fund corpus at retirement with year-by-year projections.
Calculate your Employee Provident Fund corpus at retirement with year-by-year projections.
EPF interest rate is set by the EPFO and may change yearly. Current rate: 8.25% p.a. (FY 2024-25). Employer contribution of 8.33% goes to EPS (pension), only 3.67% goes to EPF.
Monthly Contributions
₹6,000
₹1,835
₹7,835
Show value in today's money
EPF Corpus at 58
₹1,03,21,627
| Year | Age | Your Contribution | Employer | Interest | Balance |
|---|---|---|---|---|---|
| 1 | 31 | ₹72,000 | ₹22,020 | ₹4,309 | ₹98,329 |
| 2 | 32 | ₹1,44,000 | ₹44,040 | ₹17,045 | ₹2,05,085 |
| 3 | 33 | ₹2,16,000 | ₹66,060 | ₹38,928 | ₹3,20,988 |
| 4 | 34 | ₹2,88,000 | ₹88,080 | ₹70,743 | ₹4,46,823 |
| 5 | 35 | ₹3,60,000 | ₹1,10,100 | ₹1,13,342 | ₹5,83,442 |
EPF (Employee Provident Fund) is a retirement savings scheme for salaried employees in India. It is mandatory for organizations with 20+ employees. Both you and your employer contribute to this fund, which grows with guaranteed interest, creating a substantial corpus by the time you retire.
Your employer's 12% contribution is split between EPF (3.67%) and EPS (8.33%). EPS (Employee Pension Scheme) provides a monthly pension after retirement, calculated based on your pensionable salary and service years. This calculator focuses only on the EPF component which accumulates as a lump sum corpus.
EPF is one of the safest long-term investments with guaranteed returns. The power of compounding over 25-30 years can turn modest monthly contributions into a substantial retirement corpus. The employer match effectively gives you a 15.67% total contribution rate on your basic salary, making it an excellent wealth-building tool.
This calculator projects your EPF corpus at retirement by applying monthly compounding interest on both employee and employer contributions. Enter your basic salary, current age, existing EPF balance, and expected interest rate to see your projected retirement corpus.
Formula used:
Monthly Balance = (Previous Balance + Monthly Contribution) × (1 + r/12)Where r = annual interest rate. Interest is compounded monthly on the running balance.
Note: This calculator shows only the EPF component (employee 12% + employer 3.67%). The employer's EPS contribution (8.33%) is not included as it goes toward pension benefits.