EPF Calculator

Monthly Contribution (₹) The amount contributed monthly to EPF (employee + employer share).

Annual Interest Rate (%) The current EPF interest rate (compounded annually).

Tenure (Years) Duration of EPF accumulation in years.

About EPF Calculator

The Employee Provident Fund (EPF) is a mandatory retirement savings scheme in India. Both employees and employers contribute 12% of the basic salary to the fund. This calculator helps you estimate the maturity amount based on your monthly contributions and the prevailing interest rate.

How EPF Works

Contributions: Employee contributes 12% of basic salary, employer matches with another 12%.
Interest: Compounded annually on the balance.
Withdrawal: Allowed after 58 years or under specific conditions.

Key Benefits

Tax-free interest and withdrawals.
Guaranteed returns.
Long-term savings for retirement.

Frequently Asked Questions

What is EPF?

Employee Provident Fund (EPF) is a retirement savings scheme for employees in India, where both employee and employer contribute 12% of the basic salary.

How is EPF interest calculated?

EPF interest is compounded annually on the balance at the end of each year.

What is the current EPF interest rate?

The current EPF interest rate is 8.15% per annum as notified by the EPFO.

When can I withdraw EPF?

EPF can be withdrawn after 58 years of age or in case of unemployment, retirement, or specific needs with conditions.

Note: This calculator provides estimates for EPF maturity amount. Actual corpus may vary based on EPF interest rate changes, voluntary contributions, service tenure, and withdrawals. Consult EPFO or your employer for exact EPF balance and entitlement.