EPF / PF Calculator India 2026
Compute your Provident Fund corpus at retirement. Adjust basic salary, contribution percentages, annual salary hike, and the EPF interest rate to see year-by-year projection. Free, no signup, updated for FY24-25 rate of 8.25% p.a.
EPF / PF Calculator
Year-wise projection
| Age | Year basic (12 mo) | You + employer | Interest | Closing balance |
|---|---|---|---|---|
| 29 | ₹4,80,000 | ₹75,216 | ₹3,103 | ₹78,319 |
| 30 | ₹5,18,400 | ₹81,233 | ₹9,812 | ₹1,69,364 |
| 31 | ₹5,59,872 | ₹87,732 | ₹17,591 | ₹2,74,688 |
| 32 | ₹6,04,662 | ₹94,750 | ₹26,570 | ₹3,96,008 |
| 33 | ₹6,53,035 | ₹1,02,331 | ₹36,892 | ₹5,35,231 |
| 34 | ₹7,05,277 | ₹1,10,517 | ₹48,715 | ₹6,94,463 |
| 35 | ₹7,61,700 | ₹1,19,358 | ₹62,217 | ₹8,76,038 |
| 36 | ₹8,22,636 | ₹1,28,907 | ₹77,591 | ₹10,82,535 |
| 37 | ₹8,88,447 | ₹1,39,220 | ₹95,052 | ₹13,16,807 |
| 38 | ₹9,59,522 | ₹1,50,357 | ₹1,14,839 | ₹15,82,003 |
| 39 | ₹10,36,284 | ₹1,62,386 | ₹1,37,214 | ₹18,81,602 |
| 40 | ₹11,19,187 | ₹1,75,377 | ₹1,62,466 | ₹22,19,445 |
| 41 | ₹12,08,722 | ₹1,89,407 | ₹1,90,917 | ₹25,99,769 |
| 42 | ₹13,05,419 | ₹2,04,559 | ₹2,22,919 | ₹30,27,248 |
| 43 | ₹14,09,853 | ₹2,20,924 | ₹2,58,861 | ₹35,07,033 |
| 44 | ₹15,22,641 | ₹2,38,598 | ₹2,99,172 | ₹40,44,803 |
| 45 | ₹16,44,452 | ₹2,57,686 | ₹3,44,326 | ₹46,46,814 |
| 46 | ₹17,76,009 | ₹2,78,301 | ₹3,94,842 | ₹53,19,957 |
| 47 | ₹19,18,089 | ₹3,00,565 | ₹4,51,295 | ₹60,71,816 |
| 48 | ₹20,71,537 | ₹3,24,610 | ₹5,14,315 | ₹69,10,741 |
| 49 | ₹22,37,259 | ₹3,50,579 | ₹5,84,597 | ₹78,45,917 |
| 50 | ₹24,16,240 | ₹3,78,625 | ₹6,62,906 | ₹88,87,448 |
| 51 | ₹26,09,539 | ₹4,08,915 | ₹7,50,082 | ₹1,00,46,445 |
| 52 | ₹28,18,303 | ₹4,41,628 | ₹8,47,049 | ₹1,13,35,122 |
| 53 | ₹30,43,767 | ₹4,76,958 | ₹9,54,822 | ₹1,27,66,903 |
| 54 | ₹32,87,268 | ₹5,15,115 | ₹10,74,518 | ₹1,43,56,536 |
| 55 | ₹35,50,250 | ₹5,56,324 | ₹12,07,363 | ₹1,61,20,222 |
| 56 | ₹38,34,270 | ₹6,00,830 | ₹13,54,703 | ₹1,80,75,755 |
| 57 | ₹41,41,011 | ₹6,48,896 | ₹15,18,017 | ₹2,02,42,668 |
| 58 | ₹44,72,292 | ₹7,00,808 | ₹16,98,928 | ₹2,26,42,405 |
How EPF works
Employee Provident Fund (EPF) is a mandatory retirement savings scheme administered by EPFO under the Ministry of Labour & Employment. Every salaried employee in an organisation with 20+ employees is enrolled automatically.
Monthly contribution: You contribute 12% of your basic salary + Dearness Allowance. Your employer matches with 12%, split as 8.33% to EPS (pension, capped at ₹15,000 basic) and 3.67% to EPF. The combined EPF balance earns 8.25% annual interest (FY24-25), compounded yearly.
Tax treatment: EPF qualifies for the "EEE" status — Exempt at contribution (Section 80C up to ₹1.5L), Exempt at accrual (interest is tax-free up to ₹2.5L annual contribution), Exempt at withdrawal (if 5+ years of continuous service). This makes it one of the best long-term tax-saving instruments available.
Tips to maximise your PF corpus
- Employee mandatory contribution is 12% of basic + DA — you can opt for VPF (Voluntary PF) to contribute more
- Employer's 12% is split: 8.33% to EPS (capped at ₹15,000 basic, so max ₹1,250/mo) + 3.67% to EPF
- FY24-25 EPF interest rate is 8.25% p.a. — among the highest fixed-income returns in India
- PF contributions up to ₹1.5 lakh/year qualify for Section 80C deduction
- Withdrawal after 5 continuous years of service is fully tax-free; before that it's taxed
- VPF gives the same 8.25% return tax-free — better than most FDs for fixed-income exposure
- Don't withdraw your PF when changing jobs — transfer it to maintain continuity (5-year rule)
Watch-outs
- •Interest above contributions of ₹2.5 lakh/year in EPF (₹5L for govt employees) is taxable — applies to high VPF contributions
- •EPS pension is capped — if your basic was always ₹15k+, you only get pension on ₹15k base
- •Premature withdrawal before 5 years of service attracts TDS + tax on interest
- •The 8.25% rate is fixed annually by EPFO board — historical range 8.10–8.65% over last decade
- •Multiple PF accounts from different employers can complicate withdrawal — always link via UAN
EPF FAQ
How is EPF calculated?
Employee contributes 12% of (basic + DA), employer matches with 12%. Of the employer's 12%, 8.33% goes to EPS (Employee Pension Scheme — capped at ₹15,000 basic, so max ₹1,250/mo employer-EPS contribution) and 3.67% goes to EPF. The combined EPF contribution earns annual interest of 8.25% (FY24-25), compounded annually.
What is the current EPF interest rate 2026?
EPFO declared 8.25% p.a. for FY24-25, ratified by the Ministry of Finance. The rate has been in the 8.10–8.65% band over the last decade. It's reviewed each year by the EPFO Central Board of Trustees and is one of the highest fixed-income returns available to Indian salaried employees.
Is EPF withdrawal tax-free?
Yes, but only if you've completed 5 continuous years of service. Before that, your PF withdrawal is taxed: principal contributions get added back to your income, employer contribution is taxed as 'salary', and interest is taxed as 'income from other sources'. TDS at 10% kicks in on withdrawals above ₹50,000 if you don't furnish PAN, 20% if PAN is missing.
What is VPF and should I opt for it?
VPF (Voluntary Provident Fund) lets you contribute MORE than 12% of basic to your PF — up to 100% of basic salary. It earns the same 8.25% as EPF, tax-free, and qualifies for 80C deduction up to ₹1.5 lakh. VPF is generally a great choice for risk-averse savers, especially as your debt allocation. Only watch-out: interest on contributions above ₹2.5 lakh/year is now taxable.
Can I withdraw EPF before retirement?
Yes, but with restrictions. Full withdrawal needs the account to be inactive for 2+ months (i.e. unemployment). Partial withdrawals are allowed for specific purposes: marriage (after 7 yrs service), education (after 7 yrs), buying a house (after 5 yrs), medical emergency (no minimum), home loan repayment (after 10 yrs). Withdrawal before 5 years of service attracts tax.
What is EPS and how is the pension calculated?
EPS (Employees' Pension Scheme) provides a monthly pension after age 58. Pension formula: (Pensionable salary × Service years) ÷ 70. Pensionable salary is capped at ₹15,000 unless you opted for higher contribution. Example: 30 years of service with ₹15,000 cap = (15,000 × 30) ÷ 70 = ₹6,428/month. Minimum pension is ₹1,000/month.
How does the calculator work?
It projects your year-by-year PF balance based on monthly basic salary, contribution percentages (employee + employer EPF share), annual salary hike, and the prevailing interest rate. Each year: contributions are deposited, interest is computed on the average balance during the year, and the closing balance carries forward. Final corpus is the balance at retirement age.