About epf calculator
The Employees' Provident Fund builds a retirement corpus from monthly contributions by you and your employer. The calculator projects the balance at retirement.
How contributions work
- The employee usually contributes 12% of basic pay (plus DA).
- The employer contributes 12% as well, but part of it goes to the pension scheme (EPS) rather than the EPF account.
- The government announces the EPF interest rate each year; the projection uses the rate you enter.
Withdrawal
Withdrawals before five years of service can be taxable. Check EPFO rules for the current conditions.
A worked example
With a basic salary of ₹25,000, the employee pays ₹3,000 a month. The employer also pays 12 percent, but ₹1,250 of it (8.33 percent of the ₹15,000 wage ceiling) goes to the pension scheme, leaving ₹1,750 in the EPF account. So ₹4,750 is added to your PF every month.
Check your passbook
You can view your balance and contributions on the EPFO member portal. Keep your UAN active and linked to your bank account and Aadhaar.
