EPF Calculator India (2026)
Calculate your EPF maturity amount, interest earned, and estimated pension at retirement.
Calculate Your EPF Returns
📊 Contribution Breakdown
Important Disclaimer
EPF calculations assume consistent contributions and current interest rate (8.25% p.a.). Actual returns may vary based on rate revisions by EPFO.
What is EPF?
Employees' Provident Fund (EPF) is a retirement savings scheme for salaried employees in India. Both employee and employer contribute 12% of basic salary monthly. EPF offers guaranteed returns (currently 8.25% p.a.) and is completely tax-free at maturity.
EPF Contribution Breakdown
Where does each rupee of your PF go?
| Contributor | % of Basic Salary | Where It Goes |
|---|---|---|
| Employee | 12% | Fully to EPF account |
| Employer | 3.67% | To EPF account |
| Employer | 8.33% | To EPS (pension) — capped at ₹1,250/month |
If basic salary > ₹15,000, employer pension contribution is capped at ₹1,250/month (8.33% of ₹15,000).
EPF Interest Calculation Formula
Monthly Interest = Monthly Closing Balance × (8.25% ÷ 12)EPF interest is calculated monthly but credited annually. Example: ₹1,00,000 EPF balance earns ₹687.50 interest per month = ₹8,250 per year.
Tax-free: Unlike FD where TDS is deducted, EPF interest is completely tax-free under Section 10(11) and 10(12) of the Income Tax Act — provided employee contributions do not exceed ₹2.5 lakh per year.
VPF — Voluntary Provident Fund (the hidden wealth builder)
VPF lets you contribute more than the mandatory 12% of basic salary to your EPF account — up to 100% of basic salary. The same 8.25% guaranteed rate applies, and it is completely tax-free. VPF is the best guaranteed return tax-free investment available in India — beating FD, RD, and NSC on both rate and tax treatment.
Who should use VPF: Anyone in the 30% tax bracket who has surplus salary and wants guaranteed returns. A person earning ₹1 lakh/month can voluntarily add ₹50,000/month to VPF and earn 8.25% tax-free on the full amount.
EPF Withdrawal Rules 2026
| Situation | Withdrawal Allowed | Tax Treatment |
|---|---|---|
| Resignation before 5 years | Partial EPF | Taxable (TDS if >₹50,000) |
| Resignation after 5 years | Full EPF + interest | Completely tax-free |
| Retirement at 58 | Full EPF + EPS pension | Completely tax-free |
| Medical emergency | Up to 6 months' salary | Tax-free |
| Home purchase | Up to 90% of corpus | Tax-free |
| Unemployment > 2 months | Full withdrawal | Tax-free after 5 yrs service |
Key rule: Always transfer — never withdraw — EPF when changing jobs before 5 years. Using UAN for transfer preserves service continuity for tax-free treatment and maintains your EPS pension record.
EPF vs PPF vs VPF vs NPS — Which is Best for Retirement?
| Option | Rate | Tax on Contrib. | Tax on Returns | Tax at Maturity | Lock-in |
|---|---|---|---|---|---|
| EPF | 8.25% | 80C (up to ₹1.5L) | Tax-free | Tax-free (5+ yrs) | Until retirement |
| VPF | 8.25% | 80C (up to ₹1.5L) | Tax-free* | Tax-free (5+ yrs) | Until retirement |
| PPF | 7.1% | 80C (up to ₹1.5L) | Tax-free | Tax-free | 15 years |
| NPS | Market-linked | 80C + extra ₹50K (80CCD) | Tax-free | 60% tax-free | Until 60 |
*VPF interest is tax-free only on contributions up to ₹2.5 lakh/year (employee portion). Verdict: EPF+VPF wins for salaried employees — guaranteed 8.25% fully tax-free beats any FD post-tax.
EPS Pension Calculator — How is Pension Calculated?
Monthly Pension = (Pensionable Salary × Pensionable Service) ÷ 70Example: 28 years service, pensionable salary ₹15,000: Monthly Pension = (15,000 × 28) ÷ 70 = ₹6,000/month. Maximum possible: (15,000 × 35) ÷ 70 = ₹7,500/month. Minimum guaranteed: ₹1,000/month.
Higher Pension option: Supreme Court 2022 ruling allows pension on actual salary above ₹15,000 — apply through EPFO portal if eligible.
Year-wise EPF Growth (Default: ₹50K salary, 8.25%, 5% increment)
| Year | Age | Basic Salary | Emp. Contrib. | Employer Contrib. | Interest | Closing Balance |
|---|---|---|---|---|---|---|
| 1 | 31 | ₹50,000 | ₹72,000 | ₹22,020 | ₹7,757 | ₹1,01,777 |
| 2 | 32 | ₹52,500 | ₹75,600 | ₹23,121 | ₹16,541 | ₹2,17,039 |
| 3 | 33 | ₹55,125 | ₹79,380 | ₹24,277 | ₹26,457 | ₹3,47,153 |
| 4 | 34 | ₹57,881 | ₹83,349 | ₹25,491 | ₹37,619 | ₹4,93,612 |
| 5 | 35 | ₹60,775 | ₹87,516 | ₹26,765 | ₹50,151 | ₹6,58,046 |
Showing years 1–5. Use the calculator above to see all 28 years interactively.
EPF Calculator — Frequently Asked Questions
What is the EPF interest rate for 2025–26?
EPFO declared 8.25% p.a. for FY 2024–25 — same as FY 2023–24. The rate is announced annually by the EPFO Central Board of Trustees and approved by the Finance Ministry. Interest is calculated monthly but credited to your account at the end of the financial year.
How do I check my EPF balance?
Four ways: (1) EPFO member portal at epfindia.gov.in using UAN login, (2) UMANG app, (3) SMS "EPFOHO UAN ENG" to 7738299899, (4) Missed call to 011-22901406 from your registered mobile. Your UAN (Universal Account Number) is required for all methods.
Can I withdraw EPF before retirement?
Yes, partial withdrawal is allowed for specific reasons: medical emergency (6 months' salary), home purchase (90% of corpus), marriage/education (50% of employee share after 7 years). Full withdrawal is allowed after retirement (age 58) or after 2 months of unemployment. Withdrawal before 5 years attracts TDS at 10% (with PAN) or 34.6% (without PAN).
What happens to EPF when I change jobs?
Always transfer your EPF to your new employer using the UAN portal (Online Transfer Claim). Never withdraw — this preserves your 5-year continuity for tax-free treatment and maintains your EPS pension service record. The transfer is online and typically completes in 3–5 working days.
Is EPF better than NPS?
For most salaried employees: EPF+VPF is better because returns are guaranteed (8.25%) and 100% tax-free at maturity. NPS returns are market-linked and only 60% is tax-free at withdrawal (40% must be converted to annuity). However, NPS gives an additional ₹50,000 deduction under 80CCD(1B) beyond the ₹1.5 lakh 80C limit — making both together optimal for high earners.
What is the EPF wage ceiling?
The current EPF wage ceiling is ₹15,000/month basic salary. Employees with basic salary above ₹15,000 are "excluded employees" and EPF contribution becomes voluntary. However, if you were already a member when salary crossed ₹15,000, contributions continue on actual salary. Employer's EPS contribution is always capped at 8.33% of ₹15,000 = ₹1,250/month regardless of actual salary.