EPF Calculator

EPF Calculator – Calculate Your Employee Provident Fund Savings

Looking for a simple way to estimate your EPF savings? Use our EPF Calculator to calculate your total provident fund balance, employer contribution, and interest earnings over time.

What is an EPF Calculator?

An Employee Provident Fund (EPF) Calculator helps you determine the total savings you will accumulate under the Employees’ Provident Fund (EPF) scheme. It considers employee contributions, employer contributions, and annual interest rates to give you an accurate estimate of your future savings.

How to Use the EPF Calculator?

✔ Enter Basic Salary + DA – Your monthly basic salary and dearness allowance (DA).
✔ Specify Employee Contribution – Typically 12% of basic salary (adjustable).
✔ Employer Contribution – Employer contributes 8.33% to EPS and 3.67% to EPF.
✔ Set Expected Interest Rate – Usually 8-9% annually, set by EPFO.
✔ Choose Job Duration – Number of years you plan to work and contribute.
✔ View EPF Savings Growth – Get an estimate of your total EPF corpus at retirement.

Example EPF Calculation

• Basic Salary + DA: ₹30,000
• Employee Contribution (12%): ₹3,600
• Employer Contribution (3.67%): ₹1,101
• EPS Contribution (8.33%): ₹2,499
• Interest Rate: 8.5% per annum
• Job Duration: 25 years
• Total EPF Corpus: ₹X (Auto-calculated)

Why Use Our EPF Calculator?

✅ Accurate Results – Uses EPFO-approved formulas
✅ Plan Your Retirement Savings – Get a clear view of future wealth
✅ Easy & Instant Calculation – No manual math required

More Financial Calculators

Explore other useful tools for financial planning:
🔹 SIP Calculator – Systematic Investment Plan calculator
🔹 Lumpsum Calculator – Estimate one-time investments
🔹 SWP Calculator – Withdraw money from mutual funds
🔹 Mutual Fund Returns Calculator – Track mutual fund growth
🔹 Income Tax Calculator – Calculate tax liability
🔹 PPF Calculator – Public Provident Fund savings estimate
🔹 FD Calculator – Fixed deposit interest calculation
🔹 RD Calculator – Recurring deposit growth
🔹 GST Calculator – GST tax calculation

FAQ – Frequently Asked Questions

1️⃣ What formula does the EPF Calculator use?

The formula for EPF calculation is:
Total EPF = Employee Contribution + Employer Contribution + Interest Earned

2️⃣ Is EPF taxable?

No! EPF is tax-free if withdrawn after 5 years of continuous service.

3️⃣ Can I withdraw EPF before retirement?

Yes, partial withdrawal is allowed for specific reasons like home purchase, education, or medical emergencies.