EPF Calculator

Both you and your employer contribute 12% of your Basic salary + DA each month, as a statutory minimum — some employees voluntarily contribute more through VPF (Voluntary Provident Fund), which has no upper cap. Your employer's 12%, however, isn't entirely credited to your EPF balance — a slice of it is diverted to a separate pension scheme first.

EPS (Employees' Pension Scheme) is a separate government pension scheme, not part of your withdrawable EPF corpus. 8.33% of your employer's contribution — calculated on wages capped at ₹15,000/month regardless of your actual Basic — goes to EPS, capped at ₹1,250/month. Only what's left of your employer's contribution after that actually lands in your EPF balance and compounds alongside your own contribution.

EPFO declared 8.25% p.a. for FY 2025-26, the third consecutive year at this rate. Interest is calculated monthly on your running balance but credited to your account only once, at financial year-end — a mechanic similar to PPF. This rate is fixed annually by EPFO's Central Board of Trustees, typically between February and May, so check EPFO's current notification before relying on it for a long-term projection.

₹15,000/month is the statutory minimum wage base for PF contributions — legally, an employer only has to calculate PF on whichever is lower: your actual Basic + DA, or ₹15,000. Many employers choose to contribute on your full Basic anyway, which increases both your own and your employer's contribution (though EPS stays capped at the ₹15,000 ceiling either way) — check your payslip or ask HR which convention your employer follows.

Full withdrawal is normally available at retirement (58) or after being continuously unemployed for 2 months. Partial withdrawal is allowed earlier for specific purposes — such as a home purchase, medical treatment, wedding, or education — subject to conditions on years of service and withdrawal limits that vary by purpose, set by EPFO rules.