How much of my salary goes into EPF each month?

You contribute 12% of basic salary plus DA. Your employer also contributes 12%, but only 3.67% of it lands in your EPF account — the other 8.33% goes to the EPS pension scheme. So 15.67% of your basic+DA flows into EPF every month.

What is the current EPF interest rate?

EPFO declared 8.25% for FY2024-25, and reports indicate the same 8.25% for FY2025-26. The rate is declared every year by EPFO's Central Board of Trustees and can change, so treat the calculator's rate as an editable assumption.

Yes, provided you have at least five years of continuous service — then both contributions and interest are exempt (EEE status). Withdrawing before five years makes the interest taxable.

Does this calculator include my EPS pension?

No. It models only the EPF corpus (your 12% plus the employer's 3.67% EPF share). The 8.33% diverted to EPS builds a separate monthly pension and is not part of the lump sum shown here.

EPF Calculator

Your provident fund is probably your biggest retirement asset and you never chose it — it just happens every payday. Type in your basic salary and see what decades of quiet compounding build.

Your inputs

Monthly basic salary + DA

₹

Annual salary growth As a % — e.g. 8 for 8%

Years to retirement

EPF interest rate Declared yearly — currently 8.25%

Projected EPF corpus

—

Total contributed

—

into EPF

Interest earned

—

Corpus growth over time

EPF balance Your contributions

Where the corpus came from

Year-by-year breakdown

Year	Contributions	Interest earned	End balance

What is EPF?

The Employees' Provident Fund is India's mandatory retirement savings scheme for the organised sector, run by the EPFO. If your employer has 20 or more employees, you're almost certainly in it: 12% of your basic salary plus dearness allowance (DA) is deducted every month, and your employer matches it with another 12%.

Here's the part most people miss: the employer's 12% is split. Only 3.67% lands in your EPF account — the other 8.33% is diverted to the Employees' Pension Scheme (EPS), which pays you a monthly pension after retirement instead of a lump sum. So each month, 15.67% of your basic+DA flows into the EPF corpus this calculator projects. The EPS pension is a separate benefit and is not included here.

The math behind this calculator

EPFO computes interest monthly on your running balance and credits it once a year. This calculator mirrors that: every month your balance grows by one-twelfth of the annual rate, then the month's contribution (15.67% of that month's basic) is added. Your basic salary compounds upward each year by your salary-growth input.

Monthly EPF credit = 15.67% × monthly basic (12% employee + 3.67% employer EPF share)
Each month: balance = balance × (1 + r/12) + monthly credit

Worked example

Take a basic salary of ₹40,000 a month, no raises, 30 years, at 8.25%. Your monthly EPF credit is ₹6,268 (₹4,800 from you, ₹1,468 as the employer's EPF share). Over 360 months you contribute about ₹22.6 lakh — and the corpus reaches roughly ₹98.3 lakh. Interest does more than triple your money: about ₹75.7 lakh of the final corpus is pure compounding. And because EPF is tax-free after five years of continuous service, that 8.25% behaves like roughly 11–12% pre-tax for someone in the 30% bracket.

Caveats worth knowing

The rate is declared every year. EPFO's board sets it annually (8.25% for FY2024-25; FY2025-26 has also been reported at 8.25%). It can fall — it was 8.10% in FY2021-22. Adjust the rate input if you want a conservative case.
EPS diversion has a wage ceiling. The 8.33% EPS slice applies up to a ₹15,000 wage ceiling; above that, more of the employer's share lands in EPF. High earners may see slightly more than 15.67% credited.
Early withdrawals are taxable. Pull out before five continuous years of service and the interest becomes taxable. The tax-free (EEE) status rewards patience.
This is EPF only. Your EPS pension, any VPF (voluntary extra contributions), and inflation aren't modelled here.

Sources: Angel One — EPF interest rate FY2024-25; ClearTax — EPF interest rate; OnePercentClub — EPF vs PPF.

Educational purposes only — not financial advice. Projections are hypothetical and don't predict actual EPF rates or salary growth.