EPF Calculator

Only part of it. 8.33% of wages up to the ₹15,000 ceiling — at most ₹1,250 a month — is diverted to the Employees’ Pension Scheme. On ₹15,000 basic the employer’s ₹1,800 splits ₹1,250 to EPS and ₹550 to EPF; on ₹50,000 with an employer contributing on full basic, ₹4,750 of ₹6,000 reaches EPF. Crediting the whole 24% to the fund overstates the corpus.

Less than you may think. 8.33% of your pensionable wage — capped at ₹15,000, so at most ₹1,250 a month — is diverted to the Employees’ Pension Scheme. On a ₹15,000 basic the employer pays ₹1,800, of which only ₹550 reaches your EPF account. On a ₹50,000 basic with an employer who contributes on the full wage, ₹4,750 of the ₹6,000 reaches EPF and ₹1,250 still goes to EPS. Most online calculators credit the whole 24% to the fund and overstate the corpus.

8.25% for FY 2025-26, as notified by the Ministry of Labour on the EPFO Central Board’s recommendation. It is declared once a year, after the year has ended, and credited to accounts afterwards. The calculator holds it constant; the actual rate will change.

Monthly, on the balance at the start of each month, at one-twelfth of the annual rate — but credited only once, at the end of the financial year. So a contribution in April earns eleven months of interest that year, one in March earns none until the following year. This calculator follows that rule rather than applying the rate once to the year-end balance, which is why its year-one interest is lower than a simple 8.25% of the total.

Voluntary Provident Fund is any employee contribution above the statutory 12%, up to 100% of basic. It earns the same EPF rate and has the same tax treatment, with one limit: interest on employee contributions above ₹2.5 lakh a year is taxable. The employer does not match VPF. Enter a higher employee percentage to model it.

No, provided you have five years of continuous service (transfers between employers count). Withdrawal before five years is taxable, with TDS at 10% above ₹50,000 if PAN is provided. Interest on employee contributions above ₹2.5 lakh a year (₹5 lakh where the employer does not contribute) has been taxable since FY 2021-22.

Usually. The line marked PF or provident fund on a private-sector payslip is almost always the Employees’ Provident Fund: 12% of basic plus DA from you, matched by the employer, of which 8.33% goes to the pension scheme. An employee provident fund calculator has to model that diversion to get the balance right, which is why this one asks for basic and DA rather than gross. Government employees are usually on GPF, which has different rules and is not covered here.

EPFO computes interest monthly on the running balance at the declared rate and credits it once, at the end of the financial year, so a contribution made in April earns for twelve months and one made in March earns for one. An EPF interest calculator that applies the rate once to the year-end balance overstates the credit; this page follows the monthly method. The PF maturity calculator figure is simply that balance carried to your retirement date, with yearly increments and any VPF added, and with the 8.33% that went to the pension scheme shown separately rather than silently included.