EPF calculator
Enter your monthly basic salary plus DA, your age, the balance in your EPF account today and the expected interest rate. The calculator splits the employer's 12% between EPF and EPS and projects the corpus to retirement.
EPF corpus at retirement
₹2,13,25,454
30 more years of contribution at 8.25%
- Your contributions
- ₹21,60,000
- Employer → EPF
- ₹17,10,180
- Employer → EPS (pension)
- ₹4,49,820
- Current balance carried forward
- ₹5,00,000
- Interest earned
- ₹1,69,55,274
- Estimated monthly pension
- ₹7,500
- Your share₹21.60 L · 10.4%
- Employer share₹17.10 L · 8.2%
- Interest₹1.70 Cr · 81.4%
Of the employer's 12%, 8.33% goes to the pension scheme (EPS) on wages up to ₹15,000 and the rest to your EPF. Pension is pensionable salary × total service years ÷ 70. The employer also pays an admin charge of about 0.50%, which is not part of your balance.
Year-wise EPF balance
| Year | Contribution credited | Interest | Closing balance |
|---|---|---|---|
| Year 1 | ₹1.29 L | ₹46.57 K | ₹6.76 L |
| Year 2 | ₹1.29 L | ₹61.06 K | ₹8.66 L |
| Year 3 | ₹1.29 L | ₹76.74 K | ₹10.71 L |
| Year 4 | ₹1.29 L | ₹93.71 K | ₹12.94 L |
| Year 5 | ₹1.29 L | ₹1.12 L | ₹15.35 L |
| Year 6 | ₹1.29 L | ₹1.32 L | ₹17.96 L |
| Year 7 | ₹1.29 L | ₹1.54 L | ₹20.79 L |
| Year 8 | ₹1.29 L | ₹1.77 L | ₹23.85 L |
| Year 9 | ₹1.29 L | ₹2.02 L | ₹27.16 L |
| Year 10 | ₹1.29 L | ₹2.29 L | ₹30.74 L |
| Year 11 | ₹1.29 L | ₹2.59 L | ₹34.62 L |
| Year 12 | ₹1.29 L | ₹2.91 L | ₹38.82 L |
| Year 13 | ₹1.29 L | ₹3.26 L | ₹43.36 L |
| Year 14 | ₹1.29 L | ₹3.63 L | ₹48.28 L |
| Year 15 | ₹1.29 L | ₹4.04 L | ₹53.61 L |
| Year 16 | ₹1.29 L | ₹4.48 L | ₹59.38 L |
| Year 17 | ₹1.29 L | ₹4.95 L | ₹65.62 L |
| Year 18 | ₹1.29 L | ₹5.47 L | ₹72.38 L |
| Year 19 | ₹1.29 L | ₹6.02 L | ₹79.69 L |
| Year 20 | ₹1.29 L | ₹6.63 L | ₹87.61 L |
| Year 21 | ₹1.29 L | ₹7.28 L | ₹96.18 L |
| Year 22 | ₹1.29 L | ₹7.99 L | ₹1.05 Cr |
| Year 23 | ₹1.29 L | ₹8.75 L | ₹1.16 Cr |
| Year 24 | ₹1.29 L | ₹9.58 L | ₹1.26 Cr |
| Year 25 | ₹1.29 L | ₹10.48 L | ₹1.38 Cr |
| Year 26 | ₹1.29 L | ₹11.45 L | ₹1.51 Cr |
| Year 27 | ₹1.29 L | ₹12.50 L | ₹1.65 Cr |
| Year 28 | ₹1.29 L | ₹13.64 L | ₹1.80 Cr |
| Year 29 | ₹1.29 L | ₹14.87 L | ₹1.96 Cr |
| Year 30 | ₹1.29 L | ₹16.20 L | ₹2.13 Cr |
How to use this calculator
Enter your monthly basic salary plus DA, your age, the balance in your EPF account today and the expected interest rate. The calculator splits the employer's 12% between EPF and EPS and projects the corpus to retirement.
Free EPF calculator for salaried employees in India. Project your retirement corpus from basic salary, current balance and the EPFO interest rate, plus the estimated EPS monthly pension.
Frequently asked questions
How is the EPF contribution split?+
You contribute 12% of basic plus DA. Your employer also pays 12%, of which 8.33% on wages up to ₹15,000 goes to the EPS pension fund and the rest to your EPF account.
How is the EPS pension calculated?+
Monthly pension equals pensionable salary multiplied by pensionable service years, divided by 70. Pensionable salary is capped at ₹15,000, so the pension tops out around ₹2,125 a month at 10 years of service.
Is EPF withdrawal taxable?+
Your own contribution and its interest are tax-free. For employees whose employer contribution exceeds ₹2.5 lakh a year, interest on the excess is taxable from FY 2021-22 onwards.