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EPF Calculator

Enter your basic pay, your age and your current balance to see what your EPF could grow to by 58. The calculator separates the part of your employer's contribution that goes to the pension scheme, which never shows in your PF balance — the most common reason passbooks look smaller than expected.

From your EPFO passbook; leave blank if new

8.25% was declared for 2025-26; EPFO sets it each year

Enter your basic pay and age to project your EPF balance at retirement.

How to use this tool

  1. Enter your monthly basic pay plus dearness allowance.
  2. Enter your age, the age you expect to retire (58 is the EPF norm) and your current EPF balance from the EPFO passbook.
  3. Enter the pay rise you expect each year. Contributions are a percentage of basic, so they rise with it.
  4. Keep the 8.25% rate or change it. EPFO declares the rate once a year; 8.25% was notified for 2025-26.
  5. Read the balance at retirement and the year-by-year table.

Formula and method

Monthly contributions

Employee: 12% of basic · Employer to EPF: 12% of basic − EPS · EPS: 8.33% of basic, on at most ₹15,000

Of the employer's 12%, up to ₹1,250 a month goes to the Employees' Pension Scheme and the rest to your EPF account.

Interest

Year's interest = Σ monthly running balance × rate ÷ 12, credited at year end

EPFO calculates interest on the balance each month and credits it once a year, so each year's contributions earn a little less than a full year's interest.

Worked examples

₹30,000 basic, age 25, retiring at 58, no pay rises, 8.25%

  1. You: 12% of 30,000 = ₹3,600 a month
  2. Employer to EPS: 8.33% of 15,000 ≈ ₹1,250; to EPF: ₹2,351
  3. 33 years of contributions: ₹23.6 lakh in total

About ₹1.15 crore at 58 — nearly four-fifths of it interest.

The same, with a 5% pay rise every year

  1. Contributions grow with basic pay each year

About ₹2.17 crore at 58.

Notes and limitations

  • The rate is assumed to stay the same for every future year. EPFO sets it annually; it has been 8.25% for 2023-24, 2024-25 and 2025-26.
  • The projection assumes no withdrawals, no job gaps and contributions on your full basic pay. Many employers contribute on only ₹15,000; if yours does, enter ₹15,000 as basic.
  • Voluntary PF contributions (VPF) are not included. The EPS pension is a separate monthly pension, not part of this balance.
  • Interest on your own contributions above ₹2.5 lakh a year is taxable. Withdrawals after five years of continuous service are tax-free.

Frequently asked questions

What is the EPF interest rate?

8.25% a year for 2025-26, notified by EPFO in July 2026 — the third year running at that rate. It is declared once a year, so future rates may differ.

Why is my EPF balance lower than 24% of my basic?

Because part of the employer's 12% — 8.33% of wages up to ₹15,000, so up to ₹1,250 a month — goes to the Employees' Pension Scheme, not your EPF account.

How is EPF interest calculated?

On the running balance at the end of each month, at the annual rate divided by 12, and credited to your account once at the end of the financial year.

Is EPF withdrawal taxable?

Not after five years of continuous service. Withdrawing earlier can make the employer's contribution and interest taxable. Interest on employee contributions above ₹2.5 lakh a year is taxable every year regardless.

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