How to use the EPF calculator
- Enter your monthly basic salary plus dearness allowance – EPF is worked out on this, not on your full CTC.
- Enter your age, the age you will retire (usually 58) and your current EPF balance from the EPFO passbook.
- Set your expected yearly salary increase. The interest rate starts at 8.25%, the rate declared for FY 2025-26.
How EPF contributions work
You pay 12% of basic + DA every month. Your employer also pays 12%, but 8.33% of it goes to the Employees’ Pension Scheme (EPS) – on wages up to ₹15,000, so at most ₹1,250 a month – and only the rest goes into your EPF account.
| Basic + DA | You (12%) | Employer to EPF | Employer to EPS |
|---|---|---|---|
| ₹15,000 | ₹1,800 | ₹551 | ₹1,250 |
| ₹25,000 | ₹3,000 | ₹1,751 | ₹1,250 |
| ₹50,000 | ₹6,000 | ₹4,751 | ₹1,250 |
| ₹1,00,000 | ₹12,000 | ₹10,751 | ₹1,250 |
Interest is worked out every month on the running balance and added once a year. EPF interest is tax-free as long as your own contribution stays under ₹2.5 lakh a year.
Retiring at 58 at 8.25%, the EPF balance grows to about ₹1,06,71,452.
Want to invest more? Use the PPF calculator or the NPS calculator.
Frequently asked questions
What is the EPF interest rate?
8.25% a year for FY 2025-26, declared by the EPFO and approved by the government. It is reviewed every year.
How much does my employer put into EPF?
12% of basic + DA, but 8.33% (up to ₹1,250 a month) goes to the pension scheme (EPS). The remaining 3.67% – or more if your basic is above ₹15,000 – goes into your EPF account.
Can I contribute more than 12%?
Yes, through Voluntary Provident Fund (VPF) – up to 100% of basic + DA. It earns the same interest. Enter a higher percentage in “Your Contribution”.
Is EPF interest taxable?
Interest on your own contributions above ₹2.5 lakh a year is taxable. The maturity amount is tax-free after 5 years of continuous service.
When can I withdraw my EPF?
In full at retirement (58) or after two months without a job. Partial withdrawals are allowed for a house, illness, marriage or education.