How to use the EPF Calculator (Provident Fund Corpus)
- Enter your monthly basic pay plus dearness allowance (DA).
- Enter your contribution percentage, usually 12%, and any current EPF balance.
- Enter the years of contributions left, your expected yearly raise and the EPF interest rate.
- Read the estimated balance, your contributions, the employer’s share and the interest.
Formula used
Employee EPF = rate × basic + DA. Employer pays 12% of which the pension scheme (EPS) takes 8.33% of wages capped at ₹15,000 (up to ₹1,250), and the rest goes to EPF. Interest is worked out monthly on the running balance and credited at year end.
Worked example
Here is the EPF Calculator (Provident Fund Corpus) worked through with the example values shown above, so you can check each step by hand.
| Inputs | |
|---|---|
| Monthly basic + DA | ₹30,000 |
| Your contribution (% of basic + DA) | 12 % |
| Current EPF balance | ₹0 |
| Years of contributions left | 25 years |
| Yearly salary increase | 5 % |
| EPF interest rate (per year) | 8.25 % |
| Result | |
| Estimated EPF balance at the end | ₹95,58,747 |
| Your total contributions | ₹20,61,811 |
| Employer’s total EPF contributions | ₹16,86,811 |
| Interest earned | ₹58,10,126 |
| Your monthly contribution now | ₹3,600 |
| Employer’s EPF contribution now (monthly) | ₹2,350 |
How contributions work
You contribute 12% of basic plus DA. At ₹30,000 that is ₹3,600 a month. Your employer also contributes 12%, but part of it goes to the Employees’ Pension Scheme (EPS): 8.33% of wages, capped at a wage ceiling of ₹15,000, which is at most ₹1,250 a month. The rest, ₹2,350 here, goes to your EPF.
Both contributions are assumed to be on the full basic plus DA. Some employers cap their contribution at the ₹15,000 wage ceiling, which would lower the employer’s share. Check your payslip, and treat the calculator as an estimate for your own case.
Interest and the end balance
At the default 8.25% rate, 25 years of contributions, a 5% yearly raise and no opening balance, the estimated balance is ₹95,58,747. Your own contributions total ₹20,61,811, the employer’s EPF share ₹16,86,811, and the interest earned ₹58,10,126, which is most of the total.
Interest is calculated on the monthly running balance and credited at the end of the year, as the EPFO does. The calculator applies one rate for every year, but the rate is declared annually and has changed over time.
What drives the result
Higher pay raises everything: at ₹60,000 a month the balance is ₹2,03,05,780. The interest rate matters a lot over 25 years: at 7% instead of 8.25% the balance falls to ₹81,67,076. An existing EPF balance of ₹5,00,000 lifts the result to ₹1,31,86,750.
Voluntary contributions above 12% (VPF) earn the same interest rate. You can model that by raising the contribution percentage.
Rates, rules and tax
The EPF interest rate for 2025-26 was 8.25%, and it is declared by the EPFO each year, so use the latest rate you can find and expect it to change. Rules on the wage ceiling, withdrawals and the tax treatment of interest on large contributions can change as well, particularly with the new labour codes, so check with the EPFO or your employer.
This calculator estimates the EPF balance only. It does not calculate your EPS pension, which is paid separately and depends on service and pensionable salary.
Frequently asked questions
What is the EPF interest rate?
It is declared yearly by the EPFO. It was 8.25% for 2025-26. Enter the latest rate in the calculator.
How much do I contribute to EPF?
Usually 12% of basic pay plus dearness allowance, though you can contribute more voluntarily.
Why does the employer contribute less to EPF than 12%?
Part of the employer’s 12% goes to the pension scheme (EPS), 8.33% of wages up to ₹15,000.
Is EPF interest taxable?
Rules exist for taxing interest on contributions above certain limits, and they can change. Check current tax rules.
Does the calculator include the pension?
No, only the provident fund balance.
Can I include a salary rise?
Yes, enter your expected yearly increase. The calculator raises your basic pay by that percentage each year.
This calculator gives estimates for information only. Actual figures from a bank, employer, tax authority or doctor may differ. It is not financial, tax, legal or medical advice.