Investments & Wealth

EPF Calculator

Estimate your EPF corpus from salary, contribution rates and years of service

EPF details

₹
%
%

Default 3.67% to EPF (8.33% of employer share goes to EPS for basic up to ₹15,000)

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yrs

Estimated EPF balance

₹0

How the EPF Calculator works

Both employee and employer contributions are added monthly to your EPF account. Interest is compounded annually on the running balance - the same method EPFO uses for interest credit.

Monthly contribution = Basic × (Employee% + Employer EPF%) / 100

This is a simplified estimate. Actual EPS allocation, wage ceiling changes and partial withdrawals are not modelled.

Why use it

Detailed features

Salary-linked

Based on your basic salary and standard EPF contribution rates.

Employer split

Customisable employee and employer EPF percentages.

Annual compounding

Interest applied yearly on accumulated balance.

On the go

Also in the free Toolance Android app.

Understand the result

What the EPF Calculator tells you

This calculator helps you estimate retirement savings built from employee and employer PF contributions. It turns a small set of inputs into a clear estimated EPF corpus, then shows the supporting breakdown so you can understand what moved the answer.

Inputs to check

  • Basic salary: use a recent statement, quote or realistic assumption.
  • PF contribution: use a recent statement, quote or realistic assumption.
  • Growth and tenure: use a recent statement, quote or realistic assumption.

Try three scenarios

Run a likely case, a conservative case and a better case. Change one input at a time so you can see which assumption matters most.

How to use this estimate in a real decision

Write down the values you entered and the date you checked them. Compare options using the same assumptions, then include any fee, tax, penalty or provider rule that sits outside the calculator. A mathematically precise answer can still be incomplete when the inputs are old or optimistic.

Treat the result as a planning range, not a quote, approval or guaranteed outcome. Recalculate whenever your rate, price, income, goal date or business cost changes.

Frequently asked questions

Employee and employer typically contribute 12% each of basic plus DA. Employee share goes fully to EPF. Part of employer share may go to EPS depending on salary ceiling rules.
EPFO declares annual interest on member balances. Enter the latest rate for projection. Interest is credited yearly to your passbook after audit.
Partial withdrawal is allowed for specific needs like home purchase, medical or unemployment per EPFO rules. Full withdrawal is possible after two months unemployed or at retirement.
Employee contributions with interest are generally tax-free on withdrawal after 5 years of continuous service if contributions were from taxable salary. New tax regime and recent rule changes may affect some cases; check with HR or CA.
EPS contribution applies on salary up to a statutory ceiling revised by government. Amounts above may still go to EPF from employer share per current rules.
Add voluntary PF to employee contribution in your inputs if you make extra deposits. Employer match usually does not apply on VPF beyond normal salary base.
This estimates growth on assumed salary hikes and interest. EPFO credits actual interest annually. Use for planning, not as official passbook.
Yes. No login required. Adjust salary and years to see projected corpus.