Calculate your Provident Fund corpus, EPS pension, interest & retirement savings
| Year | Basic Salary | Employee PF | Employer PF | EPS | Interest | Balance |
|---|
Our EPF Calculator helps you estimate your retirement corpus based on your monthly basic salary, contribution rates, and expected salary growth. It also calculates your monthly EPS pension.
| Component | Employee | Employer | Total |
|---|---|---|---|
| EPF (Provident Fund) | 12% of Basic | 3.67% of Basic | 15.67% |
| EPS (Pension) | — | 8.33% of Basic (capped at ₹1,250) | 8.33% |
| EDLI (Insurance) | — | 0.50% of Basic | 0.50% |
| Admin Charges | — | 0.50% of Basic | 0.50% |
Monthly Pension = (Pensionable Salary × Pensionable Service) / 70
Pensionable Salary is the average of last 60 months' basic salary (capped at ₹15,000). Minimum pensionable service is 10 years. Maximum pensionable service is 35 years.
What is the current EPF interest rate?
For FY 2025-26, the EPF interest rate is 8.15% p.a. This is decided by the Central Board of Trustees (CBT) of EPFO and notified by the government.
Can I withdraw my EPF before retirement?
Yes, partial withdrawals are allowed for specific purposes like medical emergency, education, marriage, home purchase, or unemployment. Full withdrawal is permitted if unemployed for 2+ months. Tax-free if 5+ years of service.
What is the difference between EPF and EPS?
EPF (Employee Provident Fund) is your retirement savings with full withdrawal option. EPS (Employee Pension Scheme) provides monthly pension after retirement. Employer contributes 8.33% to EPS (capped at ₹1,250/month) and 3.67% to EPF.
How is EPF interest calculated?
EPF interest is calculated monthly on the opening balance and credited annually. The interest rate is declared by the government each financial year. Our calculator compounds interest annually for simplicity.
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