Free EPF calculator
Enter your age, your monthly basic + DA, your yearly raise and the EPF rate — and get your EPF balance at retirement, your contributions, the employer's share, the EPS pension share and the interest earned, year by year.
An estimate for planning — not financial, tax or legal advice. This tool is an estimate for planning: EPFO declares the interest rate every year, so no single rate holds for 28 years, and the wage ceiling can change again. It is not financial, tax or legal advice. Check the rules table below before you rely on it.
Example figures are filled in. Replace them with your own numbers.
₹30,000 basic + DA, 7% yearly raises, 8.25% interest, age 30 to 58: your EPF balance at retirement is ₹1,58,54,492 — ₹95,82,092 of interest on ₹62,72,400 invested.
You pay ₹34,86,144 · your employer adds ₹27,86,256 to EPF · ₹6,99,888 goes to EPS pension (not in this balance).
₹25,000 wage ceiling · 12% + 12% contributions · interest credited once a year on 31 March.
The figure is an estimate at the steady rate you enter. EPFO declares a new rate every year, and the wage ceiling can change again — and interest on your own contributions above ₹2.5 lakh a year is taxable.
Select Calculate to keep up to five checks while this page is open.
Year by year
The balance grows year by year — the interest column overtakes the deposits column as the years pass.
| Age | Opening balance | You pay | Employer EPF | EPS | Interest | Closing balance |
|---|---|---|---|---|---|---|
| Age 31 | ₹0 | ₹43,200 | ₹18,204 | ₹24,996 | ₹2,744 | ₹64,148 |
| Age 32 | ₹64,148 | ₹46,224 | ₹21,228 | ₹24,996 | ₹8,306 | ₹1,39,906 |
| Age 33 | ₹1,39,906 | ₹49,464 | ₹24,468 | ₹24,996 | ₹14,846 | ₹2,28,684 |
| Age 34 | ₹2,28,684 | ₹52,920 | ₹27,924 | ₹24,996 | ₹22,479 | ₹3,32,007 |
| Age 35 | ₹3,32,007 | ₹56,628 | ₹31,632 | ₹24,996 | ₹31,335 | ₹4,51,602 |
| Age 36 | ₹4,51,602 | ₹60,588 | ₹35,592 | ₹24,996 | ₹41,555 | ₹5,89,337 |
| Age 37 | ₹5,89,337 | ₹64,836 | ₹39,840 | ₹24,996 | ₹53,298 | ₹7,47,311 |
| Age 38 | ₹7,47,311 | ₹69,372 | ₹44,376 | ₹24,996 | ₹66,736 | ₹9,27,795 |
| Age 39 | ₹9,27,795 | ₹74,220 | ₹49,224 | ₹24,996 | ₹82,059 | ₹11,33,298 |
| Age 40 | ₹11,33,298 | ₹79,416 | ₹54,420 | ₹24,996 | ₹99,478 | ₹13,66,612 |
| Age 41 | ₹13,66,612 | ₹84,984 | ₹59,988 | ₹24,996 | ₹1,19,224 | ₹16,30,808 |
| Age 42 | ₹16,30,808 | ₹90,924 | ₹65,928 | ₹24,996 | ₹1,41,551 | ₹19,29,211 |
| Age 43 | ₹19,29,211 | ₹97,296 | ₹72,300 | ₹24,996 | ₹1,66,739 | ₹22,65,546 |
| Age 44 | ₹22,65,546 | ₹1,04,100 | ₹79,104 | ₹24,996 | ₹1,95,094 | ₹26,43,844 |
| Age 45 | ₹26,43,844 | ₹1,11,396 | ₹86,400 | ₹24,996 | ₹2,26,956 | ₹30,68,596 |
| Age 46 | ₹30,68,596 | ₹1,19,196 | ₹94,200 | ₹24,996 | ₹2,62,695 | ₹35,44,687 |
| Age 47 | ₹35,44,687 | ₹1,27,536 | ₹1,02,540 | ₹24,996 | ₹3,02,718 | ₹40,77,481 |
| Age 48 | ₹40,77,481 | ₹1,36,464 | ₹1,11,468 | ₹24,996 | ₹3,47,472 | ₹46,72,885 |
| Age 49 | ₹46,72,885 | ₹1,46,016 | ₹1,21,020 | ₹24,996 | ₹3,97,446 | ₹53,37,367 |
| Age 50 | ₹53,37,367 | ₹1,56,228 | ₹1,31,232 | ₹24,996 | ₹4,53,179 | ₹60,78,006 |
| Age 51 | ₹60,78,006 | ₹1,67,172 | ₹1,42,176 | ₹24,996 | ₹5,15,259 | ₹69,02,613 |
| Age 52 | ₹69,02,613 | ₹1,78,872 | ₹1,53,876 | ₹24,996 | ₹5,84,335 | ₹78,19,696 |
| Age 53 | ₹78,19,696 | ₹1,91,388 | ₹1,66,392 | ₹24,996 | ₹6,61,113 | ₹88,38,589 |
| Age 54 | ₹88,38,589 | ₹2,04,792 | ₹1,79,796 | ₹24,996 | ₹7,46,370 | ₹99,69,547 |
| Age 55 | ₹99,69,547 | ₹2,19,132 | ₹1,94,136 | ₹24,996 | ₹8,40,956 | ₹1,12,23,771 |
| Age 56 | ₹1,12,23,771 | ₹2,34,468 | ₹2,09,472 | ₹24,996 | ₹9,45,800 | ₹1,26,13,511 |
| Age 57 | ₹1,26,13,511 | ₹2,50,872 | ₹2,25,876 | ₹24,996 | ₹10,61,919 | ₹1,41,52,178 |
| Age 58 | ₹1,41,52,178 | ₹2,68,440 | ₹2,43,444 | ₹24,996 | ₹11,90,430 | ₹1,58,54,492 |
Understand the result
Your EPF (Employees' Provident Fund) grows from two deposits every month: 12% of your basic salary plus DA from you, and 12% from your employer. Part of the employer's 12% goes to the pension scheme (EPS) and the rest reaches your EPF. On a ₹30,000 basic salary that rises 7% a year, you would have about ₹1.59 crore at age 58, assuming 8.25% interest every year. This calculator works out that balance from your own figures, shows where each rupee goes, and lists the growth year by year.
Every month you pay 12% of basic + DA and your employer pays 12% too. On a ₹30,000 basic that is ₹3,600 each — ₹7,200 a month before the pension split — and the employer's share is what makes EPF beat a plain savings account.
Of the employer's 12%, 8.33% of wages up to the ₹25,000 ceiling goes to the pension scheme — at most ₹2,083 a month. It pays a monthly pension after retirement, so it never appears in your EPF balance. On the ₹30,000 example it totals ₹6,99,888 over 28 years.
The same person with no raises at all retires with ₹63,79,104. With 7% raises every year the balance is ₹1,58,54,492 — because every higher deposit also earns interest for the years that remain.
How it works
Enter your age and basic salary first — the other figures are already filled in with the usual example — then read the balance and the growth table.
Your age now (18 to 58) and the age you plan to retire at (50 to 60) — 58 is the usual EPF age, and the example uses 30 to 58.
From your payslip — from ₹1,000 to ₹10,00,000 a month. Basic + DA is the figure EPF is worked out on, not your gross salary.
Your expected yearly raise (0% to 20%), the EPF interest rate (8.25% for FY 2025-26) and the wage ceiling — ₹25,000 from 17 September 2026, or ₹15,000 if your employer still applies the old one.
The answer appears as you type — your EPF balance at retirement, your contributions, the employer's EPF share, the EPS pension share and the interest earned, with a table of how the balance builds each year.
The calculation, explained
Every month you pay 12% of basic + DA and your employer pays 12% too. The employer's share is split: 8.33% of wages up to the wage ceiling goes to the pension scheme (EPS) and the rest reaches your EPF. Interest for the month is the balance after that month's deposits times the yearly rate divided by 1200. EPFO works interest out monthly on the running balance but adds it to your account only once a year, on 31 March, so there is no compounding inside a year. Your salary rises once a year, at the start of each year.
Worked examples
One example for each everyday case, including one with no raises, one with an existing balance and one under the old wage ceiling. Select any example to load it into the calculator and check the working for yourself.
₹30,000 basic + DA, 7% raises every year, 8.25% interest. You pay ₹34,86,144 and your employer adds ₹27,86,256 to your EPF; interest adds ₹95,82,092. Another ₹6,99,888 goes to your EPS pension — it is not part of this balance.
₹30,000 basic · age 30 to 58 → balance ₹1,58,54,492
The same ₹30,000 basic for 28 years with no raises at all. You retire with ₹63,79,104 — the 7% yearly raises add ₹94,75,388, because every higher deposit also earns interest for the years that remain.
₹30,000 basic · age 30 to 58 → balance ₹63,79,104
The same person with ₹5,00,000 already in EPF today. The balance becomes ₹2,04,56,551 — ₹46,02,059 more — because the existing balance earns interest for all 28 years.
₹30,000 basic · age 30 to 58 → balance ₹2,04,56,551
The same person, but with the employer's pension share capped at the old ₹15,000 ceiling. More of each month's employer money reaches EPF, so the balance is ₹10,38,476 higher — the pension is smaller instead.
₹30,000 basic · age 30 to 58 → balance ₹1,68,92,968
₹60,000 basic + DA from age 35, 8% raises a year, 8.25% interest to 58. You pay ₹52,61,196 and your employer adds ₹46,86,288 to your EPF; interest adds ₹1,15,65,899. Another ₹5,74,908 goes to EPS.
₹60,000 basic · age 35 to 58 → balance ₹2,15,13,383
EPF rules at a glance
The contribution rates, the EPS pension split, the wage ceiling, the interest rate and how it is credited, the retirement age, the tax limit and VPF. Every rule here comes from EPFO or the Government of India — never from a blog or a competitor.
| Figure | Rule | What it means |
|---|---|---|
| 12% + 12% contributions | The rule | You pay 12% of basic + DA; your employer pays 12% too. Both are worked out on basic + DA, not on your gross salary. |
| EPS: 8.33% up to the ceiling | The pension split | Of the employer's 12%, 8.33% of wages up to the wage ceiling goes to the pension scheme (EPS) — at most ₹2,083 a month. The rest reaches your EPF. |
| Wage ceiling ₹25,000 | From 17 September 2026 | The Cabinet raised the ceiling from ₹15,000 to ₹25,000 (S.O. 5109(E), 17 Sep 2026). Under the old ceiling the pension share was at most ₹1,250 a month. |
| Interest 8.25% a year | FY 2025-26 | EPFO's Central Board recommended 8.25% on 2 March 2026; the rate was ratified and credited by July 2026. EPFO declares a new rate every year, so a 28-year projection is an estimate. |
| Interest credited once a year | No compounding inside a year | Interest is worked out monthly on the running balance but added on 31 March, so it starts earning its own interest only from the next financial year. |
| Retirement age 58 | When you can claim it all | You can claim the full balance when you retire at 58. Early withdrawals are allowed only for specific reasons, and they cut the interest you earn. |
| Tax: ₹2.5 lakh a year | The tax-free limit | Interest is tax-free on your own contributions up to ₹2.5 lakh a year; interest on contributions above that is taxable. |
| VPF: pay more than 12% | Voluntary top-up | You can pay above 12% of basic + DA into the same account at the same interest rate. Your employer does not match the extra. |
The rules are fixed — the contribution split, the ceiling and the once-a-year interest credit decide everything. The only judgement calls are the raise and the rate you assume, and this page states both plainly: 7% raises and 8.25% are the example, not a promise.
Common mistakes
The rules are short, but four readings trip people up. Each one can cost lakhs.
EPF is based on basic + DA only, and basic is often 40–50% of the total. Entering your gross salary overstates the balance by roughly double — read the figure from your payslip.
Up to 8.33% of the wage ceiling goes to the pension scheme, which pays a monthly pension later, not a lump sum into your EPF. On a ₹30,000 basic that is ₹2,083 a month — ₹6,99,888 over 28 years — that must stay out of the balance.
EPFO announces the rate every year, and it has moved in the past — it was 8.10% in 2021-22 and 8.15% in 2022-23. Try a lower rate such as 7.5% to see a safer estimate.
Interest is tax-free on your own contributions up to ₹2.5 lakh a year. If you pay more than that — through VPF or a very high basic — the interest on the extra amount is taxable. At a 12% contribution you cross ₹2.5 lakh only if your basic + DA is above about ₹1,73,611 a month.
Your questions, answered
EPFO has notified 8.25% a year for FY 2025-26. The Central Board of Trustees recommended it on 2 March 2026 and the Government ratified it in June 2026; it was credited to members' accounts by July 2026. EPFO announces each year's rate near the end of that financial year, so this calculator uses the latest notified rate as an assumption. You can type any other rate to test it.
Interest is worked out every month on your running balance at one-twelfth of the yearly rate. The 12 months of interest are added to your account together on 31 March. It starts earning its own interest only from the next financial year, so there is no compounding inside a year.
The Cabinet raised the wage ceiling for mandatory EPF coverage from ₹15,000 to ₹25,000 a month from 17 September 2026 (Gazette notification S.O. 5109(E)). More employees must now join EPF, and the pension (EPS) share, which is 8.33% of wages up to the ceiling, can now be up to ₹2,083 a month instead of ₹1,250. Your employer's total 12% does not change, but a bigger part of it can go to pension if your employer applies the new ceiling. That is why this calculator lets you choose the ceiling.
EPS is the Employees' Pension Scheme. Of your employer's 12%, 8.33% of wages up to the wage ceiling goes to EPS — at most ₹2,083 a month under the ₹25,000 ceiling. It pays you a monthly pension after retirement instead of a lump sum, so it is shown separately and never added to your EPF balance. On the ₹30,000 example it totals ₹6,99,888 over 28 years.
VPF (Voluntary Provident Fund) lets you pay more than 12% of your basic + DA into the same EPF account, and it earns the same interest. Your employer does not add anything extra for it. Set your contribution above 12% above to see the effect — at 20% on the ₹30,000 example, the balance rises to ₹2,20,04,815. Just remember the tax rule: the interest on your own contributions above ₹2.5 lakh a year is taxable.
You can claim the full balance when you retire at 58. EPFO has changed its rules for withdrawals and advances before retirement in recent years — the EPF Scheme, 2026, in force from 29 June 2026, merged 13 partial-withdrawal types into one framework — so check the current rules on the EPFO website before you plan one. Taking money out early also reduces the interest you earn.
Interest is tax-free on your own contributions up to ₹2.5 lakh a year. It is taxable on contributions above that. If your employer does not contribute at all, the limit is ₹5 lakh. At a 12% contribution you cross ₹2.5 lakh only if your basic + DA is above about ₹1,73,611 a month. Use the income-tax calculator to see the tax.
You do not have to choose. EPF is tied to your job, comes with an employer contribution and has a rate set by EPFO. PPF is open to anyone, you deposit on your own, and the rate is set by the government every quarter — 7.1% for October–December 2026. See the PPF calculator to compare. Both are tax-free within limits, and neither rate is guaranteed for the future.
No. Every calculation runs entirely on this page — nothing is sent to a server, nothing is stored, and reloading the page clears your recent checks.
This page uses EPFO's own method: every month you pay 12% of basic + DA and your employer pays 12% too; of the employer's share, 8.33% of wages up to the wage ceiling goes to the pension scheme (EPS) and the rest reaches your EPF. Interest for the month is the balance after that month's deposits times the yearly rate divided by 1200. EPFO works interest out monthly on the running balance but adds it to your account only once a year, on 31 March, so there is no compounding inside a year. Your salary rises once a year, at the start of each year. Monthly deposits and each year's interest are rounded to the nearest rupee; the year-by-year table rounds each row to the nearest rupee, so each row's interest is its closing balance minus its opening balance minus that year's deposits. The rate and the raise are user-entered and treated as steady assumptions — never as live quotes or forecasts.
Figures checked 12 November 2026: the 8.25% rate for FY 2025-26 was recommended by EPFO's Central Board of Trustees on 2 March 2026, in the PIB press release; the wage ceiling was raised from ₹15,000 to ₹25,000 a month from 17 September 2026 by the Union Cabinet, in the PIB press release (Gazette notification S.O. 5109(E), 17 September 2026); the EPF Scheme, 2026 (G.S.R. 525(E), 29 June 2026) and the Employees' Pension Scheme, 2026 (G.S.R. 527(E)) replaced the 1952 schemes — see EPFO. The worked examples reproduce the ranking EPF calculator's published figures exactly: ₹30,000 basic, 7% raises, 8.25%, age 30 to 58 gives ₹1,58,54,492 (you ₹34,86,144; employer EPF ₹27,86,256; interest ₹95,82,092; EPS ₹6,99,888) on calcsolver.in, and the same page's no-raise figure ₹63,79,104, its ₹5,00,000-balance figure ₹2,04,56,551 and its old ₹15,000-ceiling figure ₹1,68,92,968 all reproduce exactly. For a voluntary top-up at the same rate, use the PPF calculator; for a recurring deposit, the RD calculator; for the tax on your interest, the income-tax calculator. One honest limit: this calculator takes a single steady rate, so it cannot model rates that change year to year — for a safer estimate, try a lower rate too.
Try different numbers — or run the same check with the related tools for your other plans.
