EPF Calculator India 2026
Calculate PF maturity amount, year-by-year growth & EPS monthly pension estimate
Your Details
EPF is calculated on Basic + DA. Most private companies have 0 DA.
📋 Monthly Contribution Breakdown
Your Contribution
₹3,600
12% of wages
Employer → EPF
₹1,101
3.67% of wages
Employer → EPS
₹1,250
8.33% (≤₹15K cap)
Total to EPF
₹4,701
per month
EPF Maturity at 58
₹58.41 L
Total Interest
₹42.62 L
EPS Monthly Pension
₹6,000/mo
💰 Maturity Corpus Breakdown
🧓 EPS Pension Estimate
Formula: Monthly Pension = (Pensionable Salary × Pensionable Service) ÷ 70
Pensionable Salary
₹15,000
capped at ₹15,000
Service Years
28 yrs
max 35 yrs
Monthly Pension
₹6,000
estimated
⚠️ Pension calculation is simplified. Actual pension depends on EPFO records and service history.
📈 EPF Balance Growth by Age
🔗 Related Calculators
📤 Share this tool
📖 Learn More About EPF Calculator India 2026
EPF Calculator — Free PF Maturity Calculator India 2026
Calculate your EPF corpus at retirement, monthly pension from EPS, and see how VPF can supercharge your retirement savings. EPF interest rate for FY 2023-24 is 8.25% p.a.
EPF vs NPS — Which is Better for Retirement?
EPF offers guaranteed 8.25% with full tax-free withdrawal. NPS invests in equities (potential 10-12% returns) but 60% is tax-free on maturity; 40% must buy annuity. For salaried employees, EPF is the foundation; NPS is an additional retirement booster.
Tax Benefits on EPF
Employee contributions qualify for 80C deduction (up to ₹1.5L). Interest earned is tax-free. Maturity amount is completely tax-free if you've served continuously for 5+ years. VPF contributions also qualify under 80C.
Frequently Asked Questions
What is EPF?
Employee Provident Fund (EPF) is a mandatory retirement savings scheme for salaried employees. Both employee and employer contribute 12% of Basic+DA each month. The fund earns interest (8.25% for FY24) and is tax-free on maturity.
How is EPF interest calculated?
EPF interest is calculated monthly on the running balance but credited at year-end. For FY 2023-24, the rate is 8.25% p.a. Contributions during a month earn interest from the next month.
What is the difference between EPF and EPS?
Your 12% contribution goes entirely to EPF. Employer's 12% splits: 3.67% to EPF and 8.33% to EPS (Employee Pension Scheme, capped at ₹15,000 wage). EPS provides a monthly pension at retirement.
What is VPF?
Voluntary Provident Fund (VPF) lets you voluntarily contribute more than 12% to your EPF account. It earns the same 8.25% interest, is tax-free, and qualifies for 80C deduction — making it one of the best debt investment options.
Can I withdraw EPF before retirement?
Partial withdrawals are allowed for specific purposes: house purchase (after 5 years), medical emergency, marriage (after 7 years), education. Full withdrawal is possible after 2 months of unemployment.