Selvayana: EPF calculatorEducational estimate, not investment advice. Selvayana is not registered with SEBI as an Investment Adviser or Research Analyst. Figures use the assumptions shown and are not predictions.
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Detailed breakdown
EPF calculator: a quick guide
What is EPF?
The Employees’ Provident Fund (EPF) is the retirement savings account most salaried employees in India contribute to through payroll, run by EPFO.
How this calculator works it out
Each month 12% of your basic pay plus DA goes in from you and 12% from your employer. Of the employer’s share, 8.33% of pay up to ₹25,000 goes to the pension scheme (EPS) instead of EPF. Interest is worked out on each month’s opening balance and credited once a year, and your pay rises by your chosen yearly increase.
An example
At 28, with basic pay of ₹40,000 a month rising 7% a year, ₹3 lakh already in EPF and an 8.25% interest rate, the balance at 58 could be about ₹3.05 crore. Interest makes up about ₹2 crore of that.
Good to know
The EPF interest rate is declared every year, so long-term figures will move with it.
The EPS pension is separate from your EPF balance and is not included here.
Your passbook on the EPFO website shows your actual balance to start from.
How it's calculated
Every month 12% of your basic pay goes to EPF from you, and 12% from your employer, of which 8.33% of pay up to ₹25,000 goes to the pension scheme instead (the ceiling was ₹15,000 before 17 September 2026). Interest is worked out on each month's opening balance and credited once a year, as EPFO does.
Common questions
Is EPF interest taxable?
Interest on your own contributions above ₹2.5 lakh a year (₹5 lakh if your employer doesn't contribute) is taxable. Most salaried people stay below this.
Can I contribute more than 12%?
Yes, through the Voluntary Provident Fund. It earns the same rate, but your employer's share doesn't increase.
For awareness only. Not investment advice or a recommendation to buy, sell or hold any security or product. All figures are estimates based on the inputs and assumptions shown; actual results will differ and may be much lower. No return is guaranteed. Investments in securities market are subject to market risks. Read all related documents carefully before investing. Consult a SEBI Registered Investment Adviser before acting. Printed from Selvayana on .