How to use the EPF Calculator (PF Maturity & Retirement Balance)
- Enter your monthly basic salary plus DA.
- Enter your age, retirement age and current PF balance.
- Adjust the yearly increment and interest rate if needed.
- See your expected PF corpus and the interest earned.
How EPF contributions work
- You contribute 12% of basic + DA to EPF.
- Your employer also contributes 12%, but 8.33% (up to ₹1,250 a month) goes to the Employees' Pension Scheme (EPS). The rest, 3.67% or more, goes to your EPF.
- Interest is calculated monthly on the running balance and credited once a year.
- EPF interest has been 8.25% recently. EPFO announces the rate every year.
Is EPF tax-free?
EPF is in the EEE category: your contribution qualifies for 80C (old regime), the interest is tax-free, and the maturity amount is tax-free after 5 years of continuous service. Interest on your own contribution above ₹2.5 lakh a year is taxable.
Frequently asked questions
What is the current EPF interest rate?
EPFO declared 8.25% for recent years. You can change the rate in the calculator when a new rate is announced.
Why is my employer's PF contribution less than mine in my passbook?
Because 8.33% of the employer's 12% (maximum ₹1,250 a month) goes to the pension scheme (EPS) and does not show in the EPF balance.
Can I withdraw PF before retirement?
Yes, partially for reasons such as medical treatment, marriage, education, buying a house, or after two months of unemployment.
These tools give estimates for general guidance and are not financial or tax advice. Rates and rules can change; check official sources before making decisions.