EPF Calculator
Calculate your Employee Provident Fund maturity amount at retirement
About EPF (Employee Provident Fund)
- Employee contribution: 12% of basic salary + DA deducted from salary
- Employer contribution: 12% of basic salary + DA (3.67% goes to EPF, 8.33% goes to EPS)
- Current EPF interest rate: 8.25% p.a. for FY 2024-25
- Interest is calculated on the running balance at the end of each month
- Tax benefits: Contributions qualify for Section 80C deduction (up to ₹1.5 lakh)
- Withdrawal rules: Partial withdrawal allowed for home, medical, education; full withdrawal at retirement
- EPF is mandatory for establishments with 20+ employees and basic salary up to ₹15,000
About EPF Calculator
The EPF (Employee Provident Fund) Calculator computes your EPF maturity amount based on monthly contributions, current interest rate of 8.25% (FY 2026-27), and years of service. Both employee (12% of basic) and employer (12% of basic, split between EPF 3.67% and EPS 8.33%) contributions are calculated, along with the accumulated interest over the years. The calculator provides a year-wise breakdown showing opening balance, contributions, interest earned, and closing balance.
EPF is one of India's most popular retirement savings schemes, mandatory for establishments with 20+ employees and basic salary up to ₹15,000. The interest rate is declared annually by the government — 8.25% for FY 2026-27. EPF enjoys EEE (Exempt-Exempt-Exempt) tax status — contributions qualify under Section 80C, interest earned is tax-free, and maturity amount is exempt if withdrawn after 5 years of continuous service. Our calculator helps you plan your retirement corpus effectively.
Key Features
- EPF maturity calculation with 8.25% interest rate
- Employee and employer contribution split (EPF + EPS)
- Year-wise balance and interest computation
- Partial withdrawal and advance calculation
- Tax implication on early withdrawal
Frequently Asked Questions
What is the current EPF interest rate for FY 2026-27?
The EPF interest rate for FY 2026-27 is 8.25% per annum, as declared by the Employees' Provident Fund Organisation (EPFO). This rate is applicable on the running balance in the EPF account at the beginning of the month. Interest is calculated monthly on the opening balance and credited annually at the end of the financial year.
How is EPF contribution split between employee and employer?
The employee contributes 12% of basic salary + DA to EPF. The employer also contributes 12%, but it is split: 8.33% goes to EPS (Employee Pension Scheme) and 3.67% goes to EPF. For employees with basic above ₹15,000, the EPS contribution is limited to 8.33% of ₹15,000 (₹1,250), and the excess goes to EPF.
Is EPF withdrawal taxable?
EPF withdrawal is tax-free if you have completed 5 years of continuous service. If withdrawn before 5 years, the entire amount (employer contribution + interest) is taxable as salary income, and the employee contribution + interest is taxable under "Income from Other Sources." TDS at 10% is deducted on withdrawals exceeding ₹50,000 before 5 years (₹30,000 earlier). No TDS if PAN is provided and Form 15G/15H is submitted.
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