EPF Calculator

The Employees' Provident Fund (EPF) is India's mandatory retirement savings scheme for salaried employees at eligible organisations, run by the EPFO. Both you and your employer contribute a fixed percentage of your Basic salary plus Dearness Allowance every month, and the accumulated balance earns interest at a rate the EPFO announces each year.

Enter your current Basic+DA, your current age and the age you plan to retire or leave the job, along with the EPF interest rate. Since salaries typically rise over a career, you can also enter an expected annual increment so the projection increases your monthly contribution each year rather than assuming a flat salary throughout.

Each month, your contribution (employee % + employer % of Basic+DA) is added to your balance, which then earns interest at the EPFO-notified rate. EPFO computes interest using a simple monthly rate (annual rate ÷ 12) accrued on the running balance and credited annually — not the geometrically-compounded monthly rate used for market-linked investments like SIPs.

This calculator also lets you model an expected annual salary increase, since most people's Basic+DA rises over their career, increasing the contribution amount each year.