EPF Contribution Calculator
See your employee EPF, employer EPF & EPS split, admin & EDLI charges and annual PF accumulation — then project your EPF corpus at retirement and a VPF top-up, live as you type.
- Free — no sign-up
- Instant, on-screen results
- Built by our CA · CS team
- Rules cited on the page
Enter your figures — the result on the right updates as you type.
Contribution breakdown
| Component | Rate / base | Monthly | Annual |
|---|
Project your EPF corpus at retirement
The split above is one month. Carry it forward to retirement — with annual salary hikes and interest compounding at the EPFO rate — or model an extra Voluntary PF contribution.
EPF corpus breakdown
VPF breakdown
EPF interest is taken at 8.25% p.a. (EPFO rate for FY 2023-24 and FY 2024-25), notified every year. EPS pension is separate and not part of this corpus. Interest on employee contributions above ₹2.5 lakh a year (₹5 lakh where the employer does not contribute) is taxable.
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Disclaimer: Indicative estimate per current EPFO contribution rules. Actual figures may vary with wage ceilings, VPF, LWF and employer-specific structures. Interest declared by EPFO annually.
How the employer's 12% splits into EPF and EPS
You contribute a flat 12% of Basic+DA and it all goes into your EPF account. Your employer also contributes 12% — but this is split: 8.33% is diverted to the EPS pension fund, calculated on a wage capped at ₹15,000/month, and the balance goes to your EPF. So on a high salary, the employer's EPF share is larger than 3.67% because the EPS portion is frozen at ₹1,250/month.
Where every contribution goes
Two 12% contributions flow into three buckets — your EPF (earns interest), the EPS pension fund (no interest, capped), and statutory employer-only charges (admin & EDLI insurance).
| To EPF account | 12.00% |
| To EPS (pension) | Nil |
| Earns interest | Yes (~8.25%) |
| To EPS (8.33%, capped ₹15k) | up to ₹1,250 |
| To EPF (balance) | 3.67%+ |
| Admin charges (extra) | 0.50% |
| EDLI insurance (extra, capped ₹15k) | 0.50% |
Key terms explained
EPF interest
The EPF balance earns an interest rate declared by EPFO each year — currently around 8.25% p.a., compounded annually. The EPS (pension) portion does not earn interest; it funds a monthly pension after retirement.
Section 80C benefit
Your own EPF contribution qualifies for a deduction under Section 80C (up to ₹1.5 lakh) in the old tax regime. Interest and maturity are tax-free if you complete 5 years of continuous service.
Admin charges & EDLI
Over and above 12%, the employer pays 0.50% admin charges and 0.50% EDLI (a free life-insurance cover on the EPF wage, capped at ₹15,000). These are employer costs, not deducted from your salary.
₹15,000 wage ceiling
EPS and EDLI are statutorily computed on Basic+DA capped at ₹15,000/month. Above that wage, EPS stays fixed at ₹1,250 and the extra employer money flows into your EPF instead.
How the EPF Calculator works
4 steps, start to finish — the same order the tool follows.
- 01Enter your monthly basic salary and DA (DA is usually 0 for private jobs).
- 02Select your age band, since employees 58 or above have no EPS split.
- 03Pick the employer PF rate of 12 percent standard or 10 percent for small or sick units.
- 04Calculate to see employee EPF, employer EPF, EPS, admin and EDLI charges, and annual accumulation.
Questions people ask
Short answers on EPF Calculator. Tap a question to open it.
01How is the employer contribution split?
Of the employer 12 percent, 8.33 percent of Basic+DA (capped at ₹15,000 wage) goes to the EPS pension fund and the balance goes to the EPF account.
02What is the EPF contribution rate for employees and employers?
Both employee and employer contribute 12% of the employee's basic salary plus dearness allowance to EPF. The employer's 12% is split: 8.33% goes to EPS (Employee Pension Scheme) capped at Rs 15,000 basic, and 3.67% goes to the EPF account.
03What interest does EPF earn?
EPF earns around 8.25 percent per year for FY 2024-25, compounded annually and credited by EPFO. EPS pension contribution does not earn interest.
04What is the current EPF interest rate?
The EPFO declared an interest rate of 8.25% per annum for FY 2023-24. The rate for FY 2024-25 has been proposed at 8.25% as well, subject to Ministry of Finance approval. Interest is credited to the EPF account at the end of each financial year.
05Is EPF contribution tax deductible?
Yes, the employee EPF contribution qualifies for deduction under Section 80C up to ₹1.5 lakh, but only under the Old Tax Regime.
06Is EPF withdrawal taxable?
EPF withdrawal is tax-free if the employee has completed 5 years of continuous service. Withdrawal before 5 years is taxable as salary income. TDS at 10% (without PAN: 34.608%) is deducted if the withdrawal amount exceeds Rs 50,000 before 5 years.
07Does this include Voluntary PF (VPF)?
No. This calculator covers only the statutory 12 percent employee share and the employer split. Any extra VPF you contribute is not included.
08Can EPF contributions be voluntarily increased?
Yes. An employee can voluntarily contribute more than 12% through the Voluntary Provident Fund (VPF). VPF contributions earn the same interest rate as EPF and are eligible for Section 80C deduction. However, VPF contributions are not matched by the employer.
09When can an employee withdraw EPF partially?
Partial EPF withdrawal is allowed for specific purposes including medical treatment (up to 6 months' basic salary), housing loan repayment (up to 90% after 5 years), marriage (50% after 7 years), and education (50% after 7 years). Different conditions and limits apply to each purpose.
10How is the EPF corpus calculated at retirement?
The EPF corpus grows through monthly contributions (12% of basic from employee + 3.67% from employer) compounded at the declared interest rate (8.25% for FY 2023-24). The formula accounts for incremental contributions each year, making it significantly larger than a simple FD due to regular additions and compounding.
11Can I withdraw the full EPF balance before retirement?
You can make a full EPF withdrawal only on retirement (age 58), or if unemployed for more than 2 months, or for specific reasons like permanent migration abroad. Partial withdrawals are allowed for housing, medical treatment, marriage, and education after specified service periods.
12Is it advisable to withdraw EPF when changing jobs?
Financial planners generally advise against EPF withdrawal on job change. Transferring the EPF to the new employer using the UAN (Universal Account Number) is better. Early withdrawal before 5 years is taxable, and interrupting compounding significantly reduces the final retirement corpus.
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Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.