EPF calculator
Project your provident fund with EPFO's actual annual credit method.
Quick answer
An EPF calculator estimates your provident fund balance from employee contributions, the employer share that reaches EPF, salary hikes and annual interest. Under the 2026 Scheme, EPFO credits interest yearly from monthly running balances; the quoted annual rate is not compounded every month.
EPF corpus at retirement
12% from you + about 3.67% from your employer's EPF share for 30 years.
- You + employer put in
- ₹31,23,290
- EPFO interest adds
- ₹65,79,409
- Full projected value
- ₹97,02,699
Uses 8.25% as an annual rate on monthly running balances — not monthly compounding. Verdict: transfer EPF between jobs; don't cash it out.
Rates & rules checked on 26 July 2026 · based on FY 2025-26 (AY 2026-27).
What this tells you
EPF is your salary-linked retirement pot: you normally contribute 12% of PF wages and your employer contributes too. Most of the employer share goes to EPS; about 3.67% reaches EPF under the standard split.
Use the PF wage shown on your payslip, not blindly your full basic. Contributions can be capped at the statutory wage ceiling unless you and your employer contribute on higher wages.
How it's calculated
Paragraph 42 of the Employees' Provident Funds Scheme, 2026 does not compound the quoted rate every month. EPFO applies the annual rate to monthly running balances, gives each new contribution interest from the first day of the next month, and credits the year's interest at year-end. We model that exact timing and grow your PF wage by the hike you choose.
Common questions
- Should I withdraw EPF when I switch jobs?
- Almost never. Transfer it instead. Withdrawing breaks the compounding and can be taxable if done before 5 years of continuous service.
- What is VPF?
- Voluntary Provident Fund lets you contribute more than 12% at the same tax-free EPF rate — a strong, safe option if you've maxed other avenues.
- Does EPF interest compound monthly?
- No. The declared rate is annual. EPFO calculates interest from monthly running balances and credits the total at financial year-end, so treating 8.25% as a monthly-compounded nominal rate overstates long-term corpus.
Jargon, explained
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Sources
For general education, not personalised financial advice. Verify current rates and rules before acting — tax laws and interest rates change.