Provident fund corpus at retirement. The EPF Calculator takes current monthly basic + da, current age, retirement age, epf interest rate, employee contribution, employer share to epf (3.67%; 8.33% goes to pension), expected yearly salary growth and returns epf corpus at retirement plus years of contribution, current monthly contribution to epf. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Government-backed schemes publish their interest rates quarterly and market-linked funds do not guarantee returns. Enter the current rate for the scheme and treat market-return assumptions as scenarios rather than promises. Use the worked example below to check the maths against your own figures.
How the EPF Calculator works
Both you and your employer contribute 12% of basic plus DA, but 8.33% of the employer's share goes to the pension scheme (EPS), so 15.67% reaches the EPF account. Interest is credited yearly at the rate set by the EPFO.
Worked example
With the example values (current monthly basic + da of ₹30,000, current age of 30, retirement age of 58, epf interest rate of 8.25%, employee contribution of 12%, employer share to epf (3.67%; 8.33% goes to pension) of 3.67%, expected yearly salary growth of 5%), the epf corpus at retirement is ₹10,041,674.79; years of contribution 28, current monthly contribution to epf ₹4,701.00. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
Assumptions and limits: Simplified: contributions on full basic (many employers cap at ₹15,000), monthly compounding approximation, no withdrawals.
Related Calculators
Frequently Asked Questions
How is epf corpus at retirement calculated?
balance grows month by month: (balance + contributions) × (1 + rate ÷ 12), with the salary rising each year.
Which figures do I need?
Current monthly basic + da, current age, retirement age, epf interest rate, employee contribution, employer share to epf (3.67%; 8.33% goes to pension), expected yearly salary growth. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Is the interest rate fixed?
Small-savings rates are reviewed by the government every quarter and bank rates change with policy; market-linked schemes have no fixed rate at all. Enter the current rate for your scheme and revisit the result when rates change.
What assumptions does this calculator make?
Simplified: contributions on full basic (many employers cap at ₹15,000), monthly compounding approximation, no withdrawals.
