Free EPF Calculator - Employee Provident Fund Calculator | Unit Converters
Monthly Contribution
₹12,000
Total Contributions
₹48,52,000
Total Interest
₹1,99,40,852
Maturity Amount
₹2,47,92,852
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How Our EPF Calculator Works
Enter Your Details
Basic salary, current age, retirement age, and current EPF balance
Calculate EPF Returns
Get maturity amount, contributions, and interest earnings
Common EPF Calculation Examples
| Basic Salary | Monthly Contribution | Years to Retirement | Maturity Amount |
|---|---|---|---|
| ₹30,000 | ₹7,200 | 30 years | ₹35,50,000 |
| ₹50,000 | ₹12,000 | 25 years | ₹45,75,000 |
| ₹75,000 | ₹18,000 | 20 years | ₹55,25,000 |
| ₹1,00,000 | ₹24,000 | 15 years | ₹65,50,000 |
*Calculations based on 8.5% annual interest rate and 24% total contribution (12% employee + 12% employer)
Frequently Asked Questions About EPF Calculator
What is EPF and how does it work?
EPF (Employee Provident Fund) is a retirement savings scheme where both employee and employer contribute 12% of basic salary each month. The total contribution is 24% of your basic salary.
What is the current EPF interest rate?
The current EPF interest rate is 8.5% per annum for 2024. This rate is declared annually by the EPFO and may change each year based on market conditions.
When can I withdraw my EPF money?
You can withdraw EPF after retirement at 58, or partially for specific purposes like home purchase, medical emergency, education, or unemployment for more than 2 months.
How accurate is this EPF calculator?
Our EPF calculator provides accurate estimates based on current interest rates and contribution rules. However, actual returns may vary due to changes in interest rates and government policies.
Is EPF contribution mandatory?
Yes, EPF contribution is mandatory for all employees earning up to ₹15,000 per month. For salaries above ₹15,000, it is optional but highly recommended for retirement planning.
Can I transfer my EPF account?
Yes, you can transfer your EPF account when changing jobs. This ensures continuity of your provident fund contributions and maintains your service record.
About Our EPF Calculator
Our free online EPF calculator helps you plan your retirement by calculating your Employee Provident Fund maturity amount. This provident fund calculator uses the current EPF interest rate to give you accurate estimates of your retirement corpus.
The EPF calculator considers your basic salary, current age, retirement age, and existing EPF balance to calculate:
- Monthly EPF contribution (12% employee + 12% employer)
- Total contributions over your working years
- Interest earnings on your EPF balance
- Final maturity amount at retirement
This EPF maturity calculator is perfect for retirement planning and helps you understand how your provident fund grows over time. Use this employee PF calculator to make informed decisions about your financial future.
Our EPF interest calculator is updated with the latest interest rates and follows EPFO guidelines to ensure accurate calculations. Start using this EPF balance calculator today to plan your secure retirement.