Free EPF Calculator – Estimate Your Employee Provident Fund Returns
Our EPF Calculator helps you calculate your retirement corpus, yearly contributions, and total interest earned under the Employee Provident Fund (EPF) scheme. Whether you are planning long-term savings, retirement security, or wealth accumulation, this free tool provides accurate projections in seconds.
Just enter your monthly or annual salary, current age, EPF contribution percentage, and the latest EPF interest rate to see how your corpus grows over time. The calculator also shows a year-by-year breakdown of employee contribution, employer contribution, and interest earned.
Key Benefits of Using an EPF Calculator
- Plan Retirement Savings: Estimate the total corpus you will accumulate by retirement age.
- Understand Contributions: See the split between employee and employer contributions, including EPS allocation.
- Track Growth: View yearly progress of principal + interest with monthly compounding.
- Flexible Inputs: Compare results for different salaries, contribution rates, and expected annual increases.
- Retirement Planning: Make informed decisions about long-term financial security.
How the EPF Calculator Works
The EPF maturity calculator uses compound interest (credited monthly) and accounts for:
- Employee Contribution: 12% of Basic + Dearness Allowance (DA).
- Employer Contribution: 12% of Basic + DA, with 8.33% to EPS (pension) and 3.67% to EPF.
- EPF Interest Rate: As declared by the government for the financial year.
- Salary Increments: Annual salary increase is considered for accurate projections.
Using these inputs, the tool calculates your total employee contribution, employer contribution, interest earned, and retirement corpus with full accuracy.
Why Use Our Online EPF Calculator?
- Accurate Returns: Based on the latest EPF interest rate and realistic contribution rules.
- Yearly Growth Chart: Track monthly and yearly corpus growth.
- Investment Comparison: Check outcomes for different salaries, contribution percentages, and retirement ages.
- Easy & Free: 100% free tool – no signup required.
Tips to Maximize Your EPF Corpus
- Start Early: Begin contributions as soon as possible to leverage compounding.
- Contribute Consistently: Regular contributions ensure maximum corpus growth.
- Track Salary Increases: Update your salary in the calculator to reflect realistic growth.
- Monitor Interest Rate: Keep an eye on EPF interest announcements to estimate accurate returns.
FAQs About EPF Calculator
1. What is the employee contribution to EPF?
Typically, 12% of your Basic + DA goes into the EPF account.
2. How is the employer contribution split?
Out of 12% of Basic + DA, 8.33% goes to EPS (pension) and the remaining 3.67% goes to EPF.
3. Is EPF interest compounded monthly?
Yes, interest is calculated monthly and credited annually.
4. Can I estimate retirement corpus accurately?
Yes, the calculator accounts for salary growth, monthly contributions, and interest compounding.
5. Is EPF applicable for all salaried employees?
Employees earning up to ₹15,000/month in basic salary are mandatorily covered under EPF. Voluntary contributions can be made beyond that limit.
Tip: Bookmark this free EPF Calculator to quickly plan your retirement and track your corpus growth anytime.