retirement
EPF Calculator (India)
Calculate your Employee Provident Fund corpus and retirement benefits.
Understanding EPF (Employee Provident Fund)
🇮🇳 What is EPF?
EPF is a mandatory retirement savings scheme for salaried employees in India managed by EPFO. It offers guaranteed, tax-free returns.
💼 Contribution Structure
- Employee: 12% of Basic + DA
- Employer to EPF: 3.67% of Basic + DA
- Employer to EPS: 8.33% (max ₹1,250/mo)
- Total: 24% of Basic + DA goes to retirement
📈 Interest Rate History
- FY 2024-25: 8.25%
- FY 2023-24: 8.25%
- FY 2022-23: 8.15%
- FY 2021-22: 8.10%
⚠️ Withdrawal Rules
- Full withdrawal allowed at age 58
- 75% can be withdrawn after 1 month unemployment
- Partial withdrawal for specific purposes (home, medical, education)
- Taxable if withdrawn before 5 years of service
EPF Contribution Breakdown
Note: EPS (Employee Pension Scheme) provides pension after retirement, separate from EPF lump sum.