EPF Calculator
Calculate your Employee Provident Fund corpus at retirement — with year-by-year growth, employer contribution breakdown and tax benefits, live.
EPF corpus breakdown
VPF breakdown
What is the Employee Provident Fund?
The Employee Provident Fund (EPF) is a mandatory retirement savings scheme run by the EPFO. Both you and your employer contribute 12% of your basic salary every month. Your money grows at the EPFO-notified interest rate of 8.25% p.a. (FY 2023-24) and is fully tax-free on withdrawal after 5 years of continuous service (EEE status).
How your EPF corpus is built
Employee contribution
A flat 12% of your basic salary is deducted every month and credited entirely to your EPF account.
Employer split
In the private sector, the employer's 12% is split — 3.67% to EPF and 8.33% to EPS (pension). Exempted PF trusts route the full 12% to EPF.
Compounding at 8.25%
Your balance plus each year's contributions earn 8.25% interest annually, compounding to a large tax-free corpus by retirement.
Salary hikes accelerate it
As your basic salary rises with annual increments, so does the rupee value of your 12% contribution — growing your corpus faster.
EPF vs VPF — going beyond the minimum
Voluntary Provident Fund (VPF) lets you contribute more than the mandatory 12%, earning the same 8.25% rate with no annual deposit limit (unlike PPF's ₹1.5L cap). Contributions up to ₹1.5L qualify for Section 80C deduction, and interest is tax-free (subject to the ₹2.5L annual contribution threshold introduced in Budget 2021).
No upper limit
Unlike PPF, you can invest as much as you like via VPF at the same EPF rate — ideal for high savers.
Payroll deducted
VPF is deducted straight from your salary — a disciplined, automatic way to build wealth.
80C benefit
Contributions up to ₹1.5L/year are deductible under Section 80C in the old tax regime.
Beats PPF returns
Same 8.25% rate but with no ₹1.5L annual cap — a strong debt-allocation choice for salaried investors.