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EPF Calculator
Project your provident fund balance at retirement, including employer contributions and the EPS split.
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Result
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EPF is the largest retirement asset most salaried Indians have, and the one they look at least often.
Where the contributions go
You contribute 12% of basic plus DA. Your employer matches it, but 8.33% of their share — capped on a wage of ₹15,000, so ₹1,250 a month — is diverted to the Employees' Pension Scheme. Only the remainder joins your EPF balance. The EPS portion buys a pension instead and is not part of the balance shown here.
Interest
Declared annually by the EPFO and credited to the account. It has run between 8% and 8.5% in recent years.
Why transferring beats withdrawing
Withdrawing before five years of continuous service makes the whole amount taxable, interest included, and resets the compounding that makes the account worth having. Transferring it on a job change through the UAN keeps both intact.
Frequently asked questions
How much goes into EPF each month?
You contribute 12% of basic plus DA and your employer matches it. But 8.33% of the employer's share — capped on a wage of ₹15,000, so ₹1,250 — is diverted to the pension scheme, so only the remainder joins your EPF balance.
Is EPF withdrawal taxable?
Not after five years of continuous service. Withdraw earlier and the whole amount becomes taxable, including the interest and the employer's contribution. Service with different employers counts as continuous if the balance was transferred.
Should I transfer or withdraw EPF when changing jobs?
Transfer. Withdrawing resets the five-year clock, triggers tax, and ends the compounding that makes the account worth having. A transfer through the UAN usually takes a few weeks online.
What is the current EPF interest rate?
8.25% for recent years, declared annually by the EPFO and credited after government approval. It has stayed between 8% and 8.65% over the past decade.