EPF Calculator

How this calculator works

• Employee contribution = 12% of the selected PF wage basis. Employer total contribution = 12% of that same basis. Each monthly share is rounded to the nearest rupee.
• For standard EPS membership, EPS = 8.33% of Basic + DA, capped at ₹15,000 of monthly wages and rounded to the nearest rupee. Employer EPF = employer total minus EPS. No employee contribution goes to EPS.
• The default wage basis caps both PF shares at ₹15,000. Select full wages only when that reflects your actual arrangement. An employer is not automatically required to match voluntary extra contributions.
• The projection starts in April. Wages increase at the beginning of each following projection year. Contributions are credited in their respective months and start earning interest the following month. Monthly interest is accumulated and added at each March year-end, not compounded every month.
• The same interest assumption, 12% contributions and selected EPS status are held constant throughout. No withdrawals, employment gaps, future ceiling changes, tax or charges are modelled. Interest is estimated on the combined EPF balance and rounded annually; actual passbook rounding and credit dates can differ.
• EPS membership normally ceases at age 58; some new members joining on or after 1 September 2014 with wages above ₹15,000 are not eligible. Use a projection period over which your chosen status applies. If your EPS status changes, run separate projections before and after that change. This tool does not calculate pension benefits or higher-pension contributions.

EPF interest rate: check the financial year

The editable 8.25% default is supported by EPFO's official declaration for FY 2024-25. The 2 March 2026 government release also records a recommendation of 8.25% for FY 2025-26, subject to notification. This is not a verified FY 2026-27 rate or a promise of future returns. Check the current EPFO rate and update the assumption before relying on results. Sources checked 16 October 2026.

Contribution example

With ₹15,000 monthly PF wages, the employee contributes ₹1,800 and the employer contributes ₹1,800. For standard EPS membership, ₹1,250 of the employer share goes to EPS and ₹550 goes to EPF. The monthly amount added to EPF is therefore ₹2,350. EPS is a separate pension scheme, not an interest-bearing EPF savings balance.

Frequently asked questions

Does the employer's full 12% go to EPF?

Not when standard EPS applies. The pension share is diverted from the employer contribution; only the remainder goes to EPF. If EPS does not apply, the full employer contribution goes to EPF.

Is EPF calculated on my total salary?

This tool uses Basic + DA as the wage input, not CTC or take-home pay. EPFO's contribution document also refers to applicable retaining allowance and the cash value of food concessions. Include any applicable PF wage components after checking your payroll.

Why might this differ from my passbook?

Actual PF wage policy, membership, contribution dates, salary changes, withdrawals, yearly notified rates and rounding can differ. Use your EPFO passbook and payroll records for account balances.

Official sources

EPFO contribution rates, wage ceiling and EPS exceptions · EPF Scheme paragraph 60: monthly running balances and annual interest credit.

For general information only. This independent calculator is not affiliated with EPFO and is not financial or tax advice.