Project your EPF maturity value, total contribution, and interest earned, factoring in an annual salary increment — using the EPFO monthly-interest method.
Choose how you want to enter your monthly contribution, then fill in the rest.
Enter your details and hit calculate
Calculate to see the year-by-year growth of your EPF balance.
The Employee Provident Fund (EPF) is a retirement savings scheme where both the employee and employer contribute a fixed percentage of basic salary plus dearness allowance (DA) every month. This calculator projects your EPF corpus at retirement, factoring in an annual salary step-up percentage, since most salaries increase every year and a flat-salary projection understates the real maturity value.
Each year, your monthly basic salary is increased by the step-up percentage you enter, which increases both your own contribution and your employer's contribution for that year. The accumulated balance from previous years continues to earn interest at the EPF interest rate, compounded annually, while new monthly contributions are added throughout the year.
You can switch the salary input type using the toggle above. Choosing "Basic + DA" lets the calculator compute employee and employer contributions automatically using your entered percentages. Choosing "Fixed Amount" lets you enter a known monthly contribution directly — useful if your payslip already shows a fixed PF deduction and you don't want to work backward from a percentage.
By default, employee contribution is 12% of basic + DA, and employer contribution split is 3.67% to EPF and 8.33% to EPS (Employee Pension Scheme) for most employees, though this calculator lets you adjust the contribution rate to match your specific scheme rules.
This calculator follows the same interest-crediting method used by the Employees' Provident Fund Organisation (EPFO): interest for a given month is calculated on the balance carried forward from the previous month, so that month's own fresh contribution starts earning interest only from the following month. The interest calculated each month is accumulated and credited to the account once a year, mirroring how EPFO computes and credits interest annually on EPF balances.
Worked example: Suppose your basic + DA is ₹25,000/month, you are 25 years old retiring at 58, employee + employer EPF contribution totals 15.67%, annual step-up is 5%, and EPF interest is 8.25%. Following the EPFO method, each month's contribution starts earning interest only from the next month onward, and the accumulated interest is added to the balance once a year — closely matching the way your actual EPF passbook grows.
Reference: Interest calculation method and contribution rates as published by the Employees' Provident Fund Organisation (EPFO), Ministry of Labour & Employment, Government of India (epfindia.gov.in). This calculator is for educational planning purposes only and does not represent an official EPFO statement or guaranteed return.
Most salaries rise every year, and since EPF contributions are a fixed percentage of basic + DA, a rising salary means rising contributions too. Ignoring this step-up understates your real maturity value, sometimes by a large margin over a 25–30 year career.
Interest is worked out every month on the balance carried forward from the previous month, so a fresh contribution only starts earning interest the following month. The twelve months of calculated interest are then added to the account once a year, which is why this calculator computes monthly but credits interest annually.
"Basic + DA" calculates your monthly contribution from your basic salary and the employee/employer percentages you enter. "Fixed Amount" skips that step and lets you type in the monthly contribution directly, which is handy if your payslip already shows the exact PF deduction.
These are the standard rates for most private-sector employees, where 12% comes from the employee and the employer's 12% splits into 3.67% to EPF and 8.33% to EPS. Some establishments and wage bands follow different rules, so adjust the percentages here to match your own scheme if needed.
No — this is an educational planning estimate. It follows the published EPFO interest-crediting method, but your actual passbook can differ due to interest rate changes year to year, salary revisions that don't follow a flat step-up, withdrawals, or scheme-specific rules. Always check your EPFO passbook or UAN portal for the official balance.