Correct EPF and EPS split
8.33% of the employer share, up to ₹1,250 a month, goes to the pension scheme. Only the balance is added to your EPF.
EPF interest rate 8.25% for FY 2025-26
EPF Calculator PF Maturity, Interest & Retirement Corpus
This free EPF calculator projects your provident fund balance at retirement using the latest 8.25% rate, salary hikes, VPF and the exact employer split between EPF and EPS. See year-by-year growth and your estimated EPS pension.
- Monthly interest, yearly credit
- Employer EPF vs EPS split
- VPF & salary growth
- Year-by-year table
Why this calculator
A more accurate EPF calculator
Many PF calculators credit the full 12% employer share to EPF and ignore salary growth, which overstates your corpus. This one follows how EPFO actually works.
EPFO interest method
Interest is worked out on the monthly running balance and credited once a year, just like your passbook.
Salary hikes included
Your contributions grow with your salary every year, giving a realistic retirement corpus.
VPF top-up
Test how a voluntary contribution above 12% boosts your final balance at the same interest rate.
Visual growth chart
See how interest overtakes contributions over time, with a full year-by-year table.
Real value and pension
See your corpus in today's money and an estimate of your monthly EPS pension.
How to use
How to use the EPF calculator
Keep your payslip and EPFO passbook handy.
- 1
Enter age and retirement age
The default retirement age is 58, when EPF becomes fully withdrawable.
- 2
Add basic salary and current balance
Use monthly basic plus DA from your payslip and the latest balance from your passbook.
- 3
Set salary growth and interest rate
The rate defaults to 8.25%. Use an increase you expect on average, such as 5 to 8%.
- 4
Choose your PF wage
Pick Full basic if 12% is deducted on your whole basic, or the ₹15,000 ceiling if your deduction is ₹1,800 a month.
- 5
Review the corpus and chart
Open the options to add VPF, then check the year-by-year table and copy your summary.
How EPF works
How EPF contribution and interest are calculated
You and your employer each contribute 12% of basic salary plus DA. Your full 12% goes to EPF, while the employer share is split between EPF and the Employees' Pension Scheme.
Contribution split
| Component | Share of basic + DA |
|---|---|
| Employee to EPF | 12% |
| Employer to EPS (pension) | 8.33%, max ₹1,250/month |
| Employer to EPF | Remaining of 12% |
| Voluntary PF (optional) | Any extra % |
Example: basic of ₹15,000
| Component | Per month |
|---|---|
| Employee EPF (12%) | ₹1,800 |
| Employer EPS (8.33%) | ₹1,250 |
| Employer EPF (3.67%) | ₹550 |
| Total added to EPF | ₹2,350 |
Interest each month = running balance × annual rate ÷ 12. The monthly amounts are added up and credited at the end of the financial year, so interest compounds yearly.
Rate history
EPF interest rate history
The Central Board of Trustees recommends the rate each year and the government ratifies it. It has stayed at 8.25% for three years.
| Financial year | EPF interest rate |
|---|---|
| 2025-26 | 8.25% |
| 2024-25 | 8.25% |
| 2023-24 | 8.25% |
| 2022-23 | 8.15% |
| 2021-22 | 8.10% |
| 2020-21 | 8.50% |
| 2019-20 | 8.50% |
| 2018-19 | 8.65% |
| 2017-18 | 8.55% |
| 2016-17 | 8.65% |
Benefits
Why check your EPF balance projection
- Plan retirement with real numbers
Know how much of your retirement goal EPF will cover and how much you need from SIPs, PPF or NPS.
- Decide on VPF
VPF earns the same government-backed rate. See whether topping up beats other safe options for you.
- Avoid early withdrawals
Seeing decades of compounding makes it clear how much a withdrawal today costs at 58.
- Compare job offers
A full-basic PF structure builds a much larger corpus than the ₹15,000 ceiling. Factor it into offer comparisons.
FAQ
EPF calculator FAQs
What is the EPF interest rate for 2025-26?
The EPF interest rate for FY 2025-26 is 8.25%. It was recommended by the EPFO Central Board of Trustees in March 2026 and ratified by the government in June 2026, the third year in a row at this rate.
How is EPF interest calculated?
Interest is calculated every month on the running balance at one-twelfth of the annual rate. The monthly amounts are added and credited to your account at the end of the financial year, after which they also earn interest.
How much does my employer contribute to EPF?
Your employer contributes 12% of basic salary plus DA. Of this, 8.33% goes to the Employees' Pension Scheme, capped at ₹1,250 a month, and the remainder goes to your EPF account.
What is VPF and does it earn the same interest?
Voluntary Provident Fund lets you contribute more than the mandatory 12% of basic salary. It is held in your EPF account and earns the same interest rate. Your employer does not have to match it.
Is EPF interest taxable?
Interest is tax-free on employee contributions of up to ₹2.5 lakh a year, or ₹5 lakh where the employer does not contribute. Interest on contributions above these limits is taxable. Withdrawals before five years of continuous service can also be taxed.
When can I withdraw my EPF?
You can withdraw the full balance on retirement at 58. Partial withdrawals are allowed for needs such as housing, education, marriage and medical treatment, subject to EPFO's current rules and service conditions.
How is the EPS pension calculated?
The standard formula is pensionable salary multiplied by pensionable service, divided by 70. Pensionable salary is capped at ₹15,000, and you need at least 10 years of service. Members with 20 or more years get a two-year bonus on service.
What happens to my EPF when I change jobs?
Your UAN stays the same, and your balance can be transferred to the new employer's account online. Transferring keeps your service continuous, which matters for tax-free withdrawal and pension eligibility.
See how big your PF can grow
Your provident fund is often your largest safe retirement asset. Run the EPF calculator, test a VPF top-up and plan the rest of your retirement with confidence.
Calculate my EPFProjections are estimates for planning. Future EPF rates are decided each year and may differ. Check your balance on the EPFO website.