Investing
EPF Calculator
Employee, employer and EPS split, the ₹15,000 wage ceiling, and the current 8.25% interest rate, projected to retirement.
Last updated 21 August 2026 · Free · No sign-up · Nothing you type leaves your browser
Your salary
Your EPF account
EPFO has held this at 8.25% for FY 2025-26, the second year running.
Projected EPF corpus at retirement
₹2.88 Cr
28 years of contributions at ₹40,000 monthly basic, growing 8% a year, compounding at 8.25%.
Your contribution (12% of basic)
₹4,800/mo
Today's figure — grows with salary
Employer's EPF share
₹3,551/mo
After the EPS carve-out
Employer's EPS share (pension)
₹1,250/mo
Capped at ₹15,000 basic — not part of this EPF corpus
Balance over time
Includes your opening balance of ₹5 L compounding throughout, plus every future contribution and the interest it earns.
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A quiet but reliable retirement building block
EPF rarely gets the attention SIPs or NPS do, but for most salaried Indians it is one of the largest, most consistent contributors to a retirement corpus — funded automatically every month, compounding at a government-set rate that has stayed close to 8-8.5% for years.
The split most calculators get wrong
Many online EPF calculators simply apply 24% of salary (12% + 12%) to the whole basic pay. In practice, a meaningful slice of the employer's share is diverted to the EPS pension scheme, capped at a ₹15,000 wage ceiling that has not moved with inflation for years — and whether the remaining EPF share is computed on your actual basic or also capped varies by employer. This calculator models both cases explicitly rather than picking one silently.
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Frequently asked questions
What is the current EPF interest rate?
EPFO has set the rate at 8.25% for FY 2025-26, the same as the year before. This rate is reviewed and can change annually, so treat it as a snapshot to revisit rather than a fixed long-term assumption.
Why does my employer's EPF contribution look smaller than 12% of my salary?
Because part of the employer's 12% is redirected to the Employees' Pension Scheme (EPS) rather than EPF — specifically 8.33% of your basic pay, capped as if your basic were ₹15,000, however much it actually is. What remains after that carve-out is what actually lands in your EPF account.
What is the ₹15,000 wage ceiling?
It is the statutory cap used to compute the EPS portion: 8.33% is applied to the lower of your actual basic pay and ₹15,000, so the maximum EPS contribution is capped at roughly ₹1,250 a month regardless of how much you actually earn. Employer policy on whether the remaining EPF contribution is computed on your actual basic or also capped at this ceiling varies — this calculator lets you choose either.
Does my employee contribution have the same cap?
No. Your own 12% contribution is calculated on your actual Basic + DA in the standard case, without the ₹15,000 ceiling applied on your side of the split — the ceiling only governs how the employer's share is divided between EPF and EPS.
Is the EPS amount part of this EPF corpus?
No, and this calculator does not include it in the projected total. EPS builds toward a separate monthly pension under its own formula rather than a lump-sum-style corpus, so it is shown here only as an informational figure.