EPF Calculator 2026 (Employees Provident Fund)

About Employees' Provident Fund (EPF) Calculator

The Employees' Provident Fund is a retirement savings scheme run by the Employees' Provident Fund Organisation (EPFO). Every month you and your employer each usually contribute 12% of your basic pay plus dearness allowance. All of your share goes into your EPF account, while part of your employer's goes to the Employees' Pension Scheme (EPS). The interest rate is recommended each year by EPFO's Central Board of Trustees and notified after the Ministry of Finance approves it.

This calculator projects your EPF balance at retirement. It raises your basic pay once a year by the growth rate you enter, adds both contributions every month, and works out interest on each month's balance at the rate you enter, credited once a year. It covers the EPF account only: the EPS pension, voluntary contributions, withdrawals and tax are not included.

How it Works

The calculator takes six inputs:

• Current Age and Retirement Age: contributions run for every year in between.
• Monthly Basic Salary (Basic + DA): your pay today. Both contributions are worked out from this amount.
• Current EPF Corpus Balance: what is already in your account. It earns interest from the first year.
• Expected Annual Salary Growth: how much your basic pay rises each year; the contributions rise with it.
• EPFO Interest Rate (Annual): the rate credited each year. Change it to see the effect of a lower or higher rate.

Benefits of EPF

• Your employer adds to it: every month your employer contributes alongside your own 12%.
• Interest on interest: each year's interest is added to the balance and earns interest from then on, so the longer you stay in, the faster it grows.
• It moves with you: your Universal Account Number (UAN) stays the same when you change jobs.
• Room to save more: you can choose to contribute more than 12% of your pay.

Official Statutory References:

• EPFO Official Member Portal (Employees Provident Fund Organisation)