EPF (Employee Provident Fund) Calculator
An EPF calculator helps you estimate the total corpus you may accumulate in your Employee Provident Fund over your working years. It shows how employee contributions, employer contributions, and interest together build your retirement savings.
The maturity value shown represents the total EPF balance at the end of the selected contribution period. This includes the sum of contributions and the interest earned over time, helping you understand the long-term impact of disciplined, salary-linked saving.
How the Calculation Works
EPF contributions are made every month as a percentage of your basic salary (plus dearness allowance, if applicable). Both the employee and employer contribute, and the accumulated balance earns interest at a rate notified annually by the government.
In this calculator, interest is applied monthly on the opening balance, and contributions are added after interest for each month. If you specify an annual salary growth rate, the basic salary is increased once every year, which increases future contributions accordingly.
- Interest compounds monthly on the existing balance
- Employee and employer contributions are added every month
- Salary growth, if specified, is applied annually
- All calculations assume a constant interest rate
What This Calculator Includes (and Excludes)
To keep the calculation transparent and predictable, this tool focuses only on the Provident Fund portion of EPF.
- Includes only EPF contributions from employee and employer
- Does not split employer contribution into EPS (pension) and EPF
- Does not apply statutory wage caps or EPS ceilings
- Tax treatment, withdrawals, and rule changes are excluded
Inputs and Options Explained
The calculator uses inputs that mirror how EPF contributions are defined in practice, while allowing flexibility for planning scenarios.
- Monthly Salary (Basic + DA) — The salary component used for EPF calculation.
- Employee Contribution (%) — The percentage of salary contributed by you each month.
- Employer Contribution (%) — The percentage of salary contributed by your employer to EPF.
- Annual Interest Rate (%) — The EPF interest rate assumed to remain constant throughout the period.
- Contribution Period (Years) — The total number of years you continue contributing to EPF.
- Annual Salary Growth (%) — Optional yearly increase applied to basic salary.
Understanding the Result
EPF growth is driven more by consistency and time than by high returns. Even modest monthly contributions can compound into a large corpus when spread across decades, especially when salary increases steadily over time.
Because contributions are made throughout your career, earlier contributions earn interest for much longer. This makes long contribution periods significantly more impactful than short, high-contribution phases.
Who Should Use This Tool
This calculator is useful for long-term retirement planning and for understanding how EPF fits into your overall savings strategy.
- Salaried employees planning retirement savings
- Professionals estimating long-term EPF corpus
- Anyone comparing EPF with other investment options
Related Concepts
EPF is often discussed alongside other long-term savings and retirement concepts.
- Compounding — Interest earning interest over long periods.
- Retirement Corpus — The total savings accumulated for post-retirement needs.
- Real Returns — Returns adjusted for inflation.
To understand how EPF savings hold up against rising costs, you can use an Inflation Calculator or compare long-term growth with a CAGR Calculator.