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Provident Fund (PF) Calculator

Calculate PF maturity amount with employee and employer contributions

Provident Fund Details

12%
8.15%

PF Maturity Analysis

Enter PF details to see your retirement corpus

Provident Fund (EPF) Calculator

Employee Provident Fund is a retirement savings scheme where both employee and employer contribute 12% of basic salary. Interest is credited annually.

Formula

Corpus grows with annual contributions plus compounded interest at EPF rate

Current Rates (2025)

EPF Interest Rate FY 2024-25

EPFO notification, effective FY 2024-25

8.25% p.a.

EPF Historical Rate (2022-23)

EPFO

8.15% p.a.

Example Calculation

Scenario:

Basic salary ₹30,000, 30 years of service, current EPF rate 8.25%

Calculation:

Employee + Employer contribution = ₹7,200/month

Result:

Estimated maturity: ₹1.12 crore (assuming constant salary and rate)

Key Points

  • Mandatory for employees earning Basic + DA ≤ ₹15,000; voluntary for higher earners
  • Employee contribution: 12% of Basic + DA
  • Employer contribution: 12% (3.67% to EPF + 8.33% to EPS)
  • Can contribute voluntarily higher via VPF (Voluntary PF) at same interest rate
  • Interest rate declared annually, credited to account yearly

Tax Implications:

  • Employee PF contribution deductible u/s 80C (up to ₹1.5 lakh limit)
  • Interest earned is tax-free if service completed ≥5 years
  • Withdrawal tax-free if ≥5 years of continuous service
  • TDS applicable on withdrawal if service <5 years and amount >₹50,000
  • Interest on PF contribution >₹2.5 lakh/year is taxable (from FY 2021-22)
Disclaimer: The calculations and information provided are estimates based on the inputs provided and current rates as of November 2025. Actual results may vary. Interest rates, tax laws, and regulations are subject to change. Please consult with a qualified financial advisor or tax professional for personalized advice.