PF contribution inputs
Estimated EPF Maturity Amount
Employee Contribution
₹0
Employer Contribution
₹0
Total Interest Earned
₹0
Yearly Growth Schedule
| Year | Basic Salary | Annual Cont. | Interest | Closing Balance |
|---|
Example EPF Calculation
Consider an employee with a monthly Basic Salary of ₹50,000, a 12% contribution, and 25 years left for retirement:
Monthly Basic: ₹50,000
Monthly Employee Cont: ₹6,000
Monthly Employer Cont to EPF (capped EPS): ₹4,750
Projected Growth:
With a 5% annual increment and 8.15% interest, the small monthly savings compound significantly. By the 25th year, your total interest earned usually exceeds your total principal contribution.
What is EPF?
The Employee Provident Fund (EPF) is a retirement benefit scheme available to all salaried employees in India. It is a government-backed initiative aimed at ensuring financial security for employees after their active working years. The scheme is regulated by the Employees' Provident Fund Organization (EPFO).
Retirement Planning Tip
EPF is a "safe" asset. For a balanced retirement, combine your EPF with a SIP in Mutual Funds for high growth and a PPF account for additional tax-free savings. If you are a high-income earner, use our Income Tax Calculator to understand the impact of EPF on your take-home pay.
How Contribution Works
While you contribute 12% of your basic pay, your employer also pays 12%. However, only a portion goes into your EPF account, while 8.33% (capped at ₹1,250) is directed toward the Employees' Pension Scheme (EPS). This ensures you have a lump sum at retirement plus a regular monthly pension later.