EPF Maturity Calculator

⚡ In shortThe Employees' Provident Fund is a retirement savings scheme where you and your employer each contribute a share of your Basic + DA every month, and the balance earns a government-declared interest rate that compounds year after year. Of your Basic + DA, you contribute 12% and your employer contributes 12% — but of the employer's share, 8.33% is diverted to the EPS pension (subject to a wage ceiling) and only 3.67% is added to your EPF corpus. So roughly 15.67% of Basic + DA is credited to the fund each month. Interest (8.25% for FY 2024-25) is calculated on the monthly running balance and credited at year-end, which is why the corpus compounds. This calculator projects the corpus from your current Basic + DA, the years left to retirement, the interest rate and an optional annual salary-growth rate; the EPS pension portion is deliberately excluded because it is not part of the withdrawable EPF balance.

Open the free EPF Maturity Calculator →

How it is calculated

Of your Basic + DA, you contribute 12% and your employer contributes 12% — but of the employer's share, 8.33% is diverted to the EPS pension (subject to a wage ceiling) and only 3.67% is added to your EPF corpus. So roughly 15.67% of Basic + DA is credited to the fund each month. Interest (8.25% for FY 2024-25) is calculated on the monthly running balance and credited at year-end, which is why the corpus compounds. This calculator projects the corpus from your current Basic + DA, the years left to retirement, the interest rate and an optional annual salary-growth rate; the EPS pension portion is deliberately excluded because it is not part of the withdrawable EPF balance.

Frequently asked questions

Is EPF interest taxable?

Interest on your own contributions above ₹2,50,000 in a year (₹5,00,000 where there is no employer contribution) is taxable. Below that, EPF interest and the maturity amount are tax-free if you have five years of continuous service.

What is the EPF interest rate for 2024-25?

The EPFO declared 8.25% for FY 2024-25. Rates are announced each year and can change, so this calculator lets you enter the rate.

Does the employer's full 12% go to EPF?

No. 8.33% of the employer's contribution (up to the wage ceiling) goes to the EPS pension scheme; only 3.67% is added to your EPF corpus. That is why this calculator uses 15.67% of Basic + DA for the corpus.

Can I withdraw EPF before retirement?

Partial withdrawals are allowed for specific reasons (housing, medical, marriage, education). A full withdrawal before five years of service is taxable and may attract TDS under section 192A above ₹50,000.

Related reading

India Law Simplified is an AI-assisted tool, not a substitute for a licensed CA or advocate. Tax rules and limits change with each Finance Act — verify before relying on any figure.