EPF Calculator
Calculate your Provident Fund corpus, monthly contribution split, EPS pension & tax benefits
Salary & Contribution Details
Current EPF Balance
| Component | Who Pays | Rate | Monthly |
|---|---|---|---|
| Employee EPF (12%) | Employee | 12% | ₹0 |
| Employer → EPF (3.67%) | Employer | 3.67% | ₹0 |
| Employer → EPS (8.33%) | Employer | 8.33% | ₹0 |
| EDLI Insurance (0.5%) | Employer | 0.5% | ₹0 |
| Total EPF Credit / Month | Both | — | ₹0 |
| Year | Age | Annual Contribution | Total Deposited | Interest Earned (Year) | Closing Balance |
|---|
| Financial Year | Interest Rate | Change |
|---|---|---|
| 2025-26 (FY26) ✅ Current | 8.25% | No change (2nd consecutive year) |
| 2024-25 (FY25) | 8.25% | No change |
| 2023-24 (FY24) | 8.25% | ▲ +0.10% (from 8.15%) |
| 2022-23 (FY23) | 8.15% | ▲ +0.05% (from 8.10%) |
| 2021-22 (FY22) | 8.10% | ▼ −0.40% · 40-year low |
| 2020-21 (FY21) | 8.50% | ▼ −0.15% |
| 2019-20 (FY20) | 8.65% | ▼ −0.10% |
| 2018-19 (FY19) | 8.65% | ▲ +0.10% |
Employee contribution: 12% of Basic + DA
Employer → EPF: 3.67%
Employer → EPS: 8.33% (capped ₹1,250/month)
EDLI insurance cover: ₹2.5L – ₹7L
Tax-free interest limit: ₹2.5L/year contribution
80C deduction: Up to ₹1.5L
Auto-settlement (EPFO 3.0): Under 3 days
Partial withdrawal after: 12 months service
Education: up to 10 times
Marriage: up to 5 times
After 1 month job loss: 75% withdrawal
After 2 months job loss: 100% withdrawal
TDS if < 5 yrs service: 10% (above ₹50K)
Min. balance rule: 25% retained
What is EPF (Employees' Provident Fund)?
The Employees' Provident Fund (EPF) is a mandatory retirement savings scheme governed by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, and managed by the Employees' Provident Fund Organisation (EPFO). It applies to all establishments with 20 or more employees. Every eligible employee contributes 12% of their Basic Salary + Dearness Allowance (DA) each month, and the employer matches this with an equal 12% — making EPF one of the most powerful wealth-creation tools for salaried India.
As of March 2026, EPFO manages a corpus exceeding ₹28 lakh crore across over 7 crore active subscribers. The EPF interest rate for FY 2025-26 has been confirmed at 8.25% per annum — the same as FY 2024-25 — by the Central Board of Trustees at its 239th meeting on March 2, 2026.
EPF Contribution Split — Where Does Each Rupee Go?
| Component | Rate | Who Pays | Goes To | Cap |
|---|---|---|---|---|
| Employee EPF | 12% of Basic+DA | Employee | EPF account | No cap |
| VPF (optional) | Up to 88% extra | Employee | EPF account (same) | 100% of Basic+DA total |
| Employer → EPF | 3.67% of Basic+DA | Employer | EPF account | No cap |
| Employer → EPS | 8.33% of Basic+DA | Employer | EPS (pension fund) | ₹1,250/month (₹15K wage ceiling) |
| EDLI Insurance | 0.5% of Basic+DA | Employer | Insurance fund | ₹75/month (₹15K ceiling) |
| Govt contribution to EPS | 1.16% of Basic+DA | Central Govt | EPS (pension fund) | On wages up to ₹15K |
EPF Tax Rules — EEE Status with a Catch
EPF historically enjoyed full EEE (Exempt-Exempt-Exempt) tax status. Since FY 2021-22, there is an important change: interest earned on employee EPF + VPF contributions exceeding ₹2.5 lakh per year is taxable at your applicable income slab rate. For government employees, this limit is ₹5 lakh. The EPFO maintains two separate sub-accounts and deducts TDS at 10% on taxable interest.
| Rule | Employee EPF + VPF | Employer EPF Contribution |
|---|---|---|
| Section 80C deduction | ✅ Up to ₹1.5L/year | ❌ Not deductible by employee |
| Interest tax-free up to | ₹2.5L/year contribution (₹5L for govt) | Fully tax-free always |
| Interest above threshold | Taxable at slab + 10% TDS | Tax-free |
| Withdrawal (5+ yrs service) | ✅ Fully tax-free (EEE) | ✅ Fully tax-free |
| Withdrawal (< 5 yrs service) | Taxable + 10% TDS if > ₹50K | Taxable + 10% TDS |
VPF (Voluntary Provident Fund) — The Underrated Supercharger
VPF allows employees to contribute more than the mandatory 12% — up to 100% of their Basic + DA. The extra contribution goes into the same EPF account, earns the same 8.25% interest, qualifies for 80C deduction (within ₹1.5L), and is withdrawn under the same rules. Unlike NPS, VPF has no mandatory annuity requirement — the full balance is yours at retirement. However, the employer is not required to match VPF contributions, and interest on total employee contributions (EPF + VPF) above ₹2.5L/year becomes taxable.
EPS — The Pension Component You Often Forget
The employer's 8.33% contribution does not go into the EPF account — it funds the Employees' Pension Scheme (EPS), which provides a monthly pension after age 58. The EPS pension is calculated as: Monthly Pension = (Pensionable Salary × Pensionable Service) ÷ 70. The pensionable salary is capped at ₹15,000/month, giving a maximum monthly EPS pension of approximately ₹7,500. EPS does not earn interest; it is a defined-benefit scheme funded by employer and government contributions.
EPF Withdrawal Rules 2025 — Major Simplification
EPFO's October 2025 reform merged the old 13 withdrawal grounds into 3 simple categories, effective immediately. Here's the complete updated framework:
| Situation | Withdrawal Limit | Min. Service | Notes |
|---|---|---|---|
| Essential Needs (illness, education, marriage) | Up to specific limits | 12 months | Education: 10 times · Marriage: 5 times |
| Housing (buy/build/loan repayment) | Up to 90% EPF | 5 years | One-time purchase / construction |
| Special Circumstances (natural calamity, unforeseen) | Up to 75% EPF | 12 months | No explanation required |
| Unemployment — 1 month | Up to 75% EPF | — | Includes employer contributions |
| Unemployment — 2+ months | 100% EPF | — | Full final settlement |
| Pre-retirement (age 57+) | Up to 90% EPF | — | 1 year before retirement |
| Retirement (age 58) | 100% EPF · tax-free | 5 years | Full corpus + interest, EEE status |
EPF vs PPF — Key Differences
| Parameter | EPF | PPF |
|---|---|---|
| Who can invest | Salaried employees only | Anyone (including self-employed) |
| Contribution | Mandatory (12% of Basic+DA) | Voluntary (₹500–₹1.5L/year) |
| Employer contribution | Yes (12% + EDLI) | No |
| Interest rate FY 2025-26 | 8.25% (EPFO declared) | 7.1% (govt quarterly) |
| Tax on interest | Tax-free up to ₹2.5L/yr contribution | 100% tax-free (EEE) |
| Lock-in | Till retirement (partial allowed) | 15 years (extendable) |
| Pension component | Yes (EPS) | No |
| Best for | Salaried employees (mandatory + employer benefit) | Self-employed & flexible savers |