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    Free EPF / PF Calculator

    Calculate your Employee Provident Fund contributions — Employee PF (12%), Employer EPF (3.67%), EPS (8.33%), and estimated PF maturity amount.

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    PF Calculator
    Employee & Employer Provident Fund
    Salary Details
    PF is calculated on Basic + DA (max ₹15,000)
    Enter 0 if no DA component
    Current rate: 8.25% (FY 2023-24)
    Monthly Breakdown
    Employee PF (12% of wages)₹1,800
    Employer EPF (3.67%)₹551
    Employer EPS (8.33%, max ₹1,250)₹1,250
    Admin / EDLI Charges (0.5%)₹75
    Total Monthly Contribution₹3,600
    Annual Employee PF
    ₹21,600
    Annual Employer PF
    ₹21,600
    Annual Total
    ₹43,200
    Maturity after 10 yrs
    ₹4,39,062
    PF wage ceiling is ₹15,000/month. If Basic+DA exceeds ₹15,000, PF is calculated on ₹15,000 (unless voluntarily opted for higher contribution).

    Understanding EPF — Employee Provident Fund

    The Employees' Provident Fund (EPF) is India's largest retirement savings scheme, covering over 6 crore salaried employees. Both the employee and employer contribute 12% of basic salary + DA every month, creating a significant retirement corpus over time.

    PF Contribution Breakdown

    ComponentRateGoes To
    Employee Contribution12% of Basic+DAEPF Account
    Employer EPF3.67% of Basic+DAEPF Account
    Employer EPS8.33% (max ₹1,250/mo)Pension Fund
    EDLI + Admin0.5% of Basic+DAInsurance + Admin

    How to Use This Tool

    1
    Enter Basic Salary
    Enter your monthly basic salary. If you have a Dearness Allowance (DA), enter that too.
    2
    Set Service Period
    Enter how many years you plan to work (or have already worked) for maturity calculation.
    3
    Adjust Interest Rate
    The default rate is 8.25% (current EPFO rate). You can adjust it to compare scenarios.
    4
    View Results
    See your monthly employee/employer contributions, annual totals, and estimated maturity amount instantly.

    Frequently Asked Questions

    EPF is a retirement savings scheme mandated by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. Both employer and employee contribute 12% of the employee's basic salary + DA each month to the EPF account.

    Employee contribution = 12% of (Basic + DA). Employer contribution = 12% of (Basic + DA), split as: 8.33% to EPS (max ₹1,250/month) and 3.67% to EPF. The wage ceiling for PF calculation is ₹15,000/month.

    The EPF interest rate for FY 2023-24 is 8.25% per annum, declared by the EPFO. This rate is reviewed annually by the government.

    EPS is a pension scheme funded by the employer's contribution. 8.33% of the employee's PF wage (max ₹1,250/month) goes to EPS. Employees become eligible for pension after completing 10 years of service.

    Yes, partial withdrawal is allowed for specific purposes like medical emergencies, home purchase, education, or marriage. Full withdrawal is allowed after 58 years of age or after 2 months of unemployment.

    VPF allows employees to contribute more than 12% (up to 100% of basic+DA) to their PF account voluntarily. The employer is not obligated to match VPF contributions. VPF earns the same interest rate as EPF.

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