EPF calculator: PF balance at retirement

How the EPF Calculator works

1. Enter your monthly basic pay plus dearness allowance and whether PF is worked out on all of it or only up to the ₹25,000 wage ceiling. You contribute 12% of it, and your employer pays a share into EPF as well.
2. Part of the employer's 12% goes to the Employees' Pension Scheme, not to your EPF. You can choose how that split is treated in the advanced options.
3. Your basic pay is raised once every 12 months by the percentage you enter, so the contributions rise with it.
4. Interest for each month is one twelfth of the yearly rate on the balance at the start of that month. The twelve amounts are added up and credited at the end of the year.
5. This repeats until your retirement age. The result shows the final balance, what you and your employer put in, and the interest.

Monthly contribution = basic pay × (your share + employer's share to EPF)
Monthly interest = balance at the start of the month × (yearly rate ÷ 12)
Interest is added to the balance once a year
Basic pay rises by the yearly growth rate every 12 months

Assumptions and limits

• The rate stays at 8.25%, the rate declared for FY 2025-26, for every year. EPFO declares a new rate each year, so the real outcome will differ.
• Basic pay rises by the same percentage every year, and you stay employed and contribute every month until the retirement age you enter.
• Contributions are worked out on your full basic pay by default. By law PF is compulsory only on wages up to ₹25,000 a month (raised from ₹15,000 on 17 September 2026); above that, contributions are voluntary and the employer does not have to match them. Choose the ceiling option to see the compulsory amount.
• The employer's share to EPF is taken as a flat percentage of wages by default (3.67%), because the rest of the employer's 12% goes to the pension scheme. The statutory split gives a higher EPF share for wages above ₹25,000; you can choose it in the advanced options.
• Years run from today, not by financial year, and interest for a month is calculated on the opening balance of that month.
• Each month's contribution is treated as credited in the same month, so it earns interest from the next month. EPFO receives it about a month later (employers pay by the 15th of the following month), so the real balance can be roughly 0.3% to 0.7% lower.
• Interest on your own contributions above ₹2.5 lakh in a year (₹5 lakh if your employer pays nothing) is taxable. This projection does not deduct any tax, so check the current rules.
• Withdrawals before retirement, loans against the balance, job gaps and the pension scheme's own benefits are not modelled.