EPF Calculator
EPF balance at 58
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- Contributions
- Interest earned
- Your contributions
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- Employer contributions (to EPF)
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- Interest earned
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- Balance at 58
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Illustrative estimates only, based on the assumptions you choose. Actual returns, rates and costs will vary.
Year-by-year breakdown
| Age | Total contributions | Total interest | Balance |
|---|
About the EPF calculator
Both you and your employer contribute 12% of your basic salary and DA every month. Your full share goes to EPF. Of your employer's share, 8.33% of wages (on wages up to ₹15,000 a month) goes to the Employees' Pension Scheme and the rest to your EPF.
Interest accrues on the monthly balance and is credited once a year. This calculator estimates your EPF balance at 58; the pension (EPS) is not included.
How to use it
- Move the sliders, or type a value into each box.
- Watch the results and chart update as you go.
- Try different assumptions to see what changes the outcome most, then talk to us about a plan.
The formula
Each month: EPF += your share + (12% of pay − EPS share); interest = Σ monthly balance × r ÷ 12, credited yearly
- EPS share = 8.33% × min(pay, ₹15,000)
- r: EPF interest rate declared by EPFO
Example
Starting at age 30 on a basic salary of ₹30,000 a month, rising 5% a year, at 8.25%, your EPF could be worth about ₹1,31,17,280 at 58.
Assumes the standard 12% contributions, the ₹15,000 EPS wage ceiling and an 8.25% interest rate. EPFO declares the rate every year, and the rules may change.
EPF Calculator: common questions
Interest on your contributions up to ₹2.5 lakh a year (₹5 lakh where the employer does not contribute) is tax-free; interest on amounts above that is taxable.
Partial withdrawals are allowed for purposes such as housing, education, marriage and medical needs, subject to EPFO rules.
Want a plan, not just a number?
Book a free financial checkup and we'll turn these estimates into a plan that fits your life.