EPF Calculator in Ahmedabad
The Employees’ Provident Fund (EPF) builds a tax-free retirement corpus from monthly salary contributions. Of your basic + DA, 12% comes from you and 3.67% from your employer into the EPF (the employer’s remaining 8.33% goes to the pension scheme). Enter your basic pay, expected annual hike and the EPF rate to project your corpus.
- 100% free
- No sign-up
- Private — on your device
Your partner in prosperity
Start a goal-based SIP plan
Talk to an AMFI-registered Mutual Fund Distributor (ARN-354187) in Ahmedabad. Free, no-obligation guidance tailored to your numbers. We'll bring up your scenario — EPF corpus at retirement: ₹1,32,91,996.
How it's calculated
The formula
Monthly EPF contribution = 15.67% of basic + DA (12% employee + 3.67% employer). Contributions grow with your annual hike and compound at the EPF rate to give the retirement corpus.
Assumptions
- The 8.33% employer share to EPS (pension) is excluded from this corpus.
- A constant EPF rate and a steady annual salary hike.
- Contributions made monthly; no premature withdrawals.
Sources
Real-world scenarios
See exactly how the numbers play out in the situations people actually face — so there are no surprises before you commit.
A ₹40,000 basic salary, 25 years to go
On a ₹40,000 monthly basic with 8% annual hikes and EPF at 8.25%, the corpus at retirement crosses well over ₹2 crore in 25 years — and it is entirely tax-free. EPF quietly becomes most salaried Indians’ single largest retirement asset.
Your employer doubles your saving
You contribute 12% of basic + DA, and your employer effectively adds another 3.67% to EPF — so a chunk of your retirement fund is built with money that never touched your salary. It is the closest thing to free growth a job offers.
Never withdraw on a job switch
Cashing out your EPF when you change jobs resets the compounding clock and triggers tax if done before five years. Always transfer the balance to your new employer’s account instead — keeping it invested is what turns small contributions into crores.
Illustrative figures on standard reducing-balance / compounding assumptions — your actual numbers may vary.
Frequently asked questions
The details worth knowing before you rely on these numbers.
How is EPF calculated?
Each month, 12% of your basic + DA goes to EPF from you and 3.67% from your employer (the employer’s other 8.33% funds the EPS pension). This ~15.67% is invested and earns the EPFO-declared rate, compounding to a corpus. The calculator also grows your salary by your annual hike.
What is the current EPF interest rate?
The EPF rate is declared each financial year by the EPFO. It is currently 8.25% per annum, credited annually, and has historically ranged between about 8% and 8.65%.
Is EPF tax-free?
Yes — EPF has EEE status. Contributions qualify under Section 80C, the interest is tax-free (within limits on very high contributions), and the withdrawal is tax-free after 5 years of continuous service.
How much of my salary goes to EPF?
12% of your basic + DA is deducted as your contribution; your employer adds a matching 12%, of which 3.67% goes to EPF and 8.33% to the Employees’ Pension Scheme (EPS).
Can I withdraw EPF before retirement?
Partial withdrawals are allowed for specific needs (home, medical, education, marriage) after qualifying periods. Full withdrawal before 5 years of service is taxable; after 5 years it is tax-free.
What happens to my EPF when I change jobs?
Transfer it, don’t withdraw it. Your Universal Account Number (UAN) lets you carry the same EPF account to your new employer online, so the balance keeps compounding tax-free. Withdrawing between jobs resets the five-year clock for tax-free withdrawal and breaks the compounding that makes EPF such a strong retirement base.
What is the EPS pension part of my EPF?
Of your employer’s 12% contribution, 8.33% goes to the Employees’ Pension Scheme (EPS) rather than your EPF balance. After at least 10 years of service, EPS pays a monthly pension from age 58. This calculator focuses on the EPF corpus; the EPS pension is separate.
Can I contribute more to EPF through VPF?
Yes. A Voluntary Provident Fund lets you contribute beyond the mandatory 12%, earning the same EPF rate with the same tax treatment — a simple, safe way to build the debt part of your retirement. Note that interest on employee contributions above ₹2.5 lakh in a year is taxable, so very large VPF amounts lose part of the tax-free edge.
Is this EPF calculator free?
Yes — it is free, needs no sign-up, and runs entirely in your browser. Your inputs stay on your device unless you choose to speak with an Apex TechFin advisor.
Explore all our free financial calculators
Bring every part of your money into one view — loan EMIs, SIP returns, retirement, tax and insurance cover. Every tool is free, instant and private.