✅ Free Tool — EPF Interest Rate 8.25% (FY 2024-25)
PF / EPF Calculator India 2026 — Employee & Employer Contribution + Retirement Corpus
Calculate your monthly EPF deduction, employer PF + EPS split, VPF contribution, and projected EPF corpus at retirement with year-by-year growth chart.
EPF Contribution Rates: Employee = 12% of Basic + DA. Employer = 12% split as 3.67% → EPF account + 8.33% → EPS pension (capped ₹1,250/month). Current EPF interest rate = 8.25% p.a. (FY 2024-25). Tax-free on withdrawal after 5 years of continuous service.
Your EPF Details
₹5K₹2 L
0%88% (max)
Corpus Projection
1857
5060
0%20%
7%10%
Current official rate: 8.25% p.a. (FY 2024-25, EPFO declared). Interest is calculated monthly and credited annually.
EPF Corpus at Retirement
₹0
Total Contributed
₹0
Interest Earned
₹0
💰 Monthly Contribution Breakdown
Based on current basic
Employee PF (12% of basic)Deducted from your salary
—
Employer → EPF Account (3.67%)Goes to your EPF balance
—
Employer → EPS Pension (8.33%)Pension fund — capped ₹1,250/mo
—
Your Total Monthly EPF Deduction
—
Total Monthly EPF Credit(your account balance grows by)
—
Employer's 12% — How It Splits
EPF (3.67%) → your account
EPS (8.33%) → pension
📈 EPF Corpus Growth — Year by Year
📊 EPF Interest Rate History — Last 10 Years
EPF interest rates declared by EPFO. The rate is announced by the government each year and credited to accounts in March/April.
| Financial Year | EPF Interest Rate | Change |
|---|---|---|
| FY 2024-25 | 8.25% | — |
| FY 2023-24 | 8.25% | ↑ +0.10% |
| FY 2022-23 | 8.15% | ↓ −0.35% |
| FY 2021-22 | 8.10% | ↓ −0.40% (40-yr low) |
| FY 2020-21 | 8.50% | ↓ −0.15% |
| FY 2019-20 | 8.50% | — same |
| FY 2018-19 | 8.65% | ↑ +0.10% |
| FY 2017-18 | 8.55% | ↓ −0.25% |
| FY 2016-17 | 8.80% | ↓ −0.75% |
| FY 2015-16 | 8.80% | — same |
🔓 EPF Partial Withdrawal Rules — When You Can Withdraw
You don't have to wait until retirement. EPF allows partial withdrawals (advances) for specific purposes:
House Purchase / Construction
🔒 5 years service
Up to 36× monthly wages. Property must be in your or spouse's name.
Medical Emergency
✅ No lock-in
Up to 6× monthly wages or employee's share with interest — whichever is less. For self, spouse, parents, children.
Marriage
🔒 7 years service
Up to 50% of employee's EPF share. For self, sibling, or child's marriage. Maximum 3 times in service.
Education
🔒 7 years service
Up to 50% of employee's EPF share. For post-matriculation education of self or child.
Home Loan Repayment
🔒 10 years service
Up to 90% of EPF balance. Property must be jointly owned with spouse.
Unemployment (COVID / others)
✅ After 1 month jobless
75% of balance after 1 month unemployment. Remaining 25% after 2 months or on new employment.
📖 How to Use This EPF Calculator
- Enter Basic + DAEnter your monthly basic salary plus Dearness Allowance from your salary slip. PF is calculated only on Basic + DA, not on gross salary or HRA.
- Set VPF if applicableIf you contribute more than the mandatory 12%, enter the additional percentage. VPF earns the same 8.25% as EPF and qualifies for 80C deduction.
- Set Age & IncrementEnter your current age and retirement age to project the corpus. Annual salary increment increases contributions over time — set it to your expected raise percentage.
- Read ResultsSee monthly deductions, employer split, EPF vs EPS breakdown, projected retirement corpus, interest earned, and year-by-year growth chart.
✅ Why Use This Calculator
🔀
EPF vs EPS Split
Shows exactly how employer's 12% splits — 3.67% to your account vs 8.33% to pension.
📶
VPF Support
Add voluntary contributions to see the corpus boost from investing more.
📈
Salary Increment
Models salary growth — as basic increases, PF contributions grow automatically.
📊
Year-by-Year Chart
Visual corpus growth showing compounding effect over your career.
🔓
Withdrawal Guide
Complete list of when and how much you can withdraw before retirement.
🔒
100% Private
No data stored. Runs entirely in your browser.
❓ PF / EPF — Frequently Asked Questions
What is the EPF contribution rate in India?
Employee contributes 12% of basic salary + DA to EPF. Employer also contributes 12%, split as: 3.67% to the employee's EPF account + 8.33% to EPS (Employee Pension Scheme, capped at ₹1,250/month). Employer additionally pays 0.5% EDLI (insurance) and 0.5% admin charges — these are over and above 12%. If basic salary exceeds ₹15,000/month, PF is calculated on ₹15,000 unless both employer and employee agree to contribute on actual salary.
What is the current EPF interest rate?
The EPF interest rate for FY 2024-25 is 8.25% per annum, as declared by EPFO. This is the same as FY 2023-24. Interest is calculated monthly on the closing balance and credited to accounts annually, typically in March or April. The rate is among the highest guaranteed returns available for a safe investment in India.
What is VPF and how is it different from EPF?
VPF (Voluntary Provident Fund) allows employees to contribute beyond the mandatory 12% — up to 100% of basic + DA. VPF goes into the same EPF account and earns the same 8.25% interest. Additional VPF contributions qualify for Section 80C deduction. The employer is not required to match VPF contributions. You can start or stop VPF by informing HR at the start of the financial year.
When is EPF withdrawal tax-free?
EPF is completely tax-free if withdrawn after 5 continuous years of service with the same employer. If you withdraw before 5 years: TDS at 10% is deducted (34.606% without PAN), and the amount is added to your taxable income. Transfers to a new employer's EPF account do not break the 5-year continuity. Withdrawal due to ill health or employer shutdown is exempt even before 5 years.
What happens to EPF if I change jobs?
When you change jobs, you have 3 options: (1) Transfer EPF online using UAN (Universal Account Number) — recommended. The 5-year lock-in continues from original joining date. (2) Keep the old account inactive — earns interest but no contributions. (3) Withdraw — only recommended if unemployed for 2+ months. Transferring is always best as it preserves the 5-year tax benefit and EPS pension eligibility.
What is EPS and will I get a pension?
EPS (Employee Pension Scheme) is funded by 8.33% of employer's PF contribution (capped at ₹1,250/month). To receive monthly pension at age 58, you need minimum 10 years of EPF membership. Pension formula: (Pensionable Salary × Pensionable Service) / 70. Pensionable salary = average of last 60 months' basic (capped at ₹15,000). Maximum EPS pension ≈ ₹7,500/month. You can withdraw EPS (called scheme certificate) if service is less than 10 years.
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