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EPF / 8.25% / INDIA

EPF calculator

Project your Employees' Provident Fund balance at retirement from your basic salary, pay rises and the 8.25% EPF interest rate, with the employer's EPF and EPS split.

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Your details

01Salary

EPF balance at retirement

₹48,50,982

at age 58, after 28 years at 8.25%

Your contributions
₹10,08,000
Employer contributions to EPF
₹3,08,112
Interest earned
₹35,34,870
Employer contributions to EPS (pension)
₹6,99,888
  • This month: you pay ₹3,000; your employer pays ₹917 into EPF and ₹2,083 into the Employees' Pension Scheme (8.33% of basic up to ₹25,000 a month). EPS builds a monthly pension, not your EPF balance.
  • Interest is credited once a year on the monthly running balance (EPF Scheme, 1952, para 60). 8.25% is assumed every year; the rate for 2025-26 is 8.25%, and it is declared afresh each year.
  • The wage ceiling is ₹25,000 a month from 17 September 2026 (it was ₹15,000). Contributions on higher pay are optional for employer and employee; the calculator assumes the ceiling stays where it is.
  • Starting basic ₹30,000 a month. Withdrawals, job changes without transfer and the tax on interest on employee contributions above the yearly limit are not modelled.

EPF balance at retirement: ₹48,50,982 at age 58, after 28 years at 8.25%

What builds your EPF
Show the breakdownAmount
Your contributions (12%)₹10,08,000
Employer's contributions to EPF₹3,08,112
Interest₹35,34,870
EPF balance at retirement₹48,50,982
Employer's contributions to EPS (not in EPF)builds your pension instead₹6,99,888
EPF balance at retirement
73%TAKE-HOME
  • Your contributions₹10,08,00021%
  • Employer contributions₹3,08,1126%
  • Interest₹35,34,87073%

EPF balance year by year

AgeContributionsInterestBalance
31₹47,004₹1,777₹48,781
32₹47,004₹5,802₹1,01,587
33₹47,004₹10,158₹1,58,749
34₹47,004₹14,874₹2,20,627
35₹47,004₹19,979₹2,87,610
36₹47,004₹25,505₹3,60,119
37₹47,004₹31,487₹4,38,610
38₹47,004₹37,963₹5,23,577
39₹47,004₹44,972₹6,15,553
40₹47,004₹52,560₹7,15,117
41₹47,004₹60,774₹8,22,895
42₹47,004₹69,666₹9,39,565
43₹47,004₹79,291₹10,65,860
44₹47,004₹89,711₹12,02,575
45₹47,004₹1,00,990₹13,50,569
46₹47,004₹1,13,199₹15,10,772
47₹47,004₹1,26,416₹16,84,192
48₹47,004₹1,40,723₹18,71,919
49₹47,004₹1,56,211₹20,75,134
50₹47,004₹1,72,976₹22,95,114
51₹47,004₹1,91,124₹25,33,242
52₹47,004₹2,10,770₹27,91,016
53₹47,004₹2,32,036₹30,70,056
54₹47,004₹2,55,057₹33,72,117
55₹47,004₹2,79,977₹36,99,098
56₹47,004₹3,06,953₹40,53,055
57₹47,004₹3,36,154₹44,36,213
58₹47,004₹3,67,765₹48,50,982

₹48,50,982

at age 58, after 28 years at 8.25%

How it's calculated

Every month you contribute 12% of your basic pay plus dearness allowance to the Employees' Provident Fund, and your employer contributes another 12%. Of the employer's share, 8.33% of wages up to the ceiling goes to the Employees' Pension Scheme (EPS), which pays a pension and does not add to your EPF balance; the rest goes into your EPF. The wage ceiling rose from ₹15,000 to ₹25,000 a month on 17 September 2026, so at most ₹2,083 a month now goes to EPS.EPFO

The calculator adds these contributions month by month, raises your basic once a year by the pay rise you enter, and credits interest at the end of each year.

The formula

Monthly EPF credit = 12% × wages (you) + (12% × wages − 8.33% × min(wages, ₹25,000)) (employer), where wages are basic + DA, limited to ₹25,000 unless contributions are made on full pay.

Yearly interest (EPF Scheme, 1952, paragraph 60): the opening balance earns a full year's interest, and each month's contribution earns interest from the following month to 31 March. The total is rounded to the rupee and credited at year end.EPFO

The interest rate is 8.25% for 2025-26, the same as for 2024-25.Press Information Bureau

Worked example

On a basic of ₹30,000 a month at age 30, rising 5% a year, with contributions on basic up to ₹25,000, your EPF at 8.25% could reach ₹48,50,982 by 58. Of that, ₹35,34,870 is interest.

₹30,000 basic at 30, 5% pay rises, 8.25%EPF / 8.25% / INDIA
LineAmount
Your contributions (12%)₹10,08,000
Employer's contributions to EPF₹3,08,112
Interest₹35,34,870
EPF balance at retirement₹48,50,982
Employer's contributions to EPS (not in EPF)₹6,99,888

If you and your employer contribute on your full basic instead, the balance at 58 grows to ₹1,19,98,636.

Assumptions and limitations

  • One interest rate for every year. The rate is declared each year and has varied.
  • The ₹25,000 ceiling stays the same. If it is raised again, capped contributions will rise too.
  • No withdrawals or gaps, and every job change is followed by a transfer of the balance.
  • EPS pension is not projected. It depends on pensionable salary and service, not on a balance.
  • Tax is not deducted. Interest on your own contributions above the yearly limit is taxable, and early withdrawals can be taxed.
FAQ

Questions people ask

What is the EPF interest rate?

8.25% a year for 2025-26, the same as for 2024-25. The Central Board of Trustees of EPFO recommends the rate after each financial year and the Government approves it, and EPFO then credits interest to members' accounts. The rate can change from year to year, so long projections should use a range of rates.

How much of my employer's contribution goes to my EPF?

Your employer contributes 12% of basic plus DA, but 8.33% of the wage up to the ceiling goes to the Employees' Pension Scheme, which pays a pension rather than building your EPF balance. With the ceiling at ₹25,000 a month from 17 September 2026, at most ₹2,083 a month goes to EPS, and the rest of the employer's share goes into your EPF.

What is the EPF wage ceiling?

₹25,000 a month from 17 September 2026, raised from ₹15,000. Employers must contribute on wages up to this amount, and employees and employers may agree to contribute on higher pay. Employees joining with wages above the ceiling can choose not to join, and if they do join they are not members of the pension scheme.

How is EPF interest calculated?

On the monthly running balance, credited at the end of the financial year. The opening balance earns interest for the full year, and each month's contribution earns interest from the month after it is credited until 31 March, as set out in paragraph 60 of the EPF Scheme, 1952. Total interest is rounded to the nearest rupee.

Is EPF interest taxable?

Interest on your account is tax-free in general, but interest on the part of your own yearly contributions above a set limit is taxable each year. The employer's contribution is not taxed as long as all retirement contributions by the employer stay within the annual limit. A withdrawal before five years of continuous service can also be taxed.

Sources

  1. EPFOFAQs on enhancement of EPF wage ceiling to ₹25,000 (September 2026) · retrieved 2026-10-20
  2. EPFOEmployees' Provident Funds Scheme, 1952 (Para 60: interest) · retrieved 2026-10-20
  3. Press Information Bureau239th CBT meeting: EPF interest rate for 2025-26 (2 March 2026) · retrieved 2026-10-20
  4. Ministry of Labour and EmploymentFAQs on the Labour Codes (30 December 2025) · retrieved 2026-10-20

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How every figure is checked: methodology.