EPF & EPS Calculator

Estimate your EPF growth, employer/employee contributions, and pension projection with Fundulator’s smart EPF calculator.

When enabled, 8.33% of employer share (max ₹1250/month) goes to EPS; rest to EPF.

EPF interest rate is declared annually by EPFO and cannot be changed by the employee.

⚙️ Advanced Settings

💡 Add your current EPF balance and include expected salary growth for more realistic results.

Projected EPF Corpus ₹0
Total Employee Contributions₹0
Total Employer → EPF₹0
Total Interest Earned₹0
⚠️ EPF tax note (2026 rules): If your employee EPF contribution exceeds ₹2.5L/year (Private) or ₹5L/year (Govt), then interest earned on the excess contribution is taxable as per income tax rules. Employer contributions beyond ₹7.5L/year (EPF+NPS+Superannuation combined) are also taxable.

⚠️ Disclaimer: Results are indicative. Please refer to EPFO notifications and official guidelines for final eligibility, interest rates, and withdrawal rules.

Year-wise Projection

Year Age Basic+DA (annual) Employee (annual) Employer →EPF Employer →EPS Interest EPF Corpus EPS Accumulated

💡 EPF & EPS Calculator Insights

Understand how your Employee Provident Fund grows and plan your retirement corpus effectively.

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Dual Contribution Benefit

EPF includes a 12% employee contribution and a 12% employer contribution. If enrolled in EPS, out of the employer’s share, 8.33% (up to ₹1,250/month on ₹15,000 salary cap) goes to EPS, and the remaining portion goes to EPF.

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Compound Interest Power

EPF interest is calculated monthly and credited annually at a government-declared rate (currently ~8.25% p.a.), making it a stable long-term retirement instrument.

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EPS Pension Scheme

EPS provides a monthly pension after age 58, based on pensionable salary (capped at ₹15,000) and service years. Maximum pension is ₹7,500/month, with 2 bonus years added if service exceeds 20 years.

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VPF - Extra Contribution

You can contribute more than 12% via VPF and earn the same EPF interest rate. However, interest on employee contributions exceeding ₹2.5 lakh per year (₹5 lakh for government employees) is taxable as per income tax rules.

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Salary Growth Impact

Enable "Salary Growth" to see how annual increments boost your EPF corpus. Even 6% annual growth can significantly increase your retirement savings.

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Year-wise Breakdown

Track your EPF accumulation year-by-year with detailed tables showing contributions, interest earned, and corpus growth for better retirement planning.

❓ Frequently Asked Questions (FAQ)

💼 What is EPF?

The Employees’ Provident Fund is a government-backed retirement savings scheme for salaried employees, with contributions from both employer and employee.

📈 What is EPS?

The Employees’ Pension Scheme (EPS) provides a monthly pension post-retirement, EPS is funded by 8.33% of the employer’s contribution, subject to a salary cap of ₹15,000 per month.

📊 How is EPF interest calculated?

EPF interest is calculated on a monthly running balance and credited to the account at the end of the financial year at the rate declared by EPFO.

🏦 Can I withdraw EPF before retirement?

Yes, partial withdrawals are allowed under certain conditions such as home purchase, education, or medical emergencies.

💰 How is EPS pension determined?

EPS Pension = (Average of last 5 years’ Basic + DA × Service Years) ÷ 70. Maximum monthly pension is ₹7,500. EPS pension is available only if service is at least 10 years. If service is less than 10 years, EPS can be withdrawn as a lump sum after 3 years from exit.

📅 Is EPF better than PPF?

EPF is employer-linked and includes matched contributions, while PPF is voluntary with fixed interest and 15-year lock-in. EPF generally builds a larger corpus for salaried individuals.