Calculate your Employee Provident Fund corpus at retirement. See how employee (12%) and employer (3.67%) contributions compound at 8.15% interest.
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Calculate EPF Corpus
EPF earns 8.25% p.a. (FY 2025-26). Many employers delay deposits — use these tools to verify your balance, passbook, and claim status.
| Provider | Type | Why pick this | |
|---|---|---|---|
EPF EPFO Member Portal6.5 Cr+ active accounts | Official | Check balance · download passbook · file claims | Login EPFO |
UMG UMANG App4 Cr+ downloads | Government | EPF + 100s of govt services in 1 app | Download UMANG |
EPB EPF Passbook | Official | Download monthly contribution passbook | Get Passbook |
Returns based on government-declared rates and historical performance. Affiliate links — we may earn a commission at no cost to you.
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Estimated EPF corpus for different basic salaries over a 30-year career. Contributions: employee 12% + employer 3.67% of basic (the employer's remaining 8.33% goes to EPS pension). Salary assumed to grow 5% annually.
| Basic Salary (Monthly) | After 10 Years | After 20 Years | After 30 Years |
|---|---|---|---|
| ₹15,000 | ₹4.9L | ₹17.6L | ₹46.8L |
| ₹25,000 | ₹8.1L | ₹29.4L | ₹78.0L |
| ₹40,000 | ₹13.0L | ₹47.0L | ₹1.25Cr |
| ₹60,000 | ₹19.5L | ₹70.5L | ₹1.87Cr |
| ₹1,00,000 | ₹32.5L | ₹1.17Cr | ₹3.12Cr |
Approximate figures: 15.67% of basic contributed monthly, 8.25% interest compounded annually, 5% yearly salary growth. Adding VPF (voluntary contributions beyond 12%) at the same rate can multiply the corpus significantly — use the calculator above for your exact numbers.
EPF (Employee Mandatory): Baseline retirement savings with employer match. Rs 50L salary (basic), 12% employee + 3.67% employer = 15.67% total annual contribution = Rs 7.83L/year invested. At 8.15% returns over 30 years = Rs 3.2 crore corpus, fully tax-free. Best part: employer contributes 3.67% for free (no such match in PPF or NPS).
VPF (Voluntary, Same EPF Account): Boost EPF with additional voluntary contributions up to 100% of basic + DA. Example: Add Rs 3L/year VPF (beyond mandatory Rs 3L EPF). Total Rs 6L/year at 8.15% = Rs 4.8 crore over 30 years. Only constraint: interest above Rs 2.5L/year taxable. For high earners, VPF is the best tax-efficient debt instrument.
PPF (Voluntary, 15-Year Lock-in): Max Rs 1.5L/year, 7.1% returns = Rs 55 lakh after 15 years. Then extend another 15 years = Rs 2.2 crore (lower than EPF/VPF due to lower rate). Tax-free. Best for: non-salaried, self-employed, or salaried wanting parallel retirement savings.
NPS (Market-Linked, Self-Directed): Contribute up to Rs 2L/year (employee) + Rs 2L (employer optional) = Rs 4L/year. Historical 12% CAGR = Rs 6.5 crore over 30 years BUT: 20% on gains above Rs 5L indexed to inflation is taxable. Also: mandatory annuitization of 40% at retirement (lower flexibility). Best for: those comfortable with equity, wanting growth over safety.
Winning Strategy for Rs 50L Basic Salary: Maximize EPF Rs 3L + VPF Rs 3L = Rs 6L/year → Rs 4.8 crore guaranteed, tax-efficient. Add NPS Rs 2L/year for equity growth. Add PPF Rs 1.5L/year if surplus. Total retirement corpus = Rs 6.5+ crore by age 58.
Full Withdrawal at Retirement (Age 58+, Tax-Free): Entire EPF corpus (employee + employer + interest) withdrawable. Rs 3.2 crore EPF → fully tax-free (no income tax, no TDS, no GST). Zero documentation. Receives within 10 days to bank account. This is the ideal scenario: work 30 years, receive corpus tax-free at retirement.
Partial Withdrawal Before 58 (Taxable if Service < 5 Years): Allowed for marriage, medical emergency, higher education, home purchase. Example: withdraw Rs 20L at age 35 (only 10 years service = less than 5 continuous) = Rs 20L taxed as salary income at 30% slab = Rs 6L tax. Instead, if 5+ continuous years, same withdrawal = completely tax-free. Takeaway: avoid partial withdrawal before 5 years of service.
Exit on Job Change (Within 30 Days, Reinvest to New Employer): If you change jobs, EPF balance can be transferred to new employer's account automatically (UAN linked). No tax, no withdrawal. Keep all money invested continuously. Avoid: breaking the chain by withdrawing to personal account and reinvesting = attracts TDS/tax. New employer EPF account = seamless transfer.
Withdrawal on Unemployment (2+ Months): If jobless beyond 2 months, can withdraw entire EPF. Tax treatment depends on service length (same as retirement rule: tax-free if 5+ years service). But: breaking continuous service may attract tax. Better: try to get re-employed quickly within 2 months to avoid withdrawal.
Example 1: Rs 30L Basic Salary (Junior Manager, Age 25-55, 30 Years): Mandatory EPF = Rs 1.8L/year + VPF Rs 2L = Rs 3.8L/year × 30 years at 8.15% = Rs 2.1 crore. Employer contribution = Rs 1.1L/year bonus = Rs 0.9 crore extra (total Rs 3 crore). Plus: Rs 1.5L/year PPF = Rs 65 lakh. Total retirement corpus = Rs 3.65 crore.
Example 2: Rs 50L Basic Salary (Senior Manager, Age 30-60, 30 Years): Mandatory EPF = Rs 3L/year + VPF Rs 3L (hit limit) = Rs 6L/year × 30 years at 8.15% = Rs 4.8 crore. Employer = Rs 1.83L/year × 30 = Rs 1.8 crore. NPS Rs 2L/year at 12% CAGR = Rs 2.1 crore. Total = Rs 8.7 crore (enough for Rs 3-4L/month spending in retirement).
Example 3: Rs 15L Basic Salary (Mid-Career, Age 28-58, 30 Years, No VPF): Only mandatory EPF = Rs 0.9L/year × 30 = Rs 0.6 crore. Employer Rs 0.55L/year = Rs 0.4 crore. Plus PPF Rs 1.5L/year = Rs 65 lakh. Plus NPS Rs 1L/year = Rs 0.7 crore. Total = Rs 2.35 crore (moderate, allows Rs 80K/month spending). VPF addition of Rs 1L/year would boost by Rs 1.5 crore.
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EPF (Employee Provident Fund) is mandatory for employees earning up to ₹15,000/month at establishments with 20+ workers. Both employer and employee contribute 12% of basic salary.
EPF interest rate for FY 2023-24 is 8.15% per annum. The EPFO Board recommends the rate each year, subject to government approval.
The entire EPF balance (employee + employer contributions + interest) can be withdrawn tax-free if you have 5+ years of continuous service.
Employee contributes 12% to EPF. Employer contributes 12% — but only 3.67% goes to EPF; the remaining 8.33% goes to EPS (Employee Pension Scheme), which provides pension but has lower corpus.
EPF interest rate for FY 2023-24 is 8.15% p.a. The rate is set annually by the EPFO Central Board of Trustees. Historical rates: 8.50% (FY22), 8.10% (FY21), 8.50% (FY20). Rates have ranged from 8.1-8.65% over the past decade. The EPF calculator uses the current rate as default but allows adjustment for projections.
EPF is mandatory for covered employees and gives 8.15% - higher than PPF 7.1%. Both have EEE tax status at maturity. Key difference: EPF has your employer contributing an additional 12% of basic. PPF has no employer contribution. For salaried employees, maximize EPF via VPF first, then add PPF for additional tax-free savings.
Full EPF withdrawal is allowed only on retirement at age 58 or after 2 months of unemployment. Partial withdrawals are allowed for medical emergencies, home purchase, education, or marriage with specific conditions. Tax rule: EPF withdrawal is tax-free only if you have completed 5 continuous years of service. Withdrawal before 5 years is taxable as salary income.
VPF (Voluntary Provident Fund) lets you contribute beyond the mandatory 12% of basic to your EPF account - up to 100% of basic + DA. VPF earns the same 8.15% EPF rate, gets EEE tax treatment under the Rs 2.5L/year limit for tax-free interest, and requires no additional paperwork. If you want safe, tax-free debt returns above 8%, VPF is the best instrument for salaried employees.
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