PF Calculator 2026 – EPF Balance, Interest & Maturity Calculator

EPF / PF Calculator 2026

Calculate PF contribution, interest, EPS pension & final EPF maturity amount

Basic Salary + DA (Monthly ₹) *

PF on basic salary — 12% of Basic + DA per month

Current EPF Balance (₹)

Existing EPF balance (0 if starting fresh)

Years of Service / Investment

20 Yrs

Max PF tenure is until retirement at age 58

EPF Interest Rate (% p.a.)

8.25%

EPFO declared 8.25% for FY 2023-24 (EPF interest rate 2026 expected same)

PF Contribution Type

Statutory ceiling: ₹15,000 basic for PF calculation

Annual Salary Increment (%)

Average annual hike on basic salary (set 0 for flat calculation)

Employee Age (for EPS Pension)

EPS pension is calculated based on years of pensionable service

Monthly PF Contribution Breakup

EMPLOYEE

–

EMPLOYER EPF

–

EPS (Pension)

–

Total Emp. Contribution

–

Total Emp. EPF Share

–

Total Contributions

–

Interest Earned

–

EPF Maturity Amount

–

EPS Pension (Monthly)

–

Contribution vs Interest

–

Interest %

Total Contributed–

Interest Earned–

EPF Balance Growth Chart

Year-wise EPF Balance Breakup

Year	Basic Salary	Annual Contribution	Interest	EPF Balance

Disclaimer: This is an indicative EPF calculation. Actual balance may vary based on exact EPFO rules, salary revisions, interest crediting frequency, and withdrawal history. Verify your actual balance on the EPFO Passbook portal.

PF Contribution Structure 2026

Component	Employee	Employer
EPF Account	12% of Basic	3.67% of Basic
EPS (Pension)	NIL	8.33% of Basic
EDLI Insurance	NIL	0.50% of Basic
Admin Charges	NIL	0.50% of Basic
Total PF Cost	12%	13% of Basic

*PF wage ceiling: ₹15,000/month (statutory). EPS ceiling: ₹15,000/month.
Employer contributes 12% of basic: 8.33% → EPS, 3.67% → EPF.

EPF Interest Rate History

Financial Year	EPF Interest Rate
FY 2023-24	8.25% (Current)
FY 2022-23	8.15%
FY 2021-22	8.10% (40-yr low)
FY 2020-21	8.50%
FY 2019-20	8.50%
FY 2018-19	8.65%
FY 2017-18	8.55%

*EPF interest rate 2026 for FY 2024-25 expected at 8.25%. Final rate announced by EPFO board.

PF in Your ITR?

PF withdrawal taxability, VPF tax benefits under 80C, and correct ITR reporting — our CA experts handle it all for salaried individuals.

File ITR with PF Income 80C Deduction Calculator

Understanding PF / EPF

Key facts every salaried employee in India must know about their provident fund

What is EPF?

Employee Provident Fund (EPF) is a mandatory retirement savings scheme governed by the EPFO. Both employee and employer contribute 12% of basic salary + DA every month under the EPF Act 1952.

Tax Benefits

Employee PF contribution (12%) qualifies for Section 80C deduction (within ₹1.5L limit). VPF contributions also qualify. EPF interest up to ₹2.5L/year is tax-free. Withdrawal after 5 years is fully exempt.

EPF Interest Rate 2026

EPFO declared 8.25% p.a. for FY 2023-24 — the highest in 3 years. Interest is calculated monthly on the running balance but credited annually to the EPF account at year end.

EPS – Pension Scheme

8.33% of employer's 12% goes to Employee Pension Scheme (EPS) — not EPF. EPS provides a monthly pension post-retirement. Maximum pensionable salary for EPS is ₹15,000/month.

📝 Complete Guide

PF Calculator – Complete Guide 2026

Everything a salaried employee needs to know about PF contribution, EPF interest rate, maturity calculation, and EPF new rules 2026

The Basics

What is a PF Calculator and Why Do You Need One?

A PF calculator 2026 is a free online tool that computes your total Employee Provident Fund balance at any point in your career — showing employee contribution, employer EPF contribution, EPS amount, accumulated interest, and the final PF maturity amount. For most salaried employees, EPF is their single largest retirement savings vehicle, yet very few fully understand how their balance compounds over time.

Our free EPF calculator 2026 goes beyond a basic PF contribution calculator — it factors in your current EPF balance, annual salary increment, custom EPF interest rate, VPF top-ups, and years of service to give you a complete picture of your provident fund wealth at retirement. Whether you need a pf calculator for salary of ₹30,000/month or ₹1 lakh/month, this tool handles all salary levels.

Understanding the monthly pf calculation is especially important when evaluating a job offer — a company quoting ₹10 LPA CTC may actually be contributing only ₹3.67% to your EPF while 8.33% goes to EPS. Our pf amount calculator makes all of this visible with complete transparency.

              
              Quick Fact: A person earning ₹30,000 basic salary, contributing to EPF for 25 years at 8.25% interest with a 5% annual increment, will accumulate approximately ₹42.5 lakhs in EPF — over 4× what they directly contributed. Use our EPF maturity calculator 2026 above to see your exact figure.
            

₹30K Basic × 25 Years × 8.25%

₹42.5L

Estimated EPF Maturity

Total Contributed₹22.2L

Interest Earned₹20.3L

Monthly PF (Emp)₹3,600

EPS Pension/mo~₹3,500

PF Calculation Formula

How is PF Calculated on Basic Salary? – The Complete Formula

Understanding pf on basic salary 2026 calculation requires knowing exactly how the 12% is split and how the employer's contribution works. Here is the complete breakdown:

Employee Contribution: 12% of (Basic Salary + Dearness Allowance) goes entirely to the EPF account.
Employer Contribution (Total 12%): Split into two parts — 3.67% to EPF and 8.33% to EPS (Employee Pension Scheme).
Statutory PF Wage Ceiling: Under the statutory limit, PF is calculated on a maximum of ₹15,000/month basic. So minimum employee PF = ₹1,800/month and employer EPF = ₹550.50/month.
Above Ceiling: If basic salary exceeds ₹15,000, the employer may choose to contribute on the actual salary or on ₹15,000 only. Employees can contribute 12% on actual salary regardless.
Interest Calculation: Interest is computed monthly on the closing balance each month and credited annually at the year-end. Formula: Monthly Interest = (Running Balance + Monthly Contribution) × (Annual Rate ÷ 12 ÷ 100).

              
              EPS Note: Employer's 8.33% goes to EPS only up to a salary of ₹15,000/month (max EPS contribution = ₹1,250/month). This EPS amount does NOT earn interest — it builds a pension corpus that provides a monthly pension post-retirement as per the EPS formula.
            

Monthly PF Calculation – ₹30K Basic

Basic Salary₹30,000/mo

Employee PF (12%)₹3,600/mo

Employer EPS (8.33%)₹1,250/mo (cap)

Employer EPF (3.67%)₹1,101/mo

Total Monthly EPF Add₹4,701/mo

Annual EPF Addition₹56,412/yr

EPF Interest (8.25%)+₹4,654/yr

EPF Interest Rate 2026

EPF Interest Rate 2026 – What EPFO Has Declared

The EPF interest rate 2026 remains a critical factor in your provident fund calculator computation. EPFO declared an interest rate of 8.25% per annum for FY 2023-24 — the highest rate in three years and a significant improvement from the 40-year low of 8.10% in FY 2021-22. For FY 2024-25, the rate is widely expected to remain at 8.25% as per EPFO's current projections, making EPF one of the highest-yielding guaranteed return instruments in India.

Key facts about EPF interest rate 2026 and how it works:

Interest is calculated on a monthly running balance basis — each month's closing EPF balance earns monthly interest
The calculated interest is credited to your EPF account annually at the end of March — it does not compound monthly
The EPF interest rate is declared by the EPFO Central Board annually, based on income earned from EPF corpus investments in government securities and bonds
Interest on EPF is tax-free up to ₹2.5 lakh annual contribution (employee + employer combined). Above this, interest is taxable as per Budget 2021 amendment
For VPF contributions above ₹2.5 lakh combined, the interest earned on the excess becomes taxable at your income slab rate

              
              Rate Comparison: EPF at 8.25% vs Bank FD at ~7.0–7.5% vs PPF at 7.1% — EPF offers the best guaranteed return among all major fixed-income instruments for salaried employees, especially with the added Section 80C benefit.
            

EPF Rate vs Other Instruments

EPF (FY 2023-24)8.25%

PPF (Current)7.10%

NSC (5-year)7.70%

Bank FD (5-year)6.50–7.5%

SCSS (Senior)8.20%

EPF AdvantageTax-free!

EPF New Rules 2026

EPF New Rules 2026 – Key Changes Every Employee Must Know

The EPF new rules 2026 bring several important updates that affect your pf withdrawal calculator scenario, tax treatment of EPF interest, and EPFO compliance requirements. Understanding these changes is essential for optimal EPF planning.

Taxable EPF Interest (Budget 2021, effective from FY 2021-22 onwards): EPF interest earned on employee contributions exceeding ₹2.5 lakh per year is now taxable as income from other sources. For employer contributions, there's a separate ₹7.5 lakh annual perquisite limit.
EPFO UAN Linking: As per EPF new rules 2026, UAN must be linked with Aadhaar, PAN, and bank account for seamless online PF withdrawal and transfer. Employees without Aadhaar-linked UAN face delays in online claims.
Higher Pension Eligibility: Following the Supreme Court order, employees who contributed to EPF on actual salary above the ₹15,000 ceiling can opt for higher EPS pension. The joint option deadline has been extended — consult EPFO or a CA for current status.
Automatic PF Transfer: When you change jobs, UAN-linked EPF now transfers automatically. Ensure your new employer updates the UAN on the EPFO portal within 30 days of joining.
EDLI (Insurance) Enhancement: The Employees' Deposit Linked Insurance (EDLI) maximum assurance benefit was enhanced to ₹7 lakh — providing life insurance cover linked to your EPF balance.

VPF – Voluntary PF

VPF lets you voluntarily contribute more than 12% of basic to EPF (up to 100%). Same 8.25% interest, same 80C benefit, same tax-free status up to ₹2.5L/year. Employer's share stays at 12%. Use our pf contribution calculator above to model VPF scenarios.

PF Withdrawal Rules

Full withdrawal: After retirement (age 58) or 2 months unemployment
Partial (Housing): After 5 years, up to 90% for purchase/construction
Partial (Medical): Any time, up to 6× monthly salary
Partial (Marriage/Education): After 7 years, up to 50%

How to Use

How to Use Our Free PF Calculator – Step by Step

Our pf calculator online is India's most comprehensive free EPF tool — covering employee contribution, employer split, EPS pension, VPF top-up, annual increment, and year-wise growth. Here is how to use it:

Enter Your Basic Salary + DA

Enter your current monthly basic salary (plus dearness allowance if applicable). This is the base for pf on basic salary 2026 — 12% of this amount is your monthly employee PF contribution. Our pf calculator for salary works for any amount from ₹5,000 to ₹5 lakh.

Enter Current EPF Balance & Years of Service

If you already have an EPF account, enter the current EPF balance from your EPFO passbook. Set the number of remaining years until retirement (max 35 years). This turns our tool into a true epf balance calculator that projects your future corpus from today.

Set Interest Rate & Contribution Type

Set the EPF interest rate 2026 (currently 8.25%). Choose Statutory (PF on ₹15,000 ceiling), Actual (PF on full basic), or VPF (custom % above 12%). The VPF option makes this a complete pf contribution calculator for voluntary contributions too.

Set Annual Increment & Employee Age

Set your expected annual basic salary hike (5% is average). Enter your current age for the pf pension calculator to estimate your monthly EPS pension at retirement. The tool then runs a complete year-by-year simulation as a proper epf maturity calculator 2026.

Click Calculate – Get Full Breakup

Get monthly contributions (employee, employer EPF, EPS), total accumulated contributions, total interest, final EPF maturity amount, estimated pension, a donut chart, bar chart, and scrollable year-wise table — all in one free pf calculator india tool.

PF Withdrawal

PF Withdrawal Calculator – When & How Much Can You Withdraw?

Our pf withdrawal calculator scenarios help you understand exactly when and how much you can withdraw from your EPF account under EPFO rules:

Full Withdrawal: After retirement (58 years) or 2 months of continuous unemployment — 100% of EPF balance
Housing (Sec 68B): After 5 years, up to 90% of EPF balance for purchase, construction, or home loan repayment
Medical Emergency: Any time, up to 6× monthly salary or your EPF balance, whichever is lower
Marriage/Education: After 7 years, up to 50% of employee's contribution for self, children, or siblings
Natural Calamity: Up to 3× monthly wages or 75% of EPF balance

              
              EPF withdrawal before completing 5 years of continuous service is taxable. TDS at 10% is deducted if PF withdrawal exceeds ₹50,000. Submit Form 15G/15H if income is below taxable limit to avoid TDS.
            

EPS Pension

PF Pension Calculator – How EPS Monthly Pension Is Computed

The pf pension calculator in our tool estimates your monthly EPS (Employee Pension Scheme) pension at retirement. Here is how EPS pension is computed under current EPFO rules:

Monthly EPS Pension = (Pensionable Salary × Pensionable Service) ÷ 70

Pensionable Salary: Average monthly salary in the last 60 months of service, capped at ₹15,000 (unless higher pension option is exercised)
Pensionable Service: Total years of EPS contribution (minimum 10 years for pension; a bonus of 2 years is added for service beyond 20 years)
Minimum EPS Pension: ₹1,000/month (even if formula gives less)
EPS Withdrawal: If you have less than 10 years of service, you can withdraw the EPS corpus instead of taking a pension

Quick Reference

PF Contribution & Maturity Reference – All Salary Levels 2026

The table below shows monthly PF contribution and approximate 20-year EPF maturity for different basic salary levels at 8.25% interest with 5% annual increment. Use this alongside our epf calculator 2026 for quick comparisons:

Basic Salary/mo	Emp PF/mo	Employer EPF/mo	Total EPF/mo	EPS/mo	~20yr Maturity
₹15,000	₹1,800	₹550	₹2,350	₹1,250	~₹19.5L
₹20,000	₹2,400	₹734	₹3,134	₹1,250	~₹26.0L
₹30,000	₹3,600	₹1,101	₹4,701	₹1,250	~₹39.2L
₹50,000	₹6,000	₹1,835	₹7,835	₹1,250	~₹65.4L
₹75,000	₹9,000	₹2,753	₹11,753	₹1,250	~₹98.1L
₹1,00,000	₹12,000	₹3,670	₹15,670	₹1,250	~₹1.31Cr

          
          Values above assume 12% employee contribution, actual salary (no ceiling cap), 8.25% EPF interest rate 2026, and 5% annual increment. EPS contribution is capped at ₹1,250/month regardless of salary. For your personalised pf calculator india result, use the free tool at the top of this page.
        

Frequently Asked Questions

Common questions about PF calculation, EPF rules, and retirement planning

The EPFO declared an EPF interest rate of 8.25% for FY 2023-24 — the highest in three years. As per EPF new rules 2026, the rate for FY 2024-25 is expected to remain at 8.25%, subject to the EPFO Central Board's annual announcement. This rate is applied monthly on the running balance and credited annually to your EPF account. At 8.25%, EPF offers the best guaranteed return among all major fixed-income instruments for salaried employees in India.

The monthly PF calculation works as follows: Employee contributes 12% of Basic Salary + DA to EPF. Employer contributes 12% of Basic + DA split into 3.67% to EPF + 8.33% to EPS. For pf on basic salary 2026, the statutory wage ceiling is ₹15,000/month — minimum PF = ₹1,800/month each from employee and employer. For salaries above ₹15,000, the employer may choose to contribute on the actual salary or on ₹15,000 only. Use our free pf calculator for salary tool above for your exact monthly figures.

EPF (Employee Provident Fund) is your retirement savings account — both you (12%) and your employer (3.67%) contribute to it, and it earns 8.25% interest. You receive the full EPF corpus as a lump sum at retirement or withdrawal. EPS (Employee Pension Scheme) receives 8.33% from the employer's 12% share — this does NOT earn interest but funds your monthly pension post-retirement. EPS pension is computed as (Pensionable Salary × Service Years) ÷ 70. Our pf pension calculator above estimates both your EPF maturity and EPS monthly pension.

Full PF withdrawal is allowed after retirement (age 58) or after 2 months of continuous unemployment. Partial withdrawals are permitted: for housing (after 5 years of service, up to 90%), medical emergency (any time, up to 6× monthly salary), marriage or education (after 7 years, up to 50%), and natural calamity (up to 75% of balance). Use our pf withdrawal calculator above — select the withdrawal scenario and see how much your balance reduces and what remains for retirement. Remember: withdrawal before 5 years of service attracts TDS.

VPF (Voluntary Provident Fund) allows you to contribute more than the mandatory 12% of your basic salary to your EPF account — up to 100% of basic salary. VPF earns the same 8.25% interest as EPF, qualifies for Section 80C deduction (within the ₹1.5L limit), and is tax-free up to ₹2.5L total annual EPF + VPF contribution. The employer's share stays at 12% and is not affected by VPF. Our pf contribution calculator above supports VPF — select "VPF" type and set your custom % to model the higher contribution scenario.

EPF withdrawal is completely tax-free if you have completed 5 years of continuous service. If withdrawn before 5 years, the amount is taxable as salary income and TDS at 10% is deducted by EPFO if the amount exceeds ₹50,000. Submit Form 15G or 15H to avoid TDS if your total income is below the taxable limit. Additionally, as per EPF new rules 2026, interest on EPF contributions above ₹2.5 lakh per year is now taxable as income from other sources — report this in your ITR. Our tax experts can help with correct ITR filing for PF income.

You can check your EPF balance through multiple methods: (1) EPFO Member Passbook Portal at passbook.epfindia.gov.in — log in with UAN and password; (2) SMS — send EPFOHO UAN ENG to 7738299899; (3) Missed Call — give a missed call to 011-22901406 from your registered mobile; (4) UMANG App — download UMANG and access EPFO services; (5) EPFO Portal — epfindia.gov.in → Services → For Employees. Our epf balance calculator above uses your current balance as a starting point to project future EPF corpus.