Calculate Employee Provident Fund corpus and returns
EPF Calculator is a comprehensive financial calculator designed to help you calculate employee provident fund corpus and returns. Planning finances requires absolute precision; this calculator provides instant accurate projections for EMIs, compounding, loans, and investment portfolio returns.
Each month the calculator adds your 12% employee share and the 3.67% employer share of basic salary (plus DA) to the balance, then adds interest at 8.15% a year on a monthly basis. Salary grows by your chosen annual increment, and the corpus is projected up to retirement at age 58.
Of the employer 12%, about 3.67% goes to your EPF account and the remaining 8.33% goes to the Employees Pension Scheme (EPS). This calculator credits 3.67% of basic salary to EPF. In practice, EPS is calculated on wages up to a ceiling, so your actual split may differ. Check your payslip and passbook.
It uses a fixed 8.15% a year. The EPF rate is declared by the government each financial year and can change, so it does not match every year. It also does not fetch live data, so compare with the latest rate declared by EPFO before relying on the projected corpus.
Enter your monthly basic salary plus dearness allowance (DA), since EPF contributions are based on that and not on your full CTC or gross pay. For example, if basic plus DA is ₹50,000, your employee contribution is 12% of it, which is ₹6,000 per month, before any increment.
EPF is linked to employment: both you and your employer contribute a percentage of salary. PPF is a voluntary savings scheme you open yourself, with a yearly deposit limit and a 15-year term. Interest rates and tax rules differ for each. Use the EPF and PPF calculators to compare projections.
No. It projects a corpus assuming contributions continue every month until age 58, with no withdrawals, job gaps or tax. In real life, partial withdrawals, career breaks and tax rules on interest can change the result. Treat the figure as an estimate, not a guarantee.
No. Toolskyt operates under a zero-server policy. All calculations, data formatting, and file exports are executed locally on your machine.
No, this tool is 100% free. There are no limits, sign-ups, subscriptions, or hidden charges required.
A reducing interest rate means interest is charged only on the remaining outstanding principal balance at the end of each period, rather than the initial loan amount.