Find out how much your Employee Provident Fund will grow by the time you retire at 58. Includes both employee and employer contributions with compound interest.
Corrected 29 August 2026. An earlier version of this page excluded target variable pay from both received cash and taxable salary, which understated income tax. Figures are recalculated under model PS-A3. What changed →
Short answer: EPF earns 8.25% a year on a combined 24% of your basic salary (12% you, 12% employer), capped at ₹15,000 basic. A 25-year-old with ₹30,000 basic and 5% annual raises reaches about ₹1.39 crore by 58 — and roughly three-quarters of that is interest, not contribution.
EPF rate: 8.25% (FY 2025-26 and FY 2026-27) | Retirement age: 58 | Both employee (12%) + employer (12%) = 24% of Basic (capped at ₹15,000)
Rates and slabs are indicative, as of August 2026
EPF is the most powerful retirement tool most Indians ignore. Your employer deposits 12% of your basic salary into your PF account every month, and you contribute another 12%. This 24% combined contribution earns 8.25% compound interest — higher than most FDs and completely tax-free at withdrawal after 5 years.
The magic of EPF is time. A 25-year-old earning ₹30,000 basic salary with 5% annual raises will accumulate over ₹1 crore in PF by age 58. Most of that (60-70%) comes from interest, not contributions. Starting 10 years later at 35 cuts the corpus by more than half.
PF is calculated on Basic Salary + Dearness Allowance (DA). For most private sector employees, the statutory limit is ₹15,000 — meaning PF is calculated on ₹15,000 even if your basic is higher. However, many companies voluntarily calculate PF on the full basic. Check your salary slip to see which applies to you. This calculator uses the ₹15,000 cap as default.
| Year | Rate |
|---|---|
| FY 2025-26 and FY 2026-27 | 8.25%[src] |
| FY 2024-25 | 8.25% |
| FY 2023-24 | 8.25% |
| FY 2022-23 | 8.15% |
| FY 2021-22 | 8.10% |
| FY 2020-21 | 8.50% |
Related: Salary Calculator | EPF Withdrawal Rules | PPF Calculator | NPS Guide
The official pages this page is checked against. If one of them disagrees with us, it wins.
Written and checked by the PaisaSamajh editorial desk · Last reviewed: 24 August 2026 · How we check this →