Employee Provident Fund (EPF) Calculator
epf calculator. Get instant, accurate results. Enter values for instant results with step-by-step formulas.
Formula
Employee: 12% of basic | Employer EPF: 3.67% of basic | Employer EPS: 8.33% (to pension) | Compounds monthly
Both employee and employer contribute 12% of basic salary. Of the employer's 12%, 3.67% goes to EPF and 8.33% to EPS (Employee Pension Scheme, capped at ₹15,000 basic). Interest is compounded monthly.
Frequently Asked Questions
What is the difference between EPF and PPF?
EPF is for salaried employees with mandatory employer contribution and current rate of 8.25%. PPF is voluntary, open to all Indian residents, with a 15-year lock-in and current rate of 7.1%. Both offer Section 80C deductions and EEE tax benefits.
Can I use Employee Provident Fund (EPF) Calculator on a mobile device?
Yes. All calculators on NovaCalculator are fully responsive and work on smartphones, tablets, and desktops. The layout adapts automatically to your screen size.
Is Employee Provident Fund (EPF) Calculator free to use?
Yes, completely free with no sign-up required. All calculators on NovaCalculator are free to use without registration, subscription, or payment.
Is my data stored or sent to a server?
No. All calculations run entirely in your browser using JavaScript. No data you enter is ever transmitted to any server or stored anywhere. Your inputs remain completely private.
Can I share or bookmark my calculation?
You can bookmark the calculator page in your browser. Many calculators also display a shareable result summary you can copy. The page URL stays the same so returning to it will bring you back to the same tool.
How accurate are the results from Employee Provident Fund (EPF) Calculator?
All calculations use established mathematical formulas and are performed with high-precision arithmetic. Results are accurate to the precision shown. For critical decisions in finance, medicine, or engineering, always verify results with a qualified professional.