See how this online EPF calculator works - just watch this quickly. In this video, we provided step-by-step guidance that helps you better understand and easily use it to calculate your retirement fund. So Come and Let’s Take A Look at our Demo Video .
Securing your financial future is essential, and understanding your Employee Provident Fund (EPF) contributions is a key component of this process. Our EPF Calculator is designed to help you easily estimate your EPF savings and visualize how your contributions grow over time.
Calculation of Provident Fund (PF) contribution is essential for understanding how much you are saving for your future. Typically, 12% of your basic salary plus dearness allowance (DA) is deducted as Employee Contribution towards the EPF. Also, the Employer Contribution is 12% of your basic salary and DA. However, only 3.67% of this goes into your EPF account, while the remaining 8.33% is directed towards the Employee Pension Scheme (EPS). The total contribution from both employee and employer (12% + 3.67%) is credited to your EPF account every month.
For example, if your basic salary plus DA is ₹20,000 per month, your contribution would be ₹2,400 (12% of ₹20,000), and your employer’s contribution to your EPF would be ₹734 (3.67% of ₹20,000).
After inputting all the necessary information, our EPF calculator will immediately generate an estimate of your EPF fund available upon retirement. Start using our EPF Calculator today and take a step towards a secure financial future.