Question 1

How is EPF calculated?

Accepted Answer

Every month, 12% of your Basic + DA goes into your EPF account as your contribution. Your employer also contributes 12%, out of which 3.67% goes to EPF and 8.33% goes to EPS (Pension Scheme).

Question 2

What is the current EPF interest rate?

Accepted Answer

The current EPF interest rate is usually declared by the EPFO annually. It has recently hovered around 8.15% to 8.25%. This calculator uses 8.25%.

Question 3

Is this calculator exact?

Accepted Answer

This is an estimator. Actual EPF calculations involve monthly closing balances and complex decimal roundings by EPFO. This tool provides a very close approximation for retirement planning.

EPF Calculator India & PF Balance Estimator

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