EPF Calculator - Global Provident Fund & Retirement Corpus Estimator
👴 Retirement Planning

EPF Calculator - Provident Fund & Retirement Planner

Estimate your retirement corpus with precision. Calculate the compounding growth of your Employee Provident Fund (EPF), KWSP, or CPF savings over your career.

Corpus Estimator

Configure your country rules and contribution rates.

🌍 Select Region Scheme
💵 Monthly Basic Salary ₹50,000
🎂 Age Details (Current vs Retirement)
📊 Contributions & Interest
⚙️ Advanced Settings (Current Balance, Increment)
Current EPF Balance
Annual Salary Increment (%)
MATURITY CORPUS AMOUNT
₹0
✅ At age 58
👤
Your Share ₹0
🏢
Employer Share ₹0
📈
Total Interest ₹0

Understanding Provident Funds

A Provident Fund (EPF, CPF, KWSP) is a government-managed retirement savings scheme. It works on the power of compounding: small monthly contributions from you and your employer grow into a massive corpus over 20-30 years.

1

Contribution

A fixed % of your salary is deducted, and your employer matches it. In India, the employer's share is split between EPF and Pension (EPS).

2

Compounding

Interest is calculated monthly on the opening balance. This interest is added to the principal, earning *more* interest next month.

3

Tax Benefits

In most countries (India, Malaysia), the maturity amount is legally Tax-Free (EEE Status: Exempt-Exempt-Exempt).

Global EPF Variations

🇮🇳 India (EPFO)

Govt Backed
  • Employee: 12% of Basic + DA
  • Employer: 3.67% to EPF, 8.33% to Pension
  • Interest: ~8.15% (Declared Annually)
  • Maturity: At 58 Years

🇲🇾 Malaysia (KWSP)

High Return
  • Employee: ~11% (varies by age)
  • Employer: ~12% to 13%
  • Accounts: Split into Account 1, 2 & 3
  • Access: Flexible withdrawals for housing

🇸🇬 Singapore (CPF)

Comprehensive
  • Rates: Tiered based on Age (up to 20%)
  • Usage: Housing, Medical, Retirement
  • Interest: Base rate + Bonus interest
  • Contribution: Capped at salary ceiling

The Magic of Compounding

⏳

Start Early

Starting at age 25 vs 30 can almost double your final corpus due to the extra 5 years of compounding.

📈

Salary Hikes

Never calculate based on today's salary alone. Use the "Annual Increment" field to see how salary growth boosts your EPF.

🛡️

Safety

EPF is Sovereign Guarantee backed in most nations, making it the safest debt instrument in your portfolio.

Retirement Planning Tools

🤝 Gratuity Calculator → 👴 Pension Calculator → 🏦 PPF Calculator → 📈 SIP Calculator → 💵 Salary Calculator → 💰 Tax Calculator →

Frequently Asked Questions

What is the current EPF interest rate in India?
The interest rate is decided annually by the EPFO. Currently, it hovers around 8.15% to 8.25% per annum. This interest is tax-free for most employees.
How is the 8.33% Pension (EPS) handled?
In India, out of the employer's 12% contribution, 8.33% goes to the Employees' Pension Scheme (EPS) and only 3.67% goes to your EPF corpus. The EPS portion does NOT earn interest; it builds your monthly pension eligibility.
Can I withdraw my EPF before retirement?
Yes, partial withdrawals are allowed for specific reasons like marriage, medical emergencies, home purchase, or unemployment (after 1-2 months). Full withdrawal is allowed at retirement (58 years).
Is EPF mandatory for all employees?
In India, it is mandatory for organizations with 20+ employees and for employees earning up to ₹15,000 basic salary. Those earning more can contribute voluntarily (VPF).
Does this calculator include VPF?
Yes. You can increase the "You (%)" field above 12%. Any contribution above the mandatory 12% is treated as Voluntary Provident Fund (VPF) and earns the same interest.
Is the maturity amount taxable?
If you have rendered 5 years of continuous service, the EPF withdrawal is 100% tax-free in India. If withdrawn before 5 years, it becomes taxable.
What happens if I change jobs?
You should transfer your EPF account to the new employer using your UAN (Universal Account Number). Do not withdraw it, as that breaks the compounding and the 5-year tax-free streak.
How does the "Annual Increment" affect the corpus?
It makes a huge difference. As your salary grows, your 12% contribution becomes a larger absolute amount. This calculator increases your contribution base annually to reflect realistic career growth.
What is the maximum limit for EPF deposit?
While you can contribute a high percentage, interest earned on employee contributions exceeding ₹2.5 Lakhs per year is now taxable in India (since 2021).
Can I increase my EPF contribution?
Yes, you can ask your employer to deduct a higher percentage from your salary (VPF). However, the employer is not obligated to match the extra amount; they will stick to the statutory 12%.