PF Calculator

₹500 ₹1.5 L
18 Years 60 Years
0 15
12% 20%
₹0 ₹50L
Retirement Age 60 Yrs
Current EPF Rate of Interest

Amount Invested Vs Maturity

  • Total Investment
  • Maturity Value

Maturity Value

Interest Earned

Employer's Contribution

Your Contribution


Tip For You

Increasing Investment percentage annually helps to achieve targets faster. 10% is suggested.



Employees Provident Fund (EPF) is a retirement benefit
scheme designed for individuals employed with organisations and
governed by the Employees Provident Fund Organisation (EPFO). Under
this scheme, the employer and employee make equal contributions
throughout the employment tenure. An employee can withdraw the
collected corpus at the time of retirement. To estimate the total
corpus accumulated at retirement, one can make use of a PF
calculator. Fisdom’s online EPF calculator is easy and free to use
for all users.

What is EPF?

EPF is short for Employees Provident Fund. EPF scheme is
designed to provide financial support to all salaried
individuals after their retirement. It is a corpus towards which
both the employer and the employee contribute every month.

EPF is the primary scheme that is part of the
Employees Provident Fund and Miscellaneous Provisions Act, 1952.
As per this act, every organization with more than 20 employees
must mandatorily register for it. The EPF scheme is backed by
the Employees Provident Fund Organisation (EPFO).

Under an EPF scheme, an employee contributes a
certain portion of his/her salary towards the PF account. The
employer has to pay an equal amount towards the PF account. The
net amount so contributed every month further provides monetary
benefit to the employee post his/her retirement.

EPF acts as a retirement benefit plan with the
objective of ensuring a financially independent retirement for
employed individuals.

What is Fisdom’s EPF calculator?r

Employees PF calculator designed by Fisdom is an
online tool that can be used for estimating the EPF corpus
available at the time of retirement. To use this calculator, a
user has to provide basic details like basic monthly salary,
present age, retirement age, annual expected salary increase, PF
contribution, and current PF balance.

Once the user knows the estimated PF value at
retirement, it is easier to plan retirement. It helps users to
estimate whether the PF corpus can meet the different financial
needs at retirement. Accordingly, it helps in gauging whether
one needs to invest additional funds towards other investment
alternatives to cater to various financial needs.

How to use Fisdom’s PF calculator?

Fisdom’s PF calculator is a free online tool that
helps users in calculating the total PF corpus at retirement.
The calculator also aids an employee to gauge the amount of
contribution to be made for achieving a specific corpus
post-retirement. This can help him/her in setting personal
financial goals.

Here is the step-by-step process to use Fisdom’s PF

  1. Enter basic monthly salary
  2. Next, enter present age
  3. Enter the expected annual increase in salar
  4. Enter employee contribution in percentage format
  5. Finally, enter the current PF balance
  6. Lastly, enter the expected retirement age and employer’s
    contribution to PF
  7. The calculator uses the current rate of interest being paid
    by EPF for this calculation.

Once all the fields are filled with relevant data,
the calculator automatically calculates total PF investment and
maturity value based on the latest applicable interest rate. It
also shows the total interest earnings, total employer’s
contribution and total of employee’s contribution on the right
side of the calculator. All this information provides a holistic
view of investment to an employee for better financial decision

How does an EPF calculator work?

Let us understand the functionality of the EPF
calculator with the help of an example.

Employees’ basic salary + dearness allowance = Rs 15,000
Employees’ contribution towards the EPF = 12% * 15,000 = Rs
Employers contribution towards the EPF = 3.67% * 15,000 = Rs 550

The total contribution that is made by the employer
and employee towards the EPF account of the employee = Rs 1,800
+ Rs 550 = Rs 2,350.

The interest rate on PF for FY 2022-23 is set at

To calculate the interest rate applicable for each
month, the calculation is:

8.5%/12 = 0.675%

If an employee joined a firm ABC in April 2019, the
total PF contribution for April will be Rs. 2,350. There will be
no interest earnings on PF for the month of April.

The net PF contribution for May = Rs 4,700. (Rs
2,350+ Rs 2,350). The employee earns an interest of Rs 4,700 *
0.675% = 31.72.

Benefits of using Fisdom’s PF calculator

Fisdom’s PF calculator gives the exact amount that an
employee can accumulate in his/her EPF fund at retirement. This
way, he/she gets an idea on the available retirement corpus. It
allows one to manage other investments in a planned manner.

One can use the Fisdom PF calculator to increase
contribution towards retirement. If an employee feels that the
accumulated corpus at retirement will not be sufficient to meet
personal financial requirements, he/she can increase the
percentage of contribution to achieve a larger corpus at

Fisdom’s PF calculator is very easy to use and
reflects the PF corpus amount at retirement within seconds. The
calculator is designed to help an individual plan his/her
retirement. Those who want an early retirement can increase the
percentage of contribution to PF depending on the results shown
by PF calculator. It also gives users an idea of the EPF corpus
at various stages of retirement.

PF interest rates

The interest rate on PF may be modified every year by
the Central Government of India. The government periodically
reviews EPF interest rates in consultation with the Ministry of
Finance and EPFO’s Central Board of Trustees.

While the PF interest rate may be modified on a
yearly basis, it is calculated on a monthly basis. This is why
the interest rate is calculated by dividing the annual rate by

Mentioned below is the EPF interest rate for the past
5 years:

  • YearEPF Interest
  • 2015-168.80%
  • 2016-178.55%
  • 2017-188.55%
  • 2018-198.65%
  • 2019-208.50%


With PF contributions, employees get a fixed income
once they retire. Employees who are eligible for PF can nominate
a family member as nominee. This way, the family members can
avail the pension or corpus in case of the employee’s demise.
Employees can also get life insurance cover through EPF


What is the interest rate used by Fisdom’s PF calculator
to estimate retirement corpus?

Fisdom’s PF calculator uses the interest rates set by the EPFO for the
ongoing financial year.

Does EPFO invest in ETFs?

Yes, EPFO invests in ETFs or Exchange-Traded Funds. EPFO invests in ETFs
of the Sensex and the Nifty50 apart from the CPSE (Central Public Sector
Enterprises) and the Bharat 22 indices.

When can I withdraw from my PF account?

You can withdraw funds from your PF account after
completing 7 years of service in case you have urgent financial needs.
The withdrawal can be made a maximum of three times during the
contribution period and a maximum of 50% of funds can be withdrawn from
personal contribution.

Can I use Fisdom’s PF calculator even if I change jobs?

Yes, you can use Fisdom’s PF calculator even if you change jobs.

How many times can I use Fisdom’s PF calculator?

You can use Fisdom’s PF calculator as many times as you like since it is
free to use and can be used at any time.