Provident Fund (PF) Calculator
India
PF contribution calculator
Enter basic salary, contribution rates, and tenure to estimate monthly and cumulative EPF contributions.
Provident Fund (PF) Calculator
Employee contribution (monthly)
₹3,600
Employer contribution (monthly)
₹3,600
Employee total (over period)
₹43,200
Employer total (over period)
₹43,200
What this calculator does
Computes monthly and cumulative contributions to the Employees’ Provident Fund (EPF) based on standard employer and employee contribution percentages.
How EPF contributions work in India
Under the EPF scheme, both you and your employer contribute 12% of your basic salary plus dearness allowance every month. Your entire 12% goes into the provident fund. Your employer’s 12%, however, is split: 8.33% is diverted to the Employees’ Pension Scheme (EPS), capped at the statutory wage ceiling, and only the remaining 3.67% lands in your EPF account. This is why your PF balance grows more slowly than “24% of basic” would suggest — a detail many salary breakdowns gloss over.
Who should use it
Salaried employees checking whether the PF deduction on their payslip looks right; job candidates working out the real value of a CTC offer (employer PF is part of CTC but is not take-home); and anyone planning long-term savings who wants to see how contributions accumulate over a career. If you want to model voluntary PF (VPF), simply raise the employee percentage above 12%.
How to interpret your result
The output shows contributions only — the money paid in. It does not add the annual interest the EPFO credits on your balance, which compounds over time and makes the eventual corpus meaningfully larger than the contribution total shown here. Treat this as the “deposits” view, and check your EPFO passbook for the interest-inclusive balance.
Limitations & disclaimer
This calculator is for estimates only. Interest credit, tax implications, and withdrawal conditions are outside scope. Consult EPF documentation or a financial advisor.
FAQs
What contribution rate is used?
The default is 12% employee and 12% employer, the standard EPF rate. You can adjust these in the calculator.
Does this include interest?
No. This shows contributions only. Interest credited by the EPF authority is not modelled.
Is there a salary cap?
The statutory PF ceiling is applied to basic salary. Check the latest EPFO notifications for the current cap.
Can I use this for VPF?
You can increase the employee percentage to model voluntary PF contributions, though caps may differ.