How to use this PF calculator
The Employees' Provident Fund quietly builds one of the largest retirement corpuses most salaried Indians ever own, yet few people understand how the 12%-plus-12% contribution is actually split. A surprising slice of the employer's share goes to a pension fund, not to your EPF balance.
This calculator breaks the monthly contribution into its employee and employer components and shows how it accumulates, so you can see what is being set aside before you ever notice it leaving your salary.
How the 12% + 12% splits
You contribute 12% of your PF wage base, and your employer matches 12%. Your full share goes to EPF, but the employer's contribution is divided.
Of the employer's 12%, 8.33% (capped on a ₹15,000 wage, so ₹1,250) is routed to the Employees' Pension Scheme, and only the remaining 3.67% lands in your EPF balance.
The ₹15,000 statutory wage base
PF is legally mandatory on wages up to ₹15,000 a month, which fixes the minimum employee contribution at ₹1,800. Many employers contribute on this cap rather than your full basic.
If your company calculates PF on your actual (higher) basic, both contributions rise and your retirement savings grow faster, at the cost of slightly lower monthly cash.
Interest and tax treatment
EPFO declares an interest rate each year (recently around 8.25%), compounded annually on the running balance, which makes early-career contributions especially valuable.
EPF enjoys exempt-exempt-exempt status when conditions are met: contributions, interest and withdrawal after five years of continuous service are generally tax-free.
What this estimate simplifies
The tool models contributions on the wage base you enter and uses the common pension cap. It does not project annual salary increases, voluntary provident fund top-ups or mid-year rate revisions.
For your exact balance and interest credited, the EPFO member passbook is the authoritative record.