Provident Fund (EPF) Calculator

Under standard rules, the employer pension scheme (EPS) share is 8.33% of basic salary, capped at a maximum salary threshold of ₹15,000. This means a maximum of ₹1,250 per month goes to your pension fund, and any balance goes into your EPF.

No. Unlike the EPF account, the Employee Pension Scheme (EPS) is a defined-benefit pension scheme. The accumulated EPS balance does not earn annual compounding interest. The contributions are pooled by the government to pay out your pension. If you withdraw it as a lump sum (e.g., if service is under 10 years), you receive a linear sum of your monthly contributions (e.g., ₹1,250/mo * total months worked) without interest.

Yes, EPF interest is tax-free as long as employee contributions do not exceed ₹2.5 Lakhs in a single financial year.

Basic salaries usually grow by 5% to 8% annually. You can slide the annual increment parameter to project custom salary raises.

While a final corpus of ₹1 Crore sounds massive, 6% inflation over 30 years means it will buy what ₹17.4 Lakhs buys today. Our planner shows this "purchasing power adjustment" clearly so you can adjust your savings goals.

EPS is a pension scheme for organized sector employees. At retirement (age 58), if you have contributed for at least 10 years, you receive a monthly pension calculated as: (Pensionable Salary * Pensionable Service) / 70. Pensionable Salary is capped at ₹15,000, and Pensionable Service is capped at 35 years.

If your total service is less than 10 years, you are not eligible for a monthly pension. However, you can withdraw your accumulated EPS contributions as a lump sum at retirement or when switching jobs.

Yes! If you have completed 20 years or more of pensionable service, you get a bonus of 2 additional years added to your service duration for the pension calculation.