EPF Calculator

8.25% a year. EPFO’s Central Board of Trustees recommended it in March 2026, the government approved it, and EPFO’s circular of 1 July 2026 told offices to credit it. The rate is declared once a year for the year just ended, so future years may differ.

Because 8.33% of your wages, up to the ₹25,000 ceiling, goes to the Employees’ Pension Scheme (EPS), which pays a monthly pension rather than a lump sum. At or above the ceiling that is ₹2,082.50 a month (EPFO rounds it to ₹2,083); the rest of the employer’s 12% goes to EPF. Your own 12% all goes to EPF.

From 17 September 2026. The Union Cabinet approved raising the EPFO wage ceiling from ₹15,000 to ₹25,000 on 16 September 2026 and it was notified the next day. It was the first change since September 2014. Employees earning up to ₹25,000 are now covered compulsorily, and the EPS share can be up to ₹2,083 a month.

Every month, the balance at the start of the month earns one-twelfth of the yearly rate; contributions start earning from the month after they are paid. The interest for all twelve months is added together and credited once, at the end of the financial year, so EPF compounds yearly rather than monthly.

Mostly. Interest on your own contributions above ₹2.5 lakh a year (₹5 lakh where the employer does not contribute) is taxable under the rules introduced in 2021, and withdrawing before five years of continuous service makes the balance taxable. For most salaried people, EPF stays exempt at contribution, growth and withdrawal.

The EPS pension is pensionable salary × pensionable service ÷ 70, payable from 58 after at least 10 years of service. Pensionable salary is capped at the wage ceiling, so with the ₹25,000 ceiling, 35 years of service gives up to ₹12,500 a month. How service before and after the change is averaged depends on rules EPFO has yet to publish in full, so check your own estimate with EPFO.