EPF / PPF Calculator

For FY 2025-26, the EPF interest rate has been notified at 8.25% per annum, credited on the running balance. The rate is decided by the EPFO Central Board of Trustees annually and ratified by the Ministry of Finance. Calculator applies the latest notified rate.

Section 10(10AA) makes EPF withdrawal tax-free if the employee has continuous service of 5 years or more, or if the employee retires / quits because of ill health. Withdrawal before 5 years is taxable at slab rate, except for cases of unemployment (Form 19 / 51).

EPS (Employees Pension Scheme) entitles a member to a monthly pension starting from age 58. Pension = (Pensionable Salary × Pensionable Service) / 70, where Pensionable Salary is the average of the last 60 months' basic salary and Pensionable Service is capped at 35 years.

Members whose basic salary exceeds ₹15,000 can opt out of EPS at the start of employment. The 8.33% employer share in such cases is redirected to the EPF corpus, increasing the lump-sum withdrawal but losing the pension. Calculator supports both modes.

Use the EPFO Member Portal to file a transfer request online. The new employer annexes the new KYC via Form 11, and EPFO settles the previous employer's balance to the new EPF account within 30 days. Calculator does not model transfers but supports multiple tenures input.

Yes — VPF allows voluntary employee contribution over and above the statutory 12% EPF, fully tax-deductible under Section 80C (up to the overall ₹1.5 lakh ceiling). VPF interest rate is the same as EPF (currently 8.25%). Calculator accepts higher contribution % to model VPF additions.