Provident Fund Calculator

Calculate your PF contributions, maturity amount, and retirement benefits. Free online provident fund calculator for employees.

Calculator

Provident Fund Calculator

Calculate your Provident Fund contributions, maturity amount, and retirement benefits. Plan your long-term savings and understand your retirement corpus.

Provident Fund Calculator

Employment Information

Salary Information

Contribution Details

Investment Period

Additional Contributions

Results

Enter your employment details above to see your PF calculations.

Understanding Provident Fund

What is PF?

A mandatory retirement savings scheme where both employee and employer contribute to build a retirement corpus.

Contribution Split

Employee: 12% of basic + DA. Employer: 3.67% to PF + 8.33% to EPS + 0.5% to EDLI + 0.5% to admin charges.

Interest Rate

PF interest rates are set by the government annually, currently around 8.1% per annum, compounded monthly.

Tax Benefits

Employee contributions are eligible for tax deduction under Section 80C, up to ₹1.5 lakhs per year.

PF Guidelines

Contribution Rules

Employee: 12% of basic + DA
Employer PF: 3.67% of basic + DA
Employer EPS: 8.33% of basic + DA
Maximum EPS: ₹15,000 basic salary

Withdrawal Rules

Retirement: 58 years (full withdrawal)
Resignation: After 2 months unemployment
Partial: Medical, home, education
Death: Nominees can claim

Benefits and Considerations

Advantages

  • Guaranteed returns with government backing
  • Tax benefits on contributions
  • Compulsory savings for retirement
  • Loan facility available
  • Nomination facility for family security
  • Portable across employers

Important Points

  • PF is separate from gratuity and pension
  • Interest is tax-free
  • Can be transferred when changing jobs
  • UAN (Universal Account Number) is mandatory
  • KYC documents must be updated
  • Online services available for tracking

Features

  • • Accurate PF contribution calculation
  • • Maturity amount projection
  • • Tax benefit estimation
  • • Multiple contribution scenarios
  • • Retirement planning tools
  • • Free to use

Perfect For

  • • Employee retirement planning
  • • HR professionals
  • • Financial advisors
  • • Salary negotiations
  • • Tax planning
  • • Investment decisions

Important Disclaimer

This calculator provides general estimates for educational purposes only and should not replace professional financial advice. PF calculations may vary based on specific employment contracts, company policies, and applicable laws. Interest rates and contribution rules are subject to change by the government. Always consult with your HR department, financial advisor, or EPFO for accurate calculations and guidance specific to your employment situation.

Frequently Asked Questions

What is Provident Fund (PF)?

Provident Fund is a retirement savings scheme where both employee and employer contribute a percentage of the employee's basic salary. It's a long-term investment that provides financial security after retirement.

How much is the PF contribution?

The standard PF contribution is 12% of basic salary from both employee and employer. However, the employer's contribution is split: 3.67% goes to PF and 8.33% goes to Employee Pension Scheme (EPS).

When can I withdraw my PF?

PF can be withdrawn upon retirement (58 years), resignation after 2 months of unemployment, or in specific circumstances like medical emergencies, home purchase, or education. Partial withdrawals are also allowed for certain purposes.