Employee Provident Fund (EPF) is a retirement benefit applicable to salaried employees. It is a savings fund to which both the employee and employer contribute some % of the basic salary amount every month. The money in the fund is paid back to employees as monthly pension or as a whole amount when he/she retires or in to the disabled who cannot work or in case of deaths. Use this death benefit provident fund calculator to find the benefit that will be received by your nominee after death.
Employee Provident Fund (EPF) is a retirement benefit applicable to salaried employees. It is a savings fund to which both the employee and employer contribute some % of the basic salary amount every month. The money in the fund is paid back to employees as monthly pension or as a whole amount when he/she retires or in to the disabled who cannot work or in case of deaths. Use this death benefit provident fund calculator to find the benefit that will be received by your nominee after death.
Input the current age, retirement age, current EPF balance, monthly basic pay, average expected hike every year, current interest rate, employee contribution and employer's contribution in the EPF death benefit calculator to find the total provident fund.