The EPF (Employees Provident Fund) is the most famous investment for salaried people, and is kept up exclusively by the Employees' Provident Fund Organization of India (EPFO). Use this PF calculator to find Employee Provident Fund (EPF) based on the employees current and retirement age, current EPF amount, monthly basic pay, employee contribution to EPF, employer contribution to EPF, the percentage of salary hike expected and current interest rate.
The EPF (Employees Provident Fund) is the most famous investment for salaried people, and is kept up exclusively by the Employees' Provident Fund Organization of India (EPFO). Use this PF calculator to find Employee Provident Fund (EPF) based on the employees current and retirement age, current EPF amount, monthly basic pay, employee contribution to EPF, employer contribution to EPF, the percentage of salary hike expected and current interest rate.
An employee starts with a basic salary of Rs. 15,000 at 45 years and works till 60 years. His Current EPF Balance is Rs. 50000 and Employee Contribution to EPF is 12%,His Employer Contribution to EPF is 3.67%, Expected salary hike is 5% and Current interest rate is 8.75%.
Current Age : 45
Retirement Age : 60
Your Current EPF Balance : 50000
Monthly Basic Pay : 15000
Employee Contribution to EPF in % : 12
Employer Contribution to EPF in % : 3.67
Expected Salary Hike in % : 5
Current interest rate in % : 8.75
EPF amount is Rs. 13,39,872 (At the time of retirement)
