Employee Provident Fund (EPF) Calculator
Most of the employees from the private sectors are qualified to receive post-retirement benefits if they function in the assembled sector. It is noted that government employees are additionally eligible for pensions which are not like their private sector counterparts. Employee Provident Fund was set up after the Employee Provident Fund Act was passed in the Parliament. Employees Provident Fund Organization of India (or EFP) controls the finance deposited by the employee and employer in a permanent account, sticked by an Unique Account Number(UAN). An Employee Provident Fund calculator can help you calculate your savings in a proper manner.
The Provident Fund Calculator uses exclusive technology to collect the correct amount every time you input data. Provident Fund acts as a guarantee for future success or loss of employment and is of great use for making well planned financial decision in the future.
How can an Employee Provident Fund calculator help you?
Once you start using our Provident Fund calculator in India, you can easily trace where your valuable money is being stored, and how much interest it has collected.
Here are some advantages of using an Employee Provident Fund calculator online:
- You do not need to calculate your total contributions manually.
- We make sure that our PF calculator online works accurately on every single time.
- You do not need to worry if the interest rates or contribution ratios differ over a period. The Employee Provident Fund calculator will abruptly take into account the modification.
- In the end, whenever you use our Employee Provident Fund calculator, you will automatically get to know of any recent transactions, contributions and changes. For an example, the current rate of interest on Employee Provident Fund is 8.15%. If it changes during the accounting year due to any new law or act, you will be notified when you log in.
The Formula to determine Employee Provident Fund amount.
When you use our Personal Calculator, you are sure of of quality and responsibility. This are the data you should keep in mind before using the calculator.
Your monthly salary including Dearness Allowance (DA) |
Your Contribution to the Employee Provident Fund |
Your Employer’s Contribution |
Your retirement age (Including Voluntary Retirement Scheme) |
Your current Employee Provident Fund balance |
Current Employee Provident Fund interest rate |