An EPF (Employees' Provident Fund) Calculator is an online tool that helps you estimate your total provident fund savings, including monthly contributions from both employer and employee, along with interest earned over time.
An EPF calculator simplifies financial planning by giving you a clear picture of your future savings. Here's how it helps:
The calculator uses a predefined formula to estimate your provident fund growth:
EPF = (Employee + Employer Contributions) + Interest Earned
It calculates 12% of your basic salary + DA from both employee and employer, plus interest.
It considers total years of service and average salary to estimate your pension value.
Yes, if the employer deducts EPF, it helps track and plan savings.
Yes, it gives a complete breakdown of both contributions.
Absolutely. It shows your projected PF balance, including interest earned over time.