Calculate Employee Provident Fund (EPF) and Public Provident Fund (PPF) returns for retirement planning. Accurate compound interest calculations for EPF contributions and PPF maturity amounts.
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PPF Calculation
Our EPF & PPF Calculator is a specialized tool that helps you calculate the potential returns on your Employee Provident Fund (EPF) and Public Provident Fund (PPF) investments. These are popular retirement savings schemes in India that offer tax benefits and guaranteed returns.
The EPF calculator helps salaried employees estimate their retirement corpus based on their basic salary, employee and employer contributions, and current EPF interest rates. The PPF calculator helps individuals plan their voluntary long-term savings with the fixed 15-year tenure.
Both calculators use compound interest formulas to calculate your investment growth, showing you how regular contributions can grow into substantial retirement funds over time. Our tools help you make informed decisions about your retirement planning and tax-saving investments.
It's that simple! No registration required. You can perform unlimited calculations to plan different retirement scenarios.
Our EPF & PPF calculator is completely free, works on all devices, and doesn't require any registration or personal information. Perfect for both individual planning and professional financial advice.
EPF (Employee Provident Fund) is mandatory for salaried employees in organizations with 20+ employees. Both employee (12%) and employer (12%) contribute. Withdrawal is allowed after 5 years of service or at retirement.
PPF (Public Provident Fund) is a voluntary savings scheme open to all Indian residents. Minimum investment is ₹500/year, maximum is ₹1.5 lakh/year. It has a fixed 15-year lock-in period, extendable in blocks of 5 years.
Our calculator uses standard financial formulas for compound interest calculations and provides highly accurate estimates based on the inputs provided. For EPF, we calculate monthly contributions with compound interest. For PPF, we calculate annual contributions with annual compounding. Actual returns may vary slightly due to changes in interest rates or government regulations.
As of latest information: EPF interest rate is 8.15% per annum (may change annually). PPF interest rate is 7.1% per annum (quarterly reviewed by government). Our calculator uses these as default values, but you can adjust them based on current rates or personal projections.
EPF: Partial withdrawals allowed for specific purposes like marriage, education, medical treatment, home purchase after certain conditions. Full withdrawal allowed after 2 months of unemployment or at age 58.
PPF: Partial withdrawals allowed from 7th year onward (up to 50% of balance at end of 4th preceding year). Full withdrawal only after 15 years, except in case of death of account holder.
Both EPF and PPF offer triple tax benefits under Section 80C:
For EPF, withdrawals before 5 years are taxable. For PPF, all withdrawals after 15 years are tax-free.
Yes, you can have both EPF and PPF accounts simultaneously. In fact, it's a good strategy to maximize tax benefits. You can contribute to both and claim deductions up to ₹1.5 lakh combined under Section 80C. Many salaried individuals maintain both accounts for optimal retirement planning.
When changing jobs, you have three options: 1) Transfer your EPF balance to new employer's account (recommended), 2) Withdraw entire amount (allowed if unemployed for 2+ months), 3) Keep it in previous account (earns interest for 3 years). Transfer is best to maintain continuity and tax benefits.
Yes, you can increase your PPF investment amount any time during the financial year, subject to the maximum limit of ₹1.5 lakh per year. You can also vary the amount each year - there's no requirement to invest the same amount annually. However, the minimum investment must be ₹500 per year to keep the account active.