EPF calculator
Most private sector employees in the organized sector are entitled to post-retirement benefits. However, unlike government employees who are eligible for pensions, private sector employees do not receive this benefit. The Employee Provident Fund (EPF) was established under the EPF Act, with the Employees Provident Fund Organisation (EPFO) of India managing the funds contributed by both employees and employers. Each account is linked to a Unique Account Number (UAN) for easy tracking. Using an EPF calculator can help you estimate your savings accurately.
The EPF calculator uses advanced technology to provide precise results every time you input your details. The Provident Fund serves as a financial safety net, securing your future in case of retirement or unemployment, and can assist in making future financial decisions.
How can an EPF calculator help you?
With our PF calculator from Online CA Filing, you can easily track your savings, contributions, and the interest accumulated over time.
Here are some key benefits of using our online EPF calculator:
- No need to manually calculate your total contributions.
- Our PF calculator consistently delivers accurate results.
- The calculator automatically adjusts for any changes in interest rates or contribution ratios over time.
- You’ll receive updates on recent transactions, contributions, and any legislative changes, such as the current EPF interest rate of 8.15%. If this changes, you’ll be notified upon logging in.
The formula for determining your EPF amount:
When using Online CA Filing’s EPF calculator, you can rely on its quality and accuracy. Make sure you have the following information handy before using it:
- Your basic monthly salary, including Dearness Allowance (DA)
- Your personal contribution to the EPF
- Your employer’s contribution
- Your planned retirement age (including any early retirement plans)
- Your current EPF balance
- The current EPF interest rate
How to use Online CA Filing’s EPF calculator:
Using our EPF calculator is simple and fast. Just follow these steps:
Step 1: Enter your basic salary and age.
Step 2: Once you input the values, the calculator will automatically display your employer’s contribution (EPS + EPF), total interest earned, and the total maturity amount.
Advantages of Online CA Filing’s PF account calculator:
We offer a variety of free-to-use calculators, regularly updated to ensure accuracy. They are designed to be user-friendly and glitch-free.
If you’re ready to invest, open an account with Online CA Filing and explore opportunities to invest in direct Mutual Funds at no cost.