EPF
Employees' Provident Fund — mandatory salary-linked retirement scheme with 12% employee + 12% employer contribution and current 8.25% interest.
Definition
EPF is the mandatory provident fund for salaried employees at organisations with 20+ employees. Employee contributes 12% of basic salary; employer matches with 12% (of which 8.33% goes to EPS pension scheme up to ₹15K salary, rest to EPF). Interest is government-notified and currently 8.25%, credited annually.
Tax treatment is EEE for contributions, interest, and maturity if held to retirement or at least 5 years of continuous service. Early withdrawal before 5 years is taxable. EPF qualifies for 80C deduction automatically — for someone with ₹50K basic salary, EPF alone fills ~₹72K of the ₹1.5L 80C limit.
Example
Basic salary ₹50,000/month, current EPF ₹0, retire in 30 years with 5% annual increment at 8.25% → corpus ≈ ₹2.3 crore.
Calculators that use this
EPF
Estimate your EPF corpus at retirement — includes 12% employee + 8.33% employer match, annual increments, and the current 8.25% interest rate.
Open calculator80C Saver
Calculate the actual tax saved from your 80C, 80CCD(1B) NPS, and 80D health insurance deductions across all old-regime tax slabs.
Open calculatorRetirement
Find out how much you need to retire comfortably and the monthly investment required to build that corpus, accounting for inflation.
Open calculatorRelated terms
More Investment terms
See all 30 glossary terms or read our Methodology for how we source these definitions.