EPF Calculator

What is Employee Provident Fund (EPF)?

The Employee Provident Fund (EPF) is a retirement savings scheme available to employees in India. Calculating your EPF can help you understand your contributions and how much you'll accumulate by the time you retire. Here's a step-by-step guide to calculating your EPF contributions:

The calculator will compute the monthly and annual contributions from both employee and employer. It will also project the balance over a period considering the interest rate and annual increments.

What is a EPF Calculator?

A EPF Calculator is a free, online tool that can help you automatically calculate the future value of your fixed deposit investment based on the amount invested, the duration of investment, and the rate of returns offered by the bank. It is a better alternative to manually calculating the maturity amount of an FD. Since it is publicly available online, anyone with a device with internet access can use it to accurately calculate returns on their FD investments.

Nowadays, it is easier to keep a check on changing rates. However, with the discovery of public provident fund calculator, account holders find it easier to find out monthly changes made in interest. In the market, you may find lot of user-friendly EPF Calculators and for choosing trustworthy ones, Groww is simply the option.