What are EPF and VPF?
EPF (Employees' Provident Fund) is a retirement account where you and your employer each put in a share of your basic salary every month. VPF (Voluntary Provident Fund) lets you put in more than the required 12%, earning the same interest.
How to use this calculator
- Enter your monthly basic salary + DA.
- Add VPF % if you contribute extra.
- Enter your yearly raise, the years left until retirement and your current balance.
Read more: PF and VPF guide. New to these words? See the money glossary.
Common questions
Is EPF interest tax-free?
Yes, mostly. Interest on your own contributions above ₹2.5 lakh a year (₹5 lakh if the employer does not contribute) is taxable.
Is VPF better than PPF?
VPF pays the EPF rate (8.25%), higher than PPF (7.1%), but your money is locked till you leave the job or retire, with some exceptions.
What is the PF interest rate?
EPF pays 8.25% for FY 2025-26. VPF earns the same rate.