15 Best Free EPF Retirement Calculator Websites

Here is a list of the best free EPF retirement calculator websites. The Employee Provident Fund or EPF is a retirement benefits scheme for salaried employees in the private sector. It is managed by the Employees Provident Fund Organisation (EPFO). An employee under the EPF scheme makes a fixed contribution of 12% of the basic salary which is also matched by the employer. An annual fixed interest rate is added to the amount every year. An EPF Retirement Calculator calculates the amount of money that will accumulate in your EPF account at retirement.

In this post, I’m covering 15 free websites with EPF retirement calculators. These calculators can help you can calculate the lump-sum amount, which includes both your and the employer’s contribution, along with the accrued interest. All these calculators are quite similar in terms of use. You can input your details in the calculator and get the EPF maturity amount within seconds.

My Favorite EPF Retirement Calculator Website

Scripbox is my favorite EPF Retirement Calculator website on this list. It has a simple EPF calculator where you can fill in your details and get your maturity amount. It shows total contribution and breaks down your and your employer’s contributions. This calculator also gives you a year-wise contribution and interest of the EPF account. Along with that, it offers informative resources on EPF along with a list of interest rates for every financial year. You should check it out yourself along with other similar calculators covered below.

You can also check out our lists of the best free Online Debt Payoff Calculator Websites, Online Bank Reconciliation Calculator Websites, and Online Real GDP Calculator Websites.

Scripbox

 

Scripbox is a website with online financial calculators and informative resources. It has a free EPF Retirement Calculator that you can use to calculate your EPF maturity amount. You start by entering your basic salary, age, and retirement age into the calculator. Then you have to set the expected annual average increase in salary and rate of interest on your PF. If you have any EPF balance you can mention that too. Apart from that, the contribution percentage is fixed as per standards. With that information, this calculator gives you a table of the year-wise contributions and interest of the EPF account till retirement. Below the table, it shows the total maturity amount along with the time duration. It also gives you a breakdown of your contribution and your employer’s contribution.

Apart from that, this website explains the EPF and all its aspects. It also lists the interest rates of every financial year so far. Based on the calculations, it also suggests plans to optimize your tax saving, active portfolio management, and tax optimized withdrawal.

Highlights:

• This calculator calculates the total maturity amount and time duration.
• It shows the total contribution including your and your employer’s contribution to EPF.
• Users can change all the parameters accordingly (expect contribution percentage).
• Employee’s Monthly Contribution to EPF is fixed to 12%.
• Employer’s Monthly Contribution to EPF is fixed to 3.5%.
• Shows Year-wise Contributions and Interest of EPF account till retirement.
• Recommends ways to save taxes and get better returns.

Karvitt

Karvitt is a collection of financial calculators, tools, and forms. Among that, it has an online EPF retirement calculator that you can use to check your EPS balance. This is a simple calculator where you can change each parameter as per the needs. You can fill in your information to get a table of year-wise contribution, interest, and closing balance. It shows monthly and yearly your and employer’s contribution. Then it gives the estimated interest on the total contribution. Then it sums up the total closing amount of each year till retirement. With that, it also calculates the PS (Employee’s Pension Scheme) balances.

Highlights:

• This calculator calculates the EPF amount and EPS on retirement.
• Users can change each parameter accordingly.
• It generates a table showing Year Wise Contribution, Interest, and Closing Balance.
• It plots a graph of your contribution and your employer’s contribution to the EPF account with interest.
• Download fillable EPF forms in PDF and Excel format.

Omni Calculator

Omni Calculator is a free website that offers online calculators for finance, science, maths, etc. It has an online EPF calculator that you can use to calculate your EPF maturity amount. It starts with the basic salary with an option to add a dearness allowance. Then you can fill in the details including the contribution percentages, interest rate, etc. In the end, it gives you the EPF maturity amount along with the total contribution of you and your employer. That’s pretty much it.

Highlights:

• This calculator calculates the total maturity amount and time duration.
• Option to include dearness allowance.
• Users can change all the parameters as needed.
• It breaks down your and your employer’s contribution to EPF.

Cleartax

Cleartax is a tax and financial services software platform that offers a PF calculator. It calculates the EPF fund available after retirement. You can fill in the details in the calculator. It lets you change your contribution percentage while keeping the employer percentage fixed to 3.5%. Similarly, it automatically fetches the average interest rate as per the industry. You can add the exiting balance of your EPF account and then get the maturity EPF amount. This website explains the EPF and all its aspects. It also lists the interest rates of every financial year so far

Highlights:

• This calculator calculates the EPF fund available on retirement.
• Users can change all the parameters accordingly (expect contribution percentage).
• Employer’s contribution to EPF is fixed to 3.5%.
• Auto-fill the interest rate as per the industry.

Finity

Finity is another website that offers financial products and resources. It has a free online PF calculator where you can estimate your maturity value of EPF. It is a simple calculator with a modern user interface. It has the employer’s contribution and interest rate pre-filled. You can add other details to the calculator. And if you want to increase your contribution beyond 12%, you can do that too. Based on the input data, it gives you the total EPF amount on retirement. It also breaks down the total amounts by your and your employer’s contribution along with total interest earned.

Highlights:

• This calculator calculates the maturity value of EPF.
• It breaks down your and your employer’s contributions.
• It also shows the total interest you will earn on the amount.
• You can increase your contribution percentage from 12%.
• Shows a graph of total investment and maturity amount.

Jupiter Money

Jupiter Money is a neo banking service in the Indian market. It offers a few tools for saving estimations. Among those tools, there is an Employee Provident Fund Calculator. This calculator calculates the PF based on your contribution only. You can add your monthly contribution along with your current age and retirement age. Based on that, it gives you the total contribution and interest on that amount. Then it sums that up and shows the total EPF value on retirement.

Highlights:

• This calculator calculates the total EPF value on retirement.
• It breaks down total investment and total interest.
• It lets you add a custom amount as your contribution to the PF.
• This calculator calculates EPF solely based on your contribution.

Groww

Groww provides guidelines and tools to those who want to invest their money. It has a bunch of calculators for that including an EPF Calculator. This EPF calculator is quite simple that calculates EPF from your contribution only. You get the option to increase your contribution beyond 12% and add your annual salary increment. Then you can add your current age to get the EPF amount. The final EPF amount includes your contribution plus interest earned on that amount.

Highlights:

• This calculator calculates the total EPF amount on retirement at 60.
• Option to increase your contribution beyond 12%.
• The retirement age is fixed at 60 years in this calculator.
• It calculates EPF solely based on your contribution.

AdvisorKhoj

AdvisorKhoj is a website full of helpful information and tools for investors. You can use its online EPF Calculator to estimate your EPF amount. This calculator does not factor in the interest. Thus, it estimates the EPF based on the amount you and your employer contribute to EPF per month. For that, it makes a table of year-wise contributions. The table shows opening balance, contributions, closing balance, and amount diverted to Pension Fund for each year till retirement. It also plots an EPF growth chart where it shows the closing amount of each year.

Highlights:

• This calculator calculates the EPF amount and DPF amount annually.
• Users can change each parameter accordingly.
• It generates a table showing Year Wise Contribution, and Closing Balance.
• It plots an EPF Growth Chart.
• This calculator does not include the interest you will earn on the EPF amount.

Tavaga

Tavaga is another free website with an online EPF Calculator. This calculator gives you the EPF fund available at retirement. The calculator is quite simple where you can add basic monthly salary, current age, retirement age, and current EPF amount. It automatically fetches the interest rate and lets you change the retirement ages up to 58 years. Based on the information, it gives you the amount of EPF fund that would be available at your retirement.

Highlights:

• This calculator calculates the EPF fund available at retirement.
• Users can change the parameters accordingly including retirement age.
• Option to increase your contribution beyond the minimum of 12%.
• The interest rate is fixed as per the EPFO.

PersonalFN

PersonalFN is another free website with an online EPF Calculator. This calculator lets you fill in all the necessary information with nothing pre-filled. It starts with current age, retirement age, current EPF balance, employee contribution, employer contribution, the growth rate in EPF contribution, rate of interest, and current pension fund balance. Based on this information, it makes a table of year-wise contributions. The table shows opening balance, contributions, closing balance, and amount diverted to Pension Fund for each year till retirement

Highlights:

• This calculator calculates the EPF amount and DPF amount annually.
• Users can change each parameter accordingly.
• It generates a table showing Year Wise Contribution, and Closing Balance.
• It plots an EPF Growth Chart.
• This calculator does not include the interest you will earn on the EPF amount.

Way2Wealth

Way2Wealth is a website with many financial calculators including an online PF Calculator. This calculator has current age, retirement age, current EPF amount, monthly basic salary, monthly dearness allowance, contribution to EPF, and expected salary hike as input parameters. You can fill these parameters as per your needs and get the total EPF amount on retirement.

Highlights:

• This calculator calculates the total EPF amount on retirement.
• Users can change all the parameters as per their needs.
• Users can add their monthly contribution amount.

GoodReturns

GoodRetuns is a business news and personal finance portal. It offers an online PF calculator that estimates the total EPF amount based on various parameters. This calculator lets you change each and every parameter. You can set desired retirement age, your contribtion percentage, and even your employer’s contribution percentage. In the end, it gives you the total EPF amount including interests.

Highlights:

• This calculator calculates the total EPF amount.
• Users can change all the parameters accordingly including the employer’s contribution.
• Option to increase the employee’s contribution up to 20%.

RRFinance

RRFinance offers a Provident Fund Calculator to estimate the EPF maturity amount on retirement. Interface-wise, it looks very bare-bone but it does the job. You can fill in the information to the calcualtor. It does not have any pre-filled data. You can define the custom contribution percentage for you and the employer. Similarly, you can pick the age of retirement, expected annual salary hike, and rate of intersrt. Based on the filled information, it estimates you the total EPF amount you get on retirement.

Highlights:

• This calculator calculates the total maturity amount.
• You can set the contribution percentage accordingly.
• You can also pick a retirement age of your choice for calculation.

MoneyControl

MoneyControl also offers an online Provident Fund Calculator. This estimates the total EPF amount you get on retirement. For that, it comes with current age, retirement age, basic monthly salary, your contribution to EPF, your employer’s contribution to EPF, expected annual salary hike, current interest rate, and current EPF balance. You can fill all these fields accordingly. Based on this information, it gives you the total EPF amount on retirement.

Highlights:

• This calculator calculates the total EPF amount.
• It lets you set the contribution percentage accordingly.
• You can also pick a retirement age of your choice for calculation.
• Option to add current EPF balannce.

InvestmentPoint

InvestmentPoint is yet another free website with an online EPF calculator. This is also a simple calculator where you can customize each field including interest rate, employer’s contribution, and retirement age. Along with that, you can fill in the necessary information and find the amount of EPF you get on retirement. This calculator can also include the Current Pension Fund Balance in the calculation. So, if you have any pension funds, you can add that to the calculation.

Highlights:

• This calculator calculates the total EPF amount.
• It allows you to set the contribution percentage accordingly.
• You can also pick a retirement age of your choice for calculation.
• It also includes the Current Pension Fund Balance in the EPF calculation.