EPF Calculator

EPF Calculator India

The EPF Act was passed in the parliament to set up the Employee Provident Fund. The Employee Provident Fund Organisation of India (EPFO) manages the contribution made by both the employer and employee in a permanent account linked to a UAN, or Unique Account Number.

An EPF calculator helps you estimate your savings appropriately. Our BlinkX PF calculator uses automated technology to provide results every time you calculate your PF. A provident fund acts as a guaranteed source at the time of loss of employment and can be used for future financial decision-making.

How Can an EPF Calculator Help You?

Here are some interesting advantages of using an EPF calculator online.

Using the EPF calculator online can help you in several ways, such as:

• You can calculate PF online, avoiding any manual errors for calculating your EPF each time.
• We assure that our PF calculator online works correctly on every occasion.
• You do not have to worry if the interest rates or contribution ratios vary over a period. The calculator will automatically take into account the alteration.
• Finally, whenever you use our PF calculator, you are automatically informed of any recent transactions, contributions, and changes, if any. For example, the current rate of interest on EPF is 8.15%. If it changes during the financial year due to any new legislation, you will be notified once you log in.

Formula for Calculating EPF Amount

The formula to determine the EPF amount:

• Your basic monthly salary, including Dearness Allowance (DA)
• Your employer’s contribution
• Your retirement age (Including, if you have such plans)
• Your current EPF balance
• Current EPF interest rate

Mr. XYZ’s EPF contributions come from both his contribution (12% of basic salary) and his employer’s (3.67%).

Let’s assume, for a salary of ₹25,000, this totals ₹3,917.50 monthly. Interest is compounded monthly at 0.6875%, totaling 8.25% annually.

For example, a ₹7,835 balance in month two earns ₹53.82 interest. These contributions and interest steadily grow XYZ’s savings throughout the year.

How to use BlinkX’s EPF calculator?

You can calculate your EPF easily by using the steps mentioned below:

• Step 1: Enter your basic salary and your age.
• Step 2: Enter your contribution to EPF.
• Step 3: Enter the annual increase in salary.

You will get the total maturity amount at the time of retirement.

Advantages of using BlinkX’s PF account calculator

Using BlinkX’s PF account calculator offers you several advantages, such as

• The PF Account calculator is free to use
• The PF account calculator allows you to calculate your PF amount with ease. 
• It offers results within seconds with no delay, wasting no time.
• BlinkX’s PF Calculator ensures you have error-free results every time to calculate your PF confidently.
•  Our PF Calculator can be used on mobile devices, tablets, laptops, etc.
• With BlinkX’s PF calculator, you can forget about calculating PF manually.

Disclaimer: This tool provides information for general guidance only and does not offer any warranties, either express or implied, as to the accuracy, completeness, or reliability of the content. Please read all scheme-related documents carefully before investing.

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