EPF Contribution Formula
Employee EPF = 12% of Basic+DA. Employer EPF = 3.67% of Basic+DA (8.33% goes to EPS). Monthly EPF = 15.67% of basic. Interest is compounded monthly on running balance.
What is EPS?
Employees' Pension Scheme — 8.33% of employer contribution goes into EPS (capped at ₹1,250/month if salary ≤ ₹15,000). EPS provides pension after retirement and is not shown in EPF passbook balance.
⚠️ Disclaimer: This is an estimate. Actual EPF balance depends on EPFO credit, employer compliance, and official rate changes. Verify your EPF balance at epfindia.gov.in. Source: EPFO, Ministry of Labour.
Last Updated: June 2025 · Reviewed by Wolf Office Tools Editorial Team