Employees’ Provident Fund (EPF)
EPF is a retirement savings scheme managed by the Employees’ Provident Fund Organisation (EPFO) under the EPF Act, 1952.
Current EPF Interest Rate:
8.25% per annum (FY 2024–25)
Interest is calculated monthly and credited yearly.
EPF Contribution Structure
- Employee: 12% of Basic + DA
- Employer: 12%
- 3.67% → EPF
- 8.33% → EPS (₹1,250/month cap)
Schemes Under EPFO
- EPF – Employees’ Provident Fund
- EPS – Employees’ Pension Scheme
- EDLI – Deposit Linked Insurance
Tax Benefits
- Employee contribution eligible under Section 80C
- Interest earned is tax-free
- Maturity amount is tax-free (EEE status)
Withdrawal Rules
- Full withdrawal allowed after retirement (58 years)
- Partial withdrawals allowed for marriage, education, house, medical
- Loan facility available after 3 years
UAN & Claim Status
Each EPF member gets a Universal Account Number (UAN) which remains the same across jobs.
You can check PF balance and claim status via the EPFO portal or UAN Member Portal.
👉 Use EPF Calculator