Employee Provident Fund (EPF)

Secure your retirement with India's largest social security scheme. Enjoy tax benefits and guaranteed returns on your contributions.

What is EPF?

Employee Provident Fund (EPF) is a mandatory retirement savings scheme for salaried employees in India. Both employer and employee contribute 12% of basic salary, ensuring financial security after retirement.

Mandatory Scheme
8.15% Interest
Tax Benefits
Government Backed

EPF Contribution

Employee
12%
Employer
12%
Total
24%

Based on Basic + DA (Dearness Allowance)

Benefits of EPF

Retirement Security

Build a substantial corpus for your retirement years with regular monthly contributions.

Attractive Returns

Currently offers 8.15% interest rate, compounded annually for maximum growth.

Tax Benefits

Employee contribution eligible for deduction under Section 80C up to ₹1.5 lakhs.

Government Guarantee

100% government-backed scheme with guaranteed returns and no risk of capital loss.

Compound Interest

Interest is compounded annually, leading to significant wealth accumulation over time.

Emergency Withdrawal

Partial withdrawal available for specific purposes like medical emergencies and education.

EPF Services

Check Balance

View your current EPF balance, contribution history, and interest earned.

  • Real-time balance
  • Contribution details
  • Interest calculation
  • Account statement
Check Now

Transfer EPF

Transfer your EPF account when changing jobs to maintain continuity.

  • Online transfer
  • Form 13 submission
  • Status tracking
  • Instant processing
Transfer Now

Download Passbook

Download your EPF passbook for record keeping and verification purposes.

  • PDF format
  • Complete history
  • Digital signature
  • Print ready
Download Now

Update Details

Update your personal information, bank details, and nominee information.

  • Personal details
  • Bank account
  • Nominee info
  • Contact details
Update Now

EPF Withdrawal Rules

Retirement Withdrawal

Full withdrawal available after attaining 58 years of age or retirement.

Age 58+ Full Amount Tax Free

Emergency Withdrawal

Partial withdrawal available for specific purposes with certain conditions.

Medical Emergency Higher Education Marriage

Job Change Withdrawal

Withdrawal available if unemployed for more than 2 months.

2+ Months 75% Amount Form 31

Tax Benefits of EPF

Contribution Deduction

Employee contribution eligible for deduction under Section 80C up to ₹1.5 lakhs.

Example: If you contribute ₹1.5L to EPF, you can claim full deduction

Interest Tax-Free

Interest earned on EPF is completely tax-free under Section 10(11).

Example: ₹5L interest earned is tax-free

Maturity Tax-Free

Maturity amount including principal and interest is completely tax-free.

Example: ₹20L maturity amount is tax-free

Frequently Asked Questions

Is EPF mandatory for all employees?

EPF is mandatory for employees in organizations with 20+ employees and basic salary below ₹15,000 per month.

What happens to EPF when I change jobs?

You can transfer your EPF account to the new employer using Form 13, or withdraw if unemployed for 2+ months.

Can I withdraw EPF before retirement?

Partial withdrawal is allowed for specific purposes like medical emergencies, education, and marriage.

How is EPF interest calculated?

Interest is calculated monthly on the running balance and credited annually on 31st March.