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Estimate your Employee Provident Fund corpus
Employee Provident Fund (EPF) is a retirement benefit scheme for salaried employees. Both employee and employer contribute 12% of the basic salary, building a substantial retirement corpus.
Compound Interest on Monthly Contributions (Employee + Employer)Forced Saving: Automatic deduction ensures disciplined retirement saving.
Employer Contribution: You get an extra match from your employer.
Tax Free: Maturity amount is generally tax-free after 5 years of service.