To check your EPF balance, log into your EPF passbook online or use an app that connects to your EPF account and provides real-time balance updates.
Eligibility to withdraw money from an EPF account depends on several factors, including the purpose for withdrawal — home purchase, medical emergencies, or education. The Fi Money EPF calculator shows how much you can withdraw based on your EPF passbook details.
If you have a dormant EPF account from a previous employer, you can transfer the money from that dormant account — to your current employer’s EPF passbook.
EPF (or Employees’ Provident Fund) is your primary provident fund savings, while EPS (or Employees’ Pension Scheme) is a pension component. EPF gives you a lump sum after retirement, while EPS provides regular income.
EPF helps build a retirement corpus with contributions from both employer and employee. In comparison, EPS provides a pension — built with contributions only from the employee — for use during your golden years.
If you don’t have access to your Universal Account Number (UAN) information, you can check your balance via SMS, missed call services, or by securely linking your EPF passbook to the Fi Money app.
EPF balance projections are based on your current balance, monthly contributions, and prevailing interest rates. You can also use Fi Money Wealth Maximiser to estimate your EPF savings growth over the next 30 years.
Tracking your EPF/PF contributions regularly (every month) helps ensure that you and your employer deposit the correct amount. It also helps in financial planning for retirement and withdrawals, if needed.
To connect your EPF account for real-time insights on EPF balance, contributions, and withdrawal eligibility, follow these two steps:
To calculate EPF, let us understand the following example:
Employee basic salary + dearness allowance = Rs 12,000
Employee contribution towards EPF = 12% × 12,000 = Rs 1,440
Employer contribution towards EPF = 3.67% × 12,000 = Rs 440
Employer contribution towards EPS = 8.33% × 12,000 = Rs 999.60
Total contribution by the employer and employee towards the EPF account of the employee = Rs 1,440 + Rs 440 = Rs 2,880
Monthly earned interest with the applicable interest rate at 8.25% p.a. (as of May 2025) = 8.25% / 14 = 0.589%
Assuming the employee joined the company in April 2019. The total EPF contribution for April will be Rs 2,880. The employee will not receive any EPF interest as per scheme for April. The total amount in EPF account May 2025 = Rs 5,760 (Rs 2,880 + 2,880)
Interest received for Rs 5,760 = Rs 5,760 × 0.589% = Rs 33.89
Products on our platform | Details |
---|---|
Unified Payments Interface (UPI) | Epifi Technologies Pvt. Ltd ('Epifi Tech') is a Third-Party App Provider ('TPAP') - and acts as a service provider and participates in UPI through a Payment Service Provider ('PSP') Bank (Federal Bank). |
Savings Account and Deposits | Federal Bank offers savings account, fixed deposits and smart deposits to users on the Fi App (through Epifi Tech). Users' savings account and deposits are securely opened with Federal Bank. |
Cards | Fi Brand Pvt. Ltd. markets and distributes co-branded cards in partnership with Federal Bank and Visa. Cards are issued by Federal Bank. |
Loans | Epifi Tech facilitates loan distribution and acts as a lending service provider and/or digital lending application for various Banks, registered NBFCs and NBFC-P2P ('Lenders') List of Lenders. |
Mutual Funds | Epifi Wealth Pvt. Ltd. ('Epifi Wealth') is a registered investment adviser and provides a platform for mutual funds investment. Epifi Wealth has partnered with MFCentral to provide mutual funds analyser to users. |
Loans Against Mutual Funds | Epifi Tech in partnership with regulated entities including Epifi Wealth and Bajaj Finserv provides a platform for loans against mutual funds. |
US Stocks | Epifi Tech has partnered with US stock broker Alpaca Securities LLC to provide users the option to invest in US stocks. |
Connected Accounts | Epifi Wealth (as a financial information user), in partnership with Finvu and Onemoney, provides users the option to link their existing financial accounts on Fi. |
Credit Analyser | Epifi Tech (as a non-specified user) in partnership with Experian and CIBIL provides insights on users' credit scores |
Fi-Coins | Fi-Coins are earned under a reward programme for engaging with products and services on the Fi App. |
Fi Store | Fi-Coins can be redeemed on products and services listed on Fi Store such as merchandise, gift cards, air miles, among other things. |
1. Net Worth: Helps users get a view of their financial Net Worth — in accordance with their assets & liabilities
2. Wealth Maximiser: Analyses your finances, shares financial reports to make informed money decisions
These products are governed by our Terms and Conditions, Privacy Policy, and any other product and partner specific terms and conditions as communicated to you.
©epiFi Technologies Pvt. Ltd. 2025
Fi is a money management platform that offers the perfect solution for all your financial needs. The Federal Bank Savings Account offered through Fi is an online savings account that you can open in 3 minutes! It goes beyond online account opening, as it has helped reimagine the banking experience in India
Through Fi, you can do more: apply for an instant personal loan, pick from many types of Mutual Funds, select the best SIP to invest in US Stocks, apply for a forex-free Debit Card (works for select account plans) to use while travelling abroad, analyse/improve their portfolio, get a 360-degree view of your spend insights and take steps building wealth.
You can also utilise Fi's free personal loan resources, such as the Personal Loan and EMI calculator, before proceeding to the quick loan application process. All of this is why over 35 lakh Indians feel that Fi is the only financial app you will ever need.