All Your EPF Details, One Tap Away

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:

• Download the Fi Money app
• Link your EPF account

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