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EPF Calculator

EPF Calculator APK

EPF Calculator APK

1.0.0 FreeKansapps ⇣ Download APK (3.36 MB)

What's EPF Calculator APK?

EPF Calculator is a app for Android, It's developed by Kansapps author.
First released on google play in 8 years ago and latest version released in 7 years ago.
This app has 0 download times on Google play and rated as 4.51 stars with 70 rated times.
This product is an app in Finance category. More infomartion of EPF Calculator on google play
It is a calculator app which calculates the epf corpus amount that will be available when one retires in accordance to th given input. All the inputs are mandatory to be provided. The app also suggests the percentage of the basic salary the employee must dedicate to the EPF account in order to achieve desired EPF corpus. A pie chart is also displayed with break up of the corpus amount in order to better understanding of the EPF corpus.

The following is the description of the inputs needed to be provided.

AGE: Current age of the employee.

Current EPF balance: The present balance amount in the EPF account.

Current Basic Salary: Monthly Basic Salary + Dearness allowance

Employee contribution in percentage: Percentage of the basic Salary the employee contributes to the EPF account (Default is 12%).

Employer contribution in percentage: Percentage of the basic salary the employer contributes to the EPF account (Employer contribution is also 12%, out of which 3.67% is towards EPF and the remaining 8.33% is towards EPS).

Average increase in Salary in Percentage: Percentage of average increase in Salary (per annum) over the years till the employee retires.

Retirement Age: Age when the employee expects to retire.

Current ROI for EPF: The current ROI provided by EPFO. Currently it is 8.80%.

Expected epf corpus: The amount an employee expects when he retires. Minimum is Rs 20,00,000.

Once the inputs are entered, click the submit button.