Retirement Corpus Calculator: Know your monthly EPF contribution to get Rs 1.50 crore, Rs 2.25 crore, and Rs 3 crore corpuses

The employer's contribution also goes to Employees' Pension Scheme (EPS). EPF subscribers can withdraw their retirement corpus after a minimum of 10 years of service or at 58 years of age. 

Employees' Provident Fund Organisation (EPFO) offers an 8.25 compound per cent interest rate on EPF. Deposits up to Rs 1.50 lakh in a financial year in EPF provide tax benefits to an EPF subscriber under Section 80C of the Income Tax Act, 1961. 

The minimum contribution in EPF from an employee is Rs 1,800, while the maximum is 12 per cent of their basic salary and dearness allowance (DA). In this write-up, know how much estimated amount you need to invest if you are aiming at creating corpuses of Rs 1.50 crore, Rs 3 crore, or Rs 4.5 crore. 

We are assuming an EPF subscriber will start contributing to their EPF account at the age of 25. They will contribute up to the age of 60. So, their investment horizon will be 35 years. They will contribute a fixed amount and will not increase the amount. 

If one is aiming for a Rs 1.50 crore retirement corpus, their estimated monthly contribution should be Rs 6,350.
A monthly contribution of that proportion can give an estimated amount of Rs 1,50,29,133.18. 

If you aim at a Rs 2.25 crore retirement corpus, your estimated monthly contribution should be Rs 9,507. 
That contribution will give you an estimated amount of Rs 2,24,84,529.95 in 35 years. 

To get a corpus of Rs 3 crore, you need to invest a little over Rs 12,500 a month. 
That amount will help you get an estimated Rs 3 crore corpus.

(Calculations are for knowledge purpose only. Actual calculations may vary.)