GPF Calculator – Calculate Your General Provident Fund Balance Online Easily

Use our free GPF Calculator to estimate your General Provident Fund balance, interest, and maturity amount instantly. Plan your retirement savings better with this easy-to-use tool.

What is a GPF Calculator?

The General Provident Fund (GPF) Calculator is an online tool that helps government employees estimate their GPF balance, accrued interest, and maturity amount over time. By entering simple details like monthly contribution, interest rate, and tenure, you can get an accurate projection of your savings and plan your financial future better.

Who Can Use the GPF Calculator?

The GPF scheme is available to:

  • Central Government Employees who joined service before 1 January 2004 (before the introduction of NPS).
  •  State Government Employees covered under GPF rules.
  • Private sector employees are not eligible for GPF but can explore other options like EPF or PPF.

Benefits of Using a GPF Calculator

  • Quick Estimation: No manual calculations needed.
  • Accurate Results: Shows projected interest and total savings.
  • Better Planning: Helps you adjust contributions for a higher retirement corpus.
  • User-Friendly: Simple inputs for instant results.

How Does the GPF Calculator Work?

The GPF Calculator uses the following inputs:

  • Monthly Contribution: Amount deposited every month.
  • Interest Rate: Declared annually by the government (currently ~7.1%).
  • Tenure: Number of years you plan to contribute.

The tool then calculates:

Total Contribution + Accrued Interest = Maturity Amount

Current GPF Interest Rate

The Government of India revises GPF interest rates quarterly. For FY 2025, the GPF interest rate is 7.1% per annum (subject to change).

Formula for GPF Calculation

The GPF balance is calculated using this formula:

GPF Balance=P×N+Accrued Interest

Where:

P = Monthly Contribution

N = Number of Months

Accrued Interest = Interest compounded annually on the cumulative balance.

Sample GPF Calculation

Monthly Contribution: ₹5,000

Interest Rate: 7.1%

Tenure: 20 years

At the end of 20 years, your approximate GPF balance will exceed ₹24 lakhs (including interest).

Use Our GPF Calculator Tool

Try the interactive tool below to estimate your savings.

GPF Calculator

GPF Calculator

FAQs on GPF Calculator

Q : What is the current GPF interest rate?

Ans : The GPF interest rate for FY 2025 is 7.1% p.a.

Q : Can private employees use GPF?

Ans : No, GPF is only for government employees who joined service before 1 Jan 2004.

Q : How often is GPF interest credited?

Ans : Interest is credited annually.

Q : Is GPF withdrawal tax-free?

Ans : Yes, GPF maturity amount is fully tax-exempt.

Conclusion

The GPF Calculator is a must-have tool for every government employee to track contributions and forecast retirement savings. By adjusting your monthly deposit and tenure, you can secure a stronger financial future.

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