EPF Withdrawal Calculator (India): Amount, Eligibility, Tax

About the EPF Withdrawal Calculator (India): Amount, Eligibility, Tax

Your PF can be drawn in two ways. A partial withdrawal (an advance) leaves the account open: under the Employees’ Provident Funds Scheme, 2026, which replaced the 1952 Scheme, you may take up to 100% of the eligible balance — everything above a minimum balance of 25% — for illness, education, marriage, a house or special circumstances, once you have 12 months of membership. A full withdrawal (final settlement) closes it: at 55 or later, on permanent incapacity, retrenchment, voluntary retirement or a move abroad, or 12 months after you leave a job and stay out of EPF-covered work.

Enter your passbook balances, your service and the reason, and the calculator shows what you can withdraw today, what must stay, how many claims of that kind you have left, or the date a final settlement opens. For a final settlement it adds the TDS (10%, or 20% without a PAN) and whether the money is taxable — it is when service is under five years — and your pension options: the EPS withdrawal benefit from Table-IV of the Employees’ Pension Scheme, 2026, or a scheme certificate. Everything is worked out in your browser.

Partial withdrawals: the three kinds and their limits

Paragraph 46 of the 2026 Scheme replaced the many separate advance rules with three kinds — essential needs (illness, education, marriage of you or a family member), housing (buying a flat or house, a site, building, repaying a home loan, additions or repairs) and special circumstances, for which the Scheme names no particular purpose.

• What you can take: up to 100% of the Eligible Member Balance — the balance after keeping the Minimum Balance, 25% of the total contributions credited (employee’s and employer’s shares with interest). In practice, about 75% of your PF.
• Membership: 12 months of total membership for every kind. Earlier service counts under paragraph 47 when that PF was not withdrawn. A member who leaves a job before 12 months may still withdraw up to the eligible balance (paragraph 46(5)).
• How often: education up to 10 times and marriage up to 5 times during your membership, housing up to 5 times, special circumstances twice in a financial year; illness has no stated limit. The counts start afresh under the 2026 Scheme (paragraph 46(6)).
• Smallest claim: ₹1,000.

Full withdrawal: when the whole PF can be taken

Under paragraph 49 the whole balance is paid on retirement at 55 or later, on permanent and total incapacity, just before moving abroad to settle or work, on retrenchment and under a voluntary retirement scheme. Where a unit closes or you move to an establishment the Code does not cover, payment comes after two months. In any other case you may withdraw everything once you have not worked in any EPF-covered establishment for 12 months; a woman who resigns to get married need not wait. After a withdrawal on leaving, a later job makes you a fresh member, so transferring the balance to your new employer’s account is usually better.

Your pension money (EPS)

The employer’s 8.33% that goes to the Employees’ Pension Scheme, 2026 is not part of your PF balance. With less than 9½ years of EPS service (six months or more counts as a year, paragraph 9) you can take a withdrawal benefit — the wages at exit × the Table-IV factor for your months of service (12 months 1.02, 24 months 1.99, 60 months 5.02, 108 months and more 9.33) — or a scheme certificate that carries the service to your next job. The wages are the weighted average over the wage-ceiling periods of your service: ₹15,000 a month up to 16 September 2026 and ₹25,000 after (S.O. 5109(E)). If you leave before 58, the benefit can be claimed 36 months after your last contribution fell due, or at 58 if that comes first. With 9½ years or more you have earned a pension from 58 (from 50 at 4% less for each year early) and there is no withdrawal benefit.

Tax and TDS

A partial withdrawal is not taxed. TDS under section 392(7) of the Income-tax Act, 2025 applies to the accumulated balance paid when you leave.

• Exempt: after five years of continuous service — earlier employers count when their balance was transferred — or when your service ended through ill-health, contraction or closure of the employer’s business, or another cause beyond your control (Schedule XI, Part A, paragraph 8). A transfer to a new employer’s PF is never taxed.
• Taxable: otherwise the balance is taxed as if the fund had not been recognised for each year concerned (paragraph 9): the employer’s share and its interest as salary, and any deduction you took for your own contributions is reversed.
• TDS: 10% when the taxable payout is ₹50,000 or more; 20% if EPFO does not have your PAN (section 397(2)); none when you give a valid Form No. 121 declaration — only if the tax on your total income for the year is nil and, below 60, the payout itself is not more than the amount not chargeable to tax (₹4 lakh in the new regime, ₹2.5 lakh in the old; section 393(6)). A declaration without a PAN does not count (section 397(2)(f)). The Form 15G/15H (Form No. 121) checker tells you whether yours would be valid.

Limitations

• EPFO decides every claim. This calculator applies the Scheme’s rules to the figures you enter; interest for the current year is added by EPFO at settlement.
• The Scheme counts the 25% minimum balance on all contributions and interest credited. Enter earlier partial withdrawals to include them; the amount EPFO shows when you file the claim is the one that counts.
• The EPS wages are split month by month into the wage-ceiling periods, with the wage of earlier periods taken as the lower of your wage at exit and that ceiling. September 2026 is counted in the ₹25,000 period.
• Private PF trusts of exempted establishments, international workers (paragraph 51) and claims on a member’s death are not covered.
• The tax estimate is rough: the real tax is worked out year by year as if the fund had not been recognised. Use the income tax calculator for the year of the payout.

Privacy

Everything happens in your browser. What you enter or open here is not uploaded or stored by MySmartCoPilot.