GPF Calculator (India)
Estimate the maturity of your General Provident Fund. Enter your monthly subscription, the GPF interest rate and the number of years.
The General Provident Fund (GPF) is a savings scheme for Indian government employees, who subscribe a fixed part of their salary each month and earn a government-declared rate of interest — currently 7.1% (the same as PPF). This calculator projects your GPF balance at retirement from your monthly subscription, the rate and your years of service.
How GPF maturity is calculated
Each monthly subscription earns interest for the rest of your service, and the balance compounds over time.
where P = monthly subscription, i = rate ÷ 12, n = months
| ₹5,000/month at 7.1% | Maturity |
|---|---|
| After 10 years | ₹8,72,000 (approx) |
| After 20 years | ₹26,52,088 |
| After 30 years | ₹61,80,000 (approx) |
Worked example
₹5,000 a month for 20 years at 7.1%: total subscribed ₹12,00,000, maturity ₹26,52,088, interest earned ₹14,52,088.
GPF, PPF and EPF
GPF is for government staff; PPF is open to everyone; EPF is for private-sector employees. GPF and PPF currently share the 7.1% rate. GPF contributions and interest enjoy tax benefits, and the balance is paid on retirement. Rates are reviewed quarterly, so your actual return will track the declared rates over your career.