GPF Calculator
GPF is the provident fund for government employees under the old pension scheme. Enter your subscription and balance to project the fund year by year.
How to use this calculator
- Enter your monthly subscription.
- Enter the years to retirement and your opening balance.
- Optionally enter the yearly rise in your subscription.
- Choose the date, and calculate.
How it is calculated
Interest is credited once a year on the running balance, and a subscription paid during the year earns interest only for the months after it is paid.
The GPF rate is notified every quarter; this carries the current rate forward unchanged.
Worked example
A monthly subscription of ₹10,000 for 15 years from a balance of ₹5,00,000: the year-by-year table shows subscriptions and interest.
Run this worked exampleRelated calculators
- EPF CalculatorMonthly EPF contributions, the split into the pension scheme, and the balance at retirement.
- Old Pension Scheme CalculatorMonthly pension under the old defined-benefit scheme, pro-rated below full qualifying service.
- Retirement Corpus CalculatorWhat regular investing, stepped up each year, builds by retirement, year by year, and what it is worth in today’s money.
- NPS CalculatorYour NPS corpus at retirement with pay rising year by year, the lump sum you may withdraw, and the pension the rest buys.
Where the jobs are
Indicative only. The official order or notification governs, and every figure should be checked against it before you act on it.