🏦 Provident Fund

Provident Fund Calculator Pakistan

A Provident Fund is a mandatory retirement savings scheme where both employee and employer contribute a percentage of salary each month, and the accumulated balance earns a fixed annual return set by the government. This free Provident Fund calculator for Pakistan covers both GPF (General Provident Fund for government employees) and EPF (Employee Provident Fund for private sector, with employer matching). Enter your salary, years to retirement, contribution rates, and interest rate to see your full retirement corpus with a year-by-year accumulation table.

Fund Details

Adjust values to see retirement balance

Fund Type
GPF (Govt)
EPF (Private)
Rs
%
GPF standard: 6–8.33% of basic pay; EPF standard: 8.33%
%
GPF: set to 0 (employee only). EPF: 8.33–10% employer match.
Yr
%
GPF rate ~14% p.a. (declared annually by Govt.)
%
Total Fund at Retirement
—
After — years of service
Employee Total
—
Your contributions
Employer Total
—
Company contributions
Interest Earned
—
Compounded annually
💡 Monthly Income Equivalent
—
Per month for 20 years (at 12% drawdown)
—
Last drawn salary
Composition at Retirement
Fund Growth by Year
Year-by-Year Breakdown
Year Salary Emp Contrib Empr Contrib Interest Balance

Understanding Provident Funds in Pakistan

A Provident Fund (PF) is a mandatory retirement savings scheme in Pakistan where both the employee and employer contribute a percentage of the employee's basic salary each month. The accumulated balance earns a government-declared or trustee-set annual interest rate, and the lump sum is paid on retirement. Both contributions and the final payout are tax-exempt under Pakistan's Income Tax Ordinance 2001 for recognized funds.

GPF (Government)
  • For civil servants & govt employees
  • Rate: ~14% p.a. (declared annually)
  • Min contribution: 6% of basic pay
  • No employer match; govt credits interest
  • Governed by GPF Rules 1996
EPF (Private Sector)
  • For private sector employees
  • Both employer & employee contribute
  • Min rate: 8.33% each (often 10%)
  • Rate: market-linked or fixed by trustees
  • Governed by EPF Ordinance 1955

Want the full calculation walkthrough with worked examples? Read our guide: How Provident Fund is Calculated in Pakistan →

How to Use This Calculator

  1. Select fund type: GPF (government employees — set employer contribution to 0) or EPF (private sector, with employer matching).
  2. Enter your current basic monthly salary in PKR.
  3. Set employee contribution % (GPF min: 6%; EPF standard: 8.33–10%).
  4. Set employer contribution % (GPF: 0; EPF: 8.33–10% matching).
  5. Enter years of service until retirement.
  6. Set the annual interest rate — use ~14% for GPF (declared by Govt.) or consult your fund trustees for EPF.
  7. Set annual salary increment % (typical: 5–10% for Pakistan).
  8. Read your total corpus, breakdown by source, and the full year-by-year accumulation table.

Frequently Asked Questions

How much provident fund will I get after 25 years in Pakistan?
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It depends on salary, contribution rate, annual increment, and interest rate. An employee with Rs 80,000 basic salary contributing 10% each (employee + employer = Rs 16,000/month) over 25 years at 14% p.a. accumulates approximately Rs 4–4.5 crore. Use the calculator above to get your exact figure based on your actual inputs.
How is provident fund calculated in Pakistan?
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PF has two parts: (1) Contributions — employee and employer each contribute a % of basic salary monthly (EPF: min 8.33% each; GPF: min 6% employee-only). (2) Interest — Monthly interest = Balance × (Annual rate ÷ 12), summed and credited at year-end. Compounding over decades turns modest deposits into a large retirement lump sum.
What is the GPF interest rate in Pakistan 2025-26?
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The GPF interest rate for 2025-26 is approximately 14% per annum, declared by the Finance Division each fiscal year and linked to the National Savings rate. Confirm the exact current rate with your departmental accounts office (DAO) or the Controller General of Accounts (CGA).
What is the difference between EPF and GPF in Pakistan?
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EPF — for private sector; both employer and employee contribute minimum 8.33% each (often 10%), governed by the EPF Ordinance 1955. GPF — exclusively for government employees; only the employee contributes (min 6% of basic pay) and the government credits the declared annual interest rate. Toggle between modes in the calculator above.
Is provident fund taxable in Pakistan?
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No — for recognized funds. Under Pakistan's Income Tax Ordinance 2001, contributions reduce taxable income, interest credited is tax-free, and the retirement lump sum is fully exempt after 5+ years of service. Employer contributions up to 10% of basic salary are also not taxable. Only premature withdrawals from unrecognized funds may attract tax.
What is the provident fund contribution rate in Pakistan?
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EPF (private): minimum 8.33% each from employee and employer; most companies use 10% each — total monthly deposit = 20% of basic salary. GPF (govt): employee contributes minimum 6% of basic pay; the government does not match contributions but credits ~14% annual interest on the balance.
Can I withdraw provident fund before retirement in Pakistan?
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Yes, partially. GPF allows refundable advances for house construction, children's education, medical emergencies, and marriage. Full withdrawal is only on retirement, resignation, or dismissal. For EPF, the employer's share typically vests over 3–5 years — leave early and you may forfeit part of it. Early withdrawal permanently resets your compounding chain.