General Provident Fund maturity calculator for Central Government employees. Current GPF rate 7.1% p.a. Year-wise balance projection.
Enter your GPF subscription and balance to project your maturity amount.
| Year | Opening Balance | Subscription | Interest | Closing Balance |
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GPF gives guaranteed returns. Add equity mutual funds for higher long-term growth. Open free account.
GPF interest rate for Q1 FY2025-26 is 7.1% p.a. — same as PPF. Fully guaranteed by the Government of India. No market risk.
See exactly how your GPF balance grows each year with compounding, enabling precise retirement planning.
GPF subscription, interest, and withdrawal on retirement are all completely tax-free. No capital gains, no TDS.
General Provident Fund (GPF) is a provident fund exclusively for Central Government employees who are not covered under NPS, i.e., those recruited before January 1, 2004. GPF is a safe, government-guaranteed savings instrument that earns quarterly-declared interest.
The GPF interest rate for FY2025-26 is 7.1% per annum, compounded annually and credited on March 31 each year. The rate is the same as PPF and is notified quarterly by the Ministry of Finance. It has remained at 7.1% since April 2020.
Minimum monthly subscription is 6% of Basic Pay. There is no upper limit on subscription (unlike PPF which caps at Rs.1.5L/year). Employees can increase or decrease subscription within the financial year. GPF subscription is deducted at source from salary every month.
GPF advance can be taken for specific purposes (house construction/purchase, education, medical, marriage). Interest-free advances are available after 15 years of service. Partial withdrawals (non-refundable) are permitted after 10 years of service.
GPF is available only to Central Government employees who joined service before January 1, 2004 (i.e., before NPS was introduced). Employees who joined on or after January 1, 2004 are mandatorily covered under NPS and are not eligible to subscribe to GPF.
GPF interest is fully tax-exempt under Section 10(11) of the Income Tax Act, with no ceiling. This is more generous than EPF, where interest on contributions above Rs.2.5 lakh per year became taxable from FY2021-22. GPF retains full tax-exemption regardless of contribution amount.
Yes. GPF advance for house construction or purchase is available after 10 years of service. The advance amount can be up to 12 months' pay or actual cost of construction, whichever is less. Housing GPF advances are repayable in monthly installments over a specified period.