Interest Rate Table
| Year | March Rate (%) | July Rate (%) |
|---|
📅 GPF Summary
Scroll horizontally on smaller screens to view full table.
| Period | Opening | Contribution | Interest | Withdrawal | Closing |
|---|
💰 Final Summary
Total Invested
Total Interest Earned
Total Corpus
Use Cases for WB GPF Calculator
Early-Career Planning
New government employees can estimate their GPF growth by entering their starting balance, monthly contributions, and expected service years.
Mid-Career Withdrawals
Employees planning withdrawals for expenses like education or housing can input withdrawal amounts in JSON format to see their impact.
Pre-Retirement Estimation
Those nearing retirement can adjust interest rates and contributions to project their final GPF corpus.
Frequently Asked Questions
What is a General Provident Fund (GPF)?
The General Provident Fund (GPF) is a savings scheme for West Bengal government employees, allowing salary contributions with attractive interest rates.
How does this WB GPF Calculator work?
Input your opening balance, monthly subscription, joining and retirement years or a single year, and withdrawals. It estimates contributions, interest, and total corpus.
Can I edit the interest rates?
Yes, click "Edit Interest Rates" to customize March and July rates for accurate projections.
Who can use the WB GPF Calculator?
It’s for West Bengal government employees enrolled in GPF, ideal for retirement planning.
Are GPF withdrawals taxable?
GPF withdrawals are generally tax-free after five years of service or at retirement, subject to conditions. Consult a tax advisor.
How accurate are the projections?
Projections are based on user inputs and historical/projected rates. Actual GPF returns may vary due to policy changes.