EDLI Calculator
Employee Deposit Linked Insurance — free life cover for every EPF member, funded by the employer.
Employee details
For calculation, capped at ₹15,000
Bonus = 50% of avg balance, max ₹1.75 L
Rate & data freshness
Default rate based on the latest official Government of India notification. Please verify the current rate before making financial decisions.
EDLI payout to nominee
₹6,75,000
Min ₹2,50,000 • Max ₹7,00,000
- Salary used (capped)
- ₹15,000
- Insurance component (35× salary)
- ₹5,25,000
- Bonus (50% of avg balance)
- ₹1,50,000
- Raw amount before cap
- ₹6,75,000
Post-2024 amendment. Payout is tax-free under Section 10(10D). Ensure EPF nominee is up-to-date.
How the math works
Payout = clamp[ 35 × min(Basic+DA, 15,000) + min(50% × Avg EPF Balance, 1.75 L), 2.5 L, 7 L ]
- Basic + DA
- Last drawn monthly (capped at ₹15,000)
- Avg balance
- Average EPF balance over last 12 months
How it works
- 1
Enter the last drawn monthly Basic + DA and the average EPF balance over the last 12 months.
- 2
CalcPe applies the 2024 formula: 35× salary + 50% of average balance (bonus).
- 3
Payout is clamped between ₹2.5 L (minimum) and ₹7 L (maximum).
- 4
Nominee registered on EPFO portal gets the payout on the member’s death.
A quick walkthrough
Inputs
Basic+DA ₹18,000 (capped at ₹15,000), average EPF balance ₹3,00,000.
Steps
- 35 × 15,000 = ₹5,25,000
- Bonus = 50% × 3,00,000 = ₹1,50,000
- Total raw = ₹6,75,000 (< ₹7 L cap)
Result
EDLI payout to nominee ≈ ₹6,75,000.
Why CalcPe’s EDLI Calculator
- Free life cover for every EPF member — no premium paid by the employee.
- Employer contributes 0.5% of monthly salary (max ₹75/mo) for EDLI.
- Automatic — no separate enrolment or medical needed.
- Assured minimum ₹2.5 L payout even for short-service members.