Provident fund hisab: basic × 8% from you, the same from the employer, plus interest
Estimates only, not financial advice. What you type stays on your device. Checked against sources on 17 Oct 2026.Under section 264 of the Bangladesh Labour Act, once a permanent worker has served one year, 7% to 8% of the monthly basic wage goes into the provident fund each month and the employer adds the same. On a 30,000 taka basic at 8%, that is 2,400 taka from each side, 57,600 taka a year before the interest the fund declares.
2026 · Rates and rules read from the sources listed on this page (the earliest on 17 Oct 2026); they may have changed since.
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This calculator projects a private-sector provident fund (ভবিষ্য তহবিল) under section 264 of the Bangladesh Labour Act 2006, as amended in 2026. Type the basic wage, the rate and the fund's interest rate, and see your contributions, the employer's, the interest and the balance year by year.
Interest. The Act sets no interest rate. A board of trustees with equal numbers of employer and worker representatives runs the fund and declares its return. The calculator uses your rate, works interest on each month's closing balance at the yearly rate divided by 12 and adds it at the end of each year, the usual method; your fund's rules may differ slightly.
An example. On a 20,000 taka basic at 8% with the employer matching, 12 months put 38,400 taka in the fund. At an 8% return the first year's interest is 1,664 taka, giving 40,064 taka.
The rest of the article, and all 6 questions about Bangladesh Provident Fund Calculator, are on the Bangladesh Provident Fund Calculator page.
Section 264(9) of the Labour Act sets the worker's contribution at not less than 7% and not more than 8% of the monthly basic wage, unless another rate has been agreed, and the employer pays at the same rate. House rent and other allowances are not counted in the wage.
A permanent worker starts paying into the provident fund after completing one year of service in the establishment, under section 264(9). For the first year nothing is deducted and nothing is added by the employer, so a ten-year projection for a new joiner has nine years of contributions.
Since the 2026 amendment, an employer with at least 100 permanent workers must set up a provident fund when two-thirds of them ask for one in writing. The employer is excused if it enrols interested workers in the universal pension scheme Progoti, paying 50% of the contribution while the worker pays 50%.
On a 20,000 taka basic at 8% with the employer matching, 38,400 taka goes in each year. Over 10 years that is 384,000 taka of contributions; at an 8% return credited yearly the balance comes to about 5.8 lakh taka. Use the calculator with your fund's own rate.
Rates and rules change; check the source before you rely on a figure.
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