वित्तम्

Gratuity Calculator

Calculate gratuity under the Indian Payment of Gratuity Act using last drawn salary and completed years of service.

Key termsGratuityA statutory terminal benefit paid by an employer, commonly estimated using 15 days salary for each completed year.

Adjust inputs

INR
100001000000
Years
140
Months
011

सूत्रव्याख्या

Gratuity = 15 x last drawn salary x counted years of service / 26

For covered employees, gratuity is calculated using 15 days of wages for every counted year of service, based on a 26-day working month. Service above six completed months is rounded up to the next year.

Step-by-Step Example

  1. 1Use last drawn basic salary plus dearness allowance where applicable.
  2. 2Count completed years and round up when additional completed months are more than six.
  3. 3Multiply salary by 15 and counted years, then divide by 26.
  4. 4Apply the statutory gratuity cap where applicable to estimate payable gratuity.

Reference

Benchmark Table

Compare common scenarios quickly. Scroll horizontally on smaller screens.

Reference 1
Salary
INR 50,000
5 Years
INR 1.44 L
10 Years
INR 2.88 L
20 Years
INR 5.77 L
30 Years
INR 8.65 L
Reference 2
Salary
INR 1 L
5 Years
INR 2.88 L
10 Years
INR 5.77 L
20 Years
INR 11.54 L
30 Years
INR 17.31 L
Reference 3
Salary
INR 2 L
5 Years
INR 5.77 L
10 Years
INR 11.54 L
20 Years
INR 20 L cap
30 Years
INR 20 L cap
Reference 4
Salary
INR 80,000
5 Years
4y 7m = 5y
10 Years
INR 2.31 L
20 Years
Rounded up
30 Years
Check eligibility

प्रश्नोत्तराणि

Employees are generally eligible after completing five years of continuous service, with exceptions in cases such as death or disablement.

Estimated gratuity

INR 4.62 L

Details