🏛️ Savings

🎁 Gratuity Calculator

Gratuity is a one-time payment made by an employer to an employee who has served for at least 5 years. Formula: (Last Salary × 15 × Years of Service) / 26.

₹10,000₹5,00,000
yrs
5yrs40yrs
Adjust values to see results

About this Calculator

Gratuity is a one-time payment made by an employer to an employee who has served for at least 5 years. Formula: (Last Salary × 15 × Years of Service) / 26.

Input Parameters

  • Last Drawn Monthly Salary (Basic + DA):Enter a value between ₹10000 and ₹500000
  • Years of Service:Enter a value between 5yrs and 40yrs

Frequently Asked Questions

Gratuity = (Last Basic Salary + DA) × 15/26 × Years of Service. The 26 represents working days in a month and 15 represents 15 days of wages per year of service.

You May Also Like