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Gratuity Calculator
Calculate gratuity amount you'll receive when you retire or leave your job as per Payment of Gratuity Act, 1972
Calculate Your Gratuity
₹
Yr
Mo
Eligible years of service
5 years
Gratuity amount
₹1,44,231
Calculation Breakdown
Last drawn salary (Basic + DA)₹50,000
15 days' salary₹28,846
× Eligible years5 years
Gratuity Amount₹1,44,231
Formula: Gratuity = (Last Drawn Salary × 15 × Years of Service) ÷ 26
Key Details:
- Last Drawn Salary = Basic Salary + Dearness Allowance (DA)
- 15 days' wages for every completed year of service
- Based on a 26-day working month
- Years of Service: Completed years, with 6+ months rounded up to the next year
- Eligibility: Mandatory after 5 years of continuous service
- Maximum limit: ₹20,00,000 for private employees (no limit for government employees)
Disclaimer: This calculator is for estimation purposes only. Results are approximate and may vary from actual values. Please consult with a financial advisor for personalized advice.