Gratuity Calculator
Calculate your gratuity amount based on last drawn salary and years of service as per the Payment of Gratuity Act, India.
Estimated Gratuity Amount
| Description | Amount (โน) |
|---|---|
| Total Years Considered | |
| Gratuity Payable |
What Is Gratuity?
Gratuity is a statutory benefit paid by an employer to an employee as a token of appreciation for long-term service. In India, gratuity is governed by the Payment of Gratuity Act, 1972.
Who Is Eligible for Gratuity?
An employee becomes eligible for gratuity after completing at least 5 years of continuous service with the same employer, except in cases of death or disability.
Gratuity Calculation Formula
Gratuity = (Last Drawn Salary ร 15 ร Years of Service) รท 26
How Years of Service Are Counted
- If additional service exceeds 6 months, it is rounded up to the next year
- Less than or equal to 6 months is ignored
Why Use a Gratuity Calculator?
- Know your retirement benefits
- Plan long-term finances
- Understand employer obligations
- Avoid confusion during job change
Accuracy & Disclaimer
This calculator provides an estimate based on standard gratuity rules in India. Actual gratuity payable may vary depending on company policies and legal amendments.