Finance

Gratuity Calculator

Calculate gratuity payable as per the Gratuity Act

Last drawn (Basic + DA) monthly

₹

Years of service

yrs

Gratuity Payable

₹2,30,769

Below the ₹20 lakh statutory cap

Per year of service

₹28,846

Uncapped value

₹2,30,769

Formula

Gratuity = (15 × Last drawn salary × Years of service) / 26

Example: Salary ₹50,000 × 8 years → (15 × 50000 × 8) / 26 = ₹2,30,769.

How to use

Enter your last drawn basic + DA monthly salary.
Provide complete years of continuous service (≥ 5).
See your statutory gratuity entitlement.

Benefits

Estimate your retirement / resignation payout.
Plan financial transitions confidently.

Frequently Asked Questions

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This formula applies to employees covered under the Payment of Gratuity Act, 1972. Different formulas may apply for others.

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