Gratuity Calculator
Gratuity on leaving a job
Gratuity
₹2,88,462
≈ ₹2.88 Lakh
- Years counted
- 10
- Salary used
- ₹50,000
- Formula
- 15 × salary × years ÷ 26
Estimates only. Actual figures may vary with your bank, fund or policy.
How it worksCovered: 15 × salary × years ÷ 26 (6+ months rounds up). Not covered: 15 × salary × completed years ÷ 30.
FAQs
How is gratuity calculated?
Under the Payment of Gratuity Act: 15 × last drawn (basic + DA) × years of service ÷ 26.
Who is eligible for gratuity?
Usually employees with 5 or more years of continuous service. Rules can differ for fixed-term employees, so check with your employer.
How are months of service counted?
For employers covered by the Act, 6 months or more in the last year counts as a full year.