Welcome to our Gratuity Calculator, designed to help you easily compute your gratuity benefits upon retirement or job change. Whether you're planning for your retirement or simply want to understand your entitlements, our calculator offers accurate and instant results.
Gratuity is a lump sum amount paid by employers to employees as a token of appreciation for their service, typically upon retirement or resignation after a minimum of five years of continuous service. It is calculated using the formula:
Gratuity=Last Drawn Salary×Years of Service×1526\text{Gratuity} = \frac{\text{Last Drawn Salary} \times \text{Years of Service} \times 15}{26}Gratuity=26Last Drawn Salary×Years of Service×15
Plan your financial future and ensure you receive the benefits you deserve with our Gratuity Calculator.