Gratuity Calculator

This is an educational estimate. Eligibility and tax treatment depend on the Payment of Gratuity Act and your employer.

What is a Gratuity Calculator?

Gratuity ≈ (last drawn salary × 15 × years) / 26.

How is it calculated?

Enter last drawn basic+DA and years of service.

Formula used

G = (Salary × 15 × Years) / 26

Worked example

₹50,000 salary with 20 years ≈ ₹5.77 lakh in this formula.

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Frequently asked questions

Are results guaranteed?

No. These are planning estimates based on the numbers you enter.

Grow Money Calculator provides general financial calculation tools for educational and planning purposes. Results are estimates based on the information you enter and may differ from actual lender, bank or investment-product calculations. This is not a loan offer or investment advice. Read the full disclaimer.