Gratuity Calculator
Calculate your Gratuity:
Monthly Salary (Basic Pay + D.A)
Amount
Years of Service
Year(s)
Monthly Salary (Basic Pay + D.A)
Amount
Years of Service
Year(s)
Monthly Salary (Basic Pay + D.A)
₹5,00,000
Years of Service
25 Years
Gratuity Amount
₹0
Your gratuity amount will be
₹0
What is Gratuity Calculator?
Gratuity is a lump-sum payment made by an employer to an employee as a reward for long-term service, subject to applicable laws and company policies. A gratuity calculator is an online tool that helps estimate the gratuity amount an employee may receive based on their last drawn salary (basic + dearness allowance) and completed years of service. Instead of performing manual gratuity computation, the calculator provides quick estimates in just a few clicks.
Benefits of Using a Gratuity Calculator
Quick Gratuity Estimates
A gratuity calculator instantly estimates your gratuity based on your last drawn salary (basic + dearness allowance) and completed years of service
Reduces Human Errors
The tool automates gratuity computation and reduces the chances of errors that may occur while using the gratuity formula manually
Verifies HR Settlements
A gratuity amount calculator helps you verify your employer’s calculations to ensure you are not underpaid during your exit process
Compare Different Scenarios
An employee gratuity calculator lets you adjust your last drawn salary and years of service to compare different gratuity outcomes
Improves Financial Decision-making
Use a gratuity calculator online to estimate your lump-sum gratuity and plan your retirement more effectively
Accessible Anytime, Anywhere
The Kissht gratuity calculator is available 24x7 from any device
How Does the Gratuity Calculator Work?
A gratuity calculator estimates the gratuity payable based on your last drawn salary (basic + dearness allowance) and the number of completed years of service. The calculation generally follows the provisions of the Payment of Gratuity Act, 1972, for eligible employees.
Gratuity Formula
For employees covered under the Act
Gratuity = (Last Drawn Salary x 15 x Years of Service) ÷ 26
Where
- Last Drawn Salary = Basic + Dearness Allowance
- 15 = 15-day wages per year of service
- 26 = No. of working days in a month (excluding Sundays)
- Years of Service = Total completed years (if you have worked for more than 6 months in the last year, it is generally counted as one full year)
Example
Suppose you invest Rs. 2,50,000 in an FD for 4 years at an annual interest rate of 7.5%
- Last Drawn Salary = Rs. 60,000 per month
- Completed Years of Service = 12 years
Gratuity = (60,000 x 15 x 12) ÷ 26 = Rs. 4,15,385 (approx)
For employees not covered under the Act
Gratuity = (Last Drawn Salary x 15 x Years of Service) ÷ 30
Where
- Last Drawn Salary = Basic + Dearness Allowance
- 115 = 15-day wages per year of service
- 30 = No. of calendar days in a month
- Years of Service = Fully completed years
Example
- Last Drawn Salary = Rs. 45,000 per month
- Completed Years of Service = 8 years
Gratuity = 45,000 x 15 x 8) ÷ 30 = Rs. 1,80,000 (approx)
How to Use the Kissht Gratuity Calculator?
Using the Kissht gratuity calculator is simple and takes only a few steps.
01
Visit the official website of Kissht
02
Go to Calculators and select ‘gratuity calculator
03
Enter your last drawn salary (basic + dearness allowance)
04
Enter your completed years of service
05
Verify your eligibility for gratuity before proceeding
06
Click on the ‘Calculate’ button
07
View your estimate using the Kissht gratuity amount calculator
What our Customer Say about Us
4.9
Customer Reviews
I was curious about how much gratuity I could receive after completing five years with my company. This calculator gave me a quick estimate and helped me understand my benefits better.
Rahul Mehta
Pune
The calculator was very easy to use. I entered my salary and years of service, and the estimate was ready in seconds. It helped me plan my future finances.
Priya Sharma
Bengaluru
I was switching jobs and wanted to estimate my gratuity before resigning. The calculator gave me a clear idea of what I could expect.
Ankit Verma
Gurugram
I didn't know how gratuity was calculated. This tool made the process simple and helped me estimate my gratuity amount without any manual calculations.
Sneha Nair
Kochi
The Gratuity Calculator was helpful in understanding how my years of service impact the final payout. It's a useful tool for anyone planning their long-term finances.
Vikram Patel
Ahmedabad
I used the calculator while discussing my retirement planning with my family. It gave me a good estimate of my gratuity amount and helped us plan better.
Meenakshi Rao
Hyderabad
Kissht - Sapno ko Kaho YES!
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Frequently Asked Questions
A gratuity calculator is an online tool that helps estimate the gratuity amount an employee may receive based on their last drawn salary and years of service using the applicable formula for gratuity in India.
For accurate gratuity computation, enter your last drawn salary (basic + dearness allowance) and the number of completed years of service.
Generally, eligibility for gratuity requires an employee to have completed at least 5 years of continuous service with the employer, subject to applicable legal provisions and exceptions.
The commonly used calculation for gratuity in India for employees covered under the Payment of Gratuity Act, 1972 is:Gratuity = (Last Drawn Salary x 15 x Completed Years of Service) ÷ 26Note: Last Drawn Salary = Basic + Dearness Allowance
Yes. A reliable employee gratuity calculator, or an online gratuity calculator, uses the standard gratuity formula to estimate the payout based on the information entered. However, the final amount paid depends on your employer’s policies and applicable legal provisions.
