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SBI SecuritiesAn SBI Group Company

Gratuity Calculator

Calculate your gratuity amount based on your salary and years of service.

Enter Details

₹50.00 K
₹5.00 K₹5.00 L
₹10.00 K
₹0₹2.00 L
10 Years
5 Years40 Years

Minimum 5 years required for gratuity

Gratuity Amount

You will receive

3,46,154

Last Drawn Salary

60,000

Years of Service

10 years

Gratuity Formula

Gratuity = (15 × Last Drawn Salary × Years of Service) / 26
  • • Last Drawn Salary = Basic + DA
  • • Minimum 5 years of continuous service required
  • • Maximum gratuity limit: ₹20,00,000
  • • Gratuity is tax-free up to ₹20 lakhs for employees covered under Payment of Gratuity Act