Calculate your gratuity amount based on last drawn salary and years of service. Applicable after 5 years of continuous service.
Gratuity is a lump sum amount paid by an employer to an employee as a token of appreciation for services rendered. It is payable after 5 years of continuous service.
Gratuity = (Last Drawn Salary × 15 × Years of Service) / 26
Where Last Drawn Salary = Basic Salary + Dearness Allowance (DA)