Gratuity Calculator: A Smart Tool to Estimate Your Retirement Benefits

Ashiana Housing’s Gratuity Calculator is a reliable and easy-to-use online calculator designed to help employees understand their end-of-service benefits. Built on the standard formula mandated by Indian law, this digital calculator gives you accurate results in seconds. Whether you're planning retirement or evaluating your gratuity eligibility, this tool supports better financial planning.

What is a Gratuity Calculator?

A Gratuity Calculator is a specialized free online calculator that helps salaried employees calculate the lump sum they are entitled to receive after completing a specified period of service. It’s particularly useful for those nearing retirement or switching jobs after long-term employment.

Ashiana Housing’s gratuity calculator India tool follows the exact legal formula and delivers reliable results that aid in effective financial planning.

Gratuity Calculation Formula

The gratuity calculation formula used by Ashiana Housing’s online calculator is:

G = n × b × 15 / 26

Where:

• n = Number of years of service
  
  
  
• b = Last drawn basic salary + Dearness Allowance (DA)
  
  
  
• 15 = Constant factor
  
  
  
• 26 = Number of working days in a month
  
  
  
• G = Gratuity amount
  
  
  

For instance:
 If you’ve worked for 5 years with a monthly salary (including DA) of ₹30,000, the gratuity amount would be:
 G = 5 × 30,000 × 15 / 26 = ₹86,538.46

This calculation is seamlessly built into Ashiana’s smart calculator, giving you accurate and instant results.

Key Factors in Gratuity Calculation

Your gratuity eligibility starts after completing 5 years of continuous service.

• Fractions of service beyond 6 months are rounded up. For example, 17 years and 6 months is rounded off to 18 years.
  
  
  
• The maximum tax-free gratuity is ₹10 lakh under the Payment of Gratuity Act, 1972. Any additional amount is considered ex gratia.

Why Use Ashiana’s Gratuity Calculator?

Ashiana Housing’s gratuity calculator India is more than just a number cruncher:

Fast and Accurate: Get your results in seconds using a legally valid digital calculator.
User-Friendly: Simple interface with clear inputs—no financial background needed.
Accessible: A free online calculator you can use anytime, anywhere.
Informed Planning: Helps integrate gratuity with other financial strategies like investments or retirement planning.

Who Should Use It?

• Employees near retirement planning their next phase of life.
  
  
  
• Job changers who’ve completed 5+ years with an organization.
  
  
  
• HR professionals managing employee benefits.
  
  
  
• Anyone interested in accurate, hassle-free financial planning using smart tools.

Conclusion

The Gratuity Calculator by Ashiana Housing simplifies one of the most overlooked areas of employee benefits. Whether you’re planning ahead or just curious about your entitled gratuity, this online calculator helps you stay informed and financially prepared.

Start calculating today and take charge of your future.