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Eligibility: Minimum 5 years of continuous service.
Formula (Act-covered):(Basic+DA) × 15 × Years / 26
Formula (Not covered):(Basic+DA) × 15 × Years / 30
Rounding: If months of service > 6, round up to next year.
Maximum Cap: ₹20,00,000 (Twenty Lakhs) as per 2010 amendment.
Reference: Payment of Gratuity Act, 1972
Disclaimer: This app is not affiliated with any government organization. Calculations are estimates based on publicly available financial rules.