Am I eligible for gratuity after just 5 years at ₹30,000 salary?
With a last drawn salary of ₹30,000 and 5 years of service — the minimum tenure for eligibility — the gratuity payable is about ₹86,538.
What is a gratuity calculator?
Under the Payment of Gratuity Act, gratuity is calculated as (15 × last drawn monthly salary × years of service) / 26, applicable to organizations covered under the Act.