Finance Calculator
How to use this calculator
Enter monthly basic plus DA, completed years and additional months. Choose whether the employer is covered by the modelled statutory formula.
How the estimate is calculated
The covered-employer model uses 15 × monthly salary × counted years divided by 26. More than six additional months count as a year; exactly six do not. The non-covered model uses completed years and divisor 30.
Assumptions and exclusions
Applies the app’s ₹20 lakh model cap. Eligibility, exceptions, employer coverage, tax treatment and changes in applicable rules need separate verification. A result can be shown even when the ordinary five-year condition is not met.