September 26, 2023

Retirement planning is essential to make sure a gentle move of revenue after you progress on from the working part of your life. One approach to save on your retirement is Gratuity and Worker Provident Fund (EPF). Gratuity and EPF, each, are non-equity-linked financial savings schemes that offer you a lump-sum quantity whenever you retire.

To calculate your anticipated revenue from gratuity and EPF, you should utilize a gratuity calculator and an EPF calculator. With the assistance of those calculators, you may acquire essential insights about your retirement financial savings and make any well timed changes, if required. Let’s be taught extra about utilizing these calculators to plan your retirement corpus.

The right way to Use a Gratuity Calculator?

You might be eligible for gratuity after rendering your companies to an employer repeatedly for five years. Listed here are the steps you need to comply with to calculate your gratuity quantity:

  • Open the Gratuity Calculator on the Dhan web site.
  • Now, enter your month-to-month wage within the given discipline. That is your primary wage plus Dearness Allowance (DA).
  • Then, enter the length of your service.
  • You’ll now be capable to see the entire gratuity payable to you by the employer.

The right way to Use an EPF Calculator?

You have to comply with the steps mentioned right here to precisely calculate the EPF quantity receivable on the time of retirement:

  • Open the EPF Calculator on the Dhan web site.
  • Now enter your month-to-month wage adopted by your present age and retirement age.
  • You have to additionally present the respective percentages of employer and worker contributions to the EPF.
  • Lastly, enter the typical annual increment and the prevailing EPF rate of interest.
  • You’ll now be capable to see the ‘Complete Maturity Quantity’ together with the time length.

Advantages of Utilizing EPF and Gratuity Calculators

Listed here are some advantages supplied by these two helpful monetary instruments to assist maximise your retirement financial savings:

1. Offers Correct Information and Calculations

The data offered by these two calculators is correct, not like handbook calculations which have larger probabilities of errors. With the assistance of calculations, you may create an efficient retirement financial savings plan.

It’s also possible to discover a number of retirement eventualities with these calculators. Attempt totally different inputs like age choices and rates of interest to find out one of the best mixture on your necessities.

2. Undertake Well timed Changes

With the assistance of those calculators, you can also make well timed changes to your retirement plan. As an illustration, any change in your revenue or rates of interest should be thought-about to make sure that your retirement plan is on observe.

3. Out there for Free

Each these monetary instruments can be found freed from price. Therefore, you may freely use them as and whenever you like to regulate your retirement financial savings plans. You additionally don’t want any particular devices to entry them, any laptop or smartphone with an web connection will work.


Environment friendly retirement planning requires utmost accuracy whereas calculating for which utilizing an EPF calculator and a gratuity calculator is essential. These two calculators equip you with the data that may show you how to put together a strong monetary plan on your retirement financial savings.

To be taught extra about one of the best on-line investing choices that may be part of your retirement plan, go to Dhan.