How much Amount I can get if the leaves encashment formula is this

Annual Fixed Compensation / 365 * Number of pro-rated EL days to be encashed?

My Annual Fixed Compensation is 11,13,000 per annum and the number of Earned leaves remaining is 5.

What is meant by prorated EL days? Is it same as EL i.e 5 in my case ?

From India, Bengaluru

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If Anyone share the formula how to encashed
From India, Shimla
1113000 / 365 x 5 (since this is the balance) = 15246.57
From India, Mumbai
If Anyone share name correction process in ESIC
From India, Shimla

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