Understanding Gratuity Benefits: How Many Years of Service Do You Need?

Can anybody help me with what is the minimum number of years of service required to qualify for Gratuity benefits?

Regards,
Balaji.N.K

It is mandatory to complete five years of service at present. In Tamil Nadu/Madras State, individuals who complete 4 years and 240 days in their 5th year will be eligible for gratuity as per the Madras High Court verdict.

Regards,
D. Gurumurthy
HR & IR Consultant

4.8 years or, it can be said, 4 years and 240 days will be applicable for Gratuity.

Regards,
Saurabh

Gurumuthy and Saurabh have clarified the point: it is 4.8, i.e., 4 years and 240 days, which will make the employee eligible for gratuity. The notice period is covered within this timeline.

Regards,
Dilip Bhandari
HR Manager

Completion of 5 years of service is required for the payment of gratuity, and in each year, the number of working days should be 240.

Thanks & regards,
Sumit Kumar Saxena

Can somebody please provide me with a copy of the amendment made in the Gratuity Act mentioning 4 years and 240 days of continuous service entitled for Gratuity.

Regards,
Amit S