Leave Encashment Calculator: Calculate Payout in India
Estimate your leave encashment amount based on unused leave days and salary. Perfect for employees, HR professionals, and students in India.
Your Leave Encashment Result
Encashment Amount (₹)
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Daily Rate (₹)
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Calculation Steps
Steps will appear here after calculation.
Leave Encashment Calculation Tips
Verify unused leave days with HR.
Check company policy for days in month.
Note that payout may be taxable.
More Tools to Explore:
Your Guide to Leave Encashment Calculations in India
What’s a Leave Encashment Calculator?
This tool estimates the payout for unused leave days based on your basic salary and dearness allowance. Ideal for employees and HR professionals in India.
How Leave Encashment Is Calculated
Formula used:
Daily Rate:
Daily Rate = (Basic Salary + Dearness Allowance) ÷ Days in Month
Encashment Amount:
Encashment Amount = Daily Rate × Unused Leave Days
Our calculator provides accurate results with clear steps!
Understanding Your Results
Your results include:
| Component | Description |
|---|---|
| Encashment Amount | Total payout for unused leave (₹). |
| Daily Rate | Per-day value of leave (₹). |
Why Use a Leave Encashment Calculator?
Plan your finances effectively:
Financial Planning
Estimate leave payout.
HR Management
Calculate employee dues.
Learn Payroll
Understand encashment rules.
Key Considerations for Leave Encashment
Ensure accurate results:
Estimates are based on inputs. Company policies or caps may affect actual payout.
Encashment is taxable as salary income. Check with HR for net payout.
Some firms cap encashable days (e.g., 30/year) or use different formulas.
Frequently Asked Questions About Leave Encashment
Questions about calculating leave encashment in India? Here are answers to guide your financial planning:
It estimates the payout for unused leave days based on basic salary and dearness allowance.
Daily Rate = (Basic Salary + DA) ÷ Days in Month; Encashment = Daily Rate × Leave Days.
Typically 30 or 26, based on company policy (30 is standard).
Yes! Ideal for HR or finance students learning payroll calculations.
Yes! All calculations are done locally in your browser, with no data stored.