Career · Free tool
Notice Period Calculator
Pick your resignation date and notice period — see your last working day, the buyout cost if you want to leave earlier, and the joining-date gap to your new role.
How notice period buyback works
If you want to leave before your full notice period, you can pay the company for the “short notice”. The default formula is basic salary × number of days short. Some companies use total gross salary; check your offer letter.
The new employer often pays this buyout as a sign-on bonus. Negotiate this before accepting the offer — leverage drops sharply once you've signed.
FAQ
Standard notice period in India?
Tech: 60-90 days (commonly 3 months). Banking: 90 days. Manufacturing: 30 days. Govt: 3 months for non-Group A. Senior roles: 6 months. Check your offer letter.
Can I buyout my notice?
Most companies allow it. Buyout = (notice days remaining) × (CTC ÷ 365). Some employers refuse buyout for client-facing or critical roles. Always negotiate.
New employer vs notice period — what to do?
Buyout if affordable. Or negotiate joining date. Or work both jobs (rarely — risky). Most reputable companies accept 30-60 days buyout for the new hire.