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Payslips Generated

All States

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Loan Applications

See How CTC Gets Structured

Enter your CTC once, AI structures it into proper salary components automatically

β‚Ή10,00,000

Basic Salary:β‚Ή42,000
HRA:β‚Ή21,000
Special Allowance:β‚Ή17,000
PF Deduction:βˆ’β‚Ή5,040
Prof. Tax:βˆ’β‚Ή200

Entry-level salary structure

β‚Ή20,00,000

Basic Salary:β‚Ή80,000
HRA:β‚Ή40,000
Special Allowance:β‚Ή50,000
PF Deduction:βˆ’β‚Ή9,600
Prof. Tax:βˆ’β‚Ή200

Mid-level professional salary

β‚Ή50,00,000

Basic Salary:β‚Ή2,00,000
HRA:β‚Ή1,00,000
Special Allowance:β‚Ή1,50,000
PF Deduction:βˆ’β‚Ή18,000
Prof. Tax:βˆ’β‚Ή200

Senior management salary

πŸ’‘ Note: These are example breakdowns. Your actual payslip will adjust based on your CTC, state, and any additional allowances or deductions. The generator follows current Indian payroll standards for 2026.

Understanding Your Payslip

What each component means and how it's calculated

βœ“ EARNINGS

Basic Salary

Foundation component (40–50% of CTC)

HRA

House Rent Allowance (40–50% of Basic, 50% in metros)

Special Allowance

Variable component to make up the CTC

LTA

Leave Travel Allowance (if applicable)

βˆ’ DEDUCTIONS

PF (EPF)

12% of Basic Salary (capped at β‚Ή1,800/month)

Professional Tax (PT)

β‚Ή200/month (varies by state and salary)

TDS

Tax Deducted at Source (if annual salary exceeds threshold)

LOP

Loss of Pay (deductions for unpaid leave days)

Free Payslip Generator β€” Create & Download Salary Slip PDF Online

A salary slip (payslip) is a document that shows your monthly earnings and deductions from your CTC (Cost to Company). It breaks down your gross salary into Basic Pay, HRA (House Rent Allowance), Special Allowance, and other earnings, then deducts Provident Fund (PF), Professional Tax, TDS (Tax Deducted at Source), and any Loss of Pay (LOP). Banks require salary slips for loan applications, and employers use them for statutory compliance. Our free generator instantly structures your CTC into a professional payslip PDF that follows Indian payroll standards β€” perfect for employees, freelancers, and small business owners who need salary documentation without manual calculations.

Key Benefits:

  • βœ“ Instant PDF Generation β€” Professional salary slip in seconds, ready to download
  • βœ“ AI Salary Structuring β€” Automatically breaks down CTC into Basic, HRA, Special Allowance following Indian norms
  • βœ“ Automatic Tax Calculations β€” PF (12%), Professional Tax, TDS all calculated per Indian law
  • βœ“ Bank Loan Ready β€” Format accepted by all Indian banks and NBFCs for salary verification

Who Should Use This?

Employees applying for home loans, personal loans, or credit cards; freelancers documenting income; HR teams generating payslips; contractors proving salary history; and anyone needing professional salary documentation without accounting software.

How does it work?

Simply enter your CTC (Cost to Company). The AI automatically breaks it down into components (Basic Salary, HRA, Special Allowance) following Indian payroll conventions, then calculates all deductions (PF at 12% of Basic, Professional Tax per state, TDS if applicable). Click download to get a professional PDF payslip ready for banks, loans, or employer records. No signup, no fees.

Frequently Asked Questions

What components are included in a salary slip in India?

Earnings: Basic Salary, HRA, Special Allowance, LTA, and other allowances. Deductions: Provident Fund (12% of Basic), Professional Tax, TDS, and LOP. The tool generates all components automatically from your CTC input.

How is PF calculated on a salary slip?

Employee PF is 12% of Basic Salary, capped at β‚Ή1,800/month. Employer contributes another 12% (3.67% EPF + 8.33% EPS). Both are calculated and shown automatically.

What is Professional Tax (PT)?

PT is a state-level tax on salaried employees β€” typically β‚Ή200/month for salaries above β‚Ή15,000 in most states. The tool applies the correct PT deduction for your salary range.

How is HRA calculated from CTC?

HRA is 40–50% of Basic Salary (50% in metros, 40% in non-metros). Basic is typically 40–50% of CTC. The AI structures your CTC into standard components following Indian payroll conventions.

Is this salary slip accepted by banks?

Yes. The PDF includes all standard fields: employee and company details, earnings breakdown, deductions, and net pay β€” accepted by most Indian banks and NBFCs for loan applications.

How do I make a payslip online for free?

Use this free online payslip generator β€” enter your employee name, company, and CTC. The tool automatically calculates Basic, HRA, Special Allowance, PF, and Professional Tax. Click download to get a professional payslip PDF ready to use. No software, no signup.

Can I download the salary slip as a PDF?

Yes. Once generated, click the Download PDF button to get a print-ready salary slip PDF. The format includes all standard Indian payslip fields and is suitable for bank loan applications, HR records, and employee documentation.

What is the difference between a salary slip and a salary statement?

A salary slip (payslip) is a monthly document showing one month's earnings and deductions. A salary statement shows a summary across multiple months. Banks typically ask for 3–6 months of salary slips when processing home or personal loan applications.