Invoice Template

Salary Slip Format: Free Payslip Templates in Excel, Word and PDF

Salary slip formats for companies, shops and households: a filled payslip sample, every component explained, and free salary slip templates in Excel, Word and PDF. Or generate one online with net pay in words.

Make a salary slip nowEarnings, deductions, paid days and net pay in words. Nothing is uploaded.
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Salary slip format sample

Salary slip

SALARY SLIP FOR OCTOBER 2026

Aarav Electricals Pvt Ltd
14, Sunrise Complex, CG Road, Ahmedabad 380009

Employee namePriya SharmaEmployee IDAE-0142
DesignationAccounts ExecutiveDepartmentFinance
Date of joining12 Jun 2023PANABCPS1234K
UAN100000000000Bank A/cXXXXXX5678

Days in month: 31   Paid days: 30

EarningsAmountDeductionsAmount
Basic salary22,000.00Provident fund1,800.00
House rent allowance8,800.00Professional tax200.00
Conveyance allowance1,600.00Income tax (TDS)650.00
Special allowance5,100.00
Gross earnings37,500.00Total deductions2,650.00

Net pay: ₹34,850.00
Net pay in words: Rupees Thirty Four Thousand Eight Hundred Fifty Only

Employee signature
For Aarav Electricals Pvt Ltd
Authorised signatory
Use this salary slip formatEdit the figures, add your logo and download PDF, Word or Excel.
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What a salary slip contains

A salary slip (pay slip) is the monthly statement an employer gives an employee. Employees need it for loans, visas, rental agreements and tax filing, so it should be complete and consistent with bank credits.

ComponentTypeWhat it is
Basic salaryEarningThe fixed core of pay. Many other items (PF, HRA, gratuity) are worked out from Basic, so it is set with care.
House rent allowance (HRA)EarningPaid towards rent. Under the old tax regime an employee who pays rent may claim part of it as exempt with rent receipts.
Conveyance, medical, special allowanceEarningFixed allowances that make up the rest of gross pay. Names vary by employer.
Overtime, bonus, incentiveEarningVariable pay for the month.
Provident fund (PF), employee shareDeductionRetirement saving deducted under the EPF scheme where it applies. Enter the figure from your payroll.
ESI, employee shareDeductionHealth insurance contribution for employees covered by ESI. Enter the figure from your payroll.
Professional taxDeductionA state tax on employment, only in states that levy it. Amount depends on the state slab.
Income tax (TDS)DeductionTax deducted at source from salary based on the employee declarations and regime.
Loan or advance recoveryDeductionInstalment of any salary advance given.
Net payResultGross earnings minus total deductions. This is what reaches the bank account.

PF, ESI, professional tax and TDS depend on the employee, the employer, the state and the tax regime. Our tools and templates do not calculate them: enter the figures from your payroll or ask your accountant.

Salary slip templates

Download salary slip formats

How to make a salary slip

  1. Company details. Name, address and logo.
  2. Employee details. Name, ID, designation, department, PAN, UAN and bank account (masked).
  3. Attendance. Days in month, paid days and loss of pay days.
  4. Earnings and deductions. From your payroll register. Adjust for loss of pay.
  5. Net pay in figures and words. Check it matches the bank transfer.
  6. Sign and share. A PDF on email is common. Keep a copy.

Do and avoid

Do

  • Match net pay to the bank credit.
  • Mask most of the bank account number.
  • Issue one slip per month in a consistent format.
  • Show loss of pay days.

Avoid

  • Do not make salary slips for income that was not paid. Banks and embassies verify them.
  • Do not change figures after issue.
  • Do not guess statutory deductions.

Salary slip format for different employers

EmployerWhat to keepWhat to drop
Private limited companyPAN, UAN, PF and ESI numbers, department, cost centre, bankNothing; use the detailed layout
Small shop or officeName, role, month, paid days, salary, advance recoveryUAN, ESI, cost centre if not used
School or collegeDesignation, grade or scale, allowances by nameOvertime lines if not paid
Household staff (driver, cook)Name, month, salary, any advance, signaturesPAN, PF, department
Contract staff via agencyAgency name, client site, wage period, attendanceEmployer PF if the agency pays it
Overseas employerCurrency, tax ID, pension and tax linesIndian statutory lines

The salary slip generator has samples for each of these. Start from the closest one and delete rows you do not need.

Loss of pay and paid days

When an employee is absent without paid leave, many employers reduce pay in proportion to the days not paid. The usual way is to work out each earning for the paid days: earned amount = monthly amount x paid days / days in the month. Some employers divide by a fixed 30 or 26 days instead. Use whichever method your appointment letter or company policy states and show the paid days on the slip so the employee can check it.

ItemFull monthPaid days 28 of 31Working
Basic22,00019,87122,000 x 28 / 31
HRA8,8007,9488,800 x 28 / 31
Special allowance5,1004,6065,100 x 28 / 31

Field by field: filling the employee section

Who needs salary slips and why

NeedHow many slipsTip
Home or personal loanUsually last 3 monthsMust match bank credits
Credit card1 to 3 monthsLatest slip
Visa applicationOften 3 to 6 monthsSome embassies want them on letterhead and signed
Rental agreement1 to 3 monthsLandlords check net pay
New job offerLast 1 to 3 monthsConfirms current pay
Income tax returnAll monthsCompare with Form 16

Frequently asked questions

Is a salary slip mandatory?

Labour laws and many state rules expect employers to give wage slips. Even when not required, a payslip is good practice.

What is the difference between CTC, gross and net salary?

CTC is the full cost to the company including employer contributions. Gross is total earnings before deductions. Net is what the employee receives.

Can I make a salary slip in Excel?

Yes. The Excel salary slip works out gross, total deductions and net pay. The online generator also writes net pay in words.

Does the generator calculate PF or tax?

No. Statutory deductions depend on rules that change and on each employee. Enter the amounts from your payroll.

Can employees make their own salary slip?

A salary slip is issued by the employer. An employee can use the template to draft one, but it must be issued and signed by the employer.

Checked and updated 14 Oct 2026. Independent template site; not tax or legal advice.