As an Example: If your CTC is Rs. 1,95,000/ year, Your monthly on hand salary will be Rs. 15,000
I.e. Rs. 15,000/month X 12 months = Rs. 1,80,000
Add: Bonus of 12 months = Annual Drawn Salary * 8.3333% = Rs. 15,000/- (Rounded)
Please note: Monthly salary calculations are based on your presence and working hours. So absence, leave, undertime or any other deductions will affect monthly salary as well as yearly bonus.