Once the selection process is complete and successful candidates are chosen, they are assigned to the Indian Army Agniveer program in roles like General Duty (GD), Tradesman, or Clerk. The monthly salary for Agniveer candidates begins at ₹30,000 that becomes an in-hand salary of ₹21,000.They get post-retirement benefits such as the Seva Nidhi package along with skill certificates. As per the three services’ policies, Agniveers receive a customized monthly package that includes Risk and Hardship allowances. There is no contribution made by them towards any Provident Fund and they also do not qualify for gratuity or pension benefits. Furthermore, the Army Group Insurance Fund (AGIF) does not provide them with any benefits as well.
A formidable salary package awaits the selected recruits of the Indian Army Agniveer Recruitment 2024 for their four years of service in any arm of the armed forces namely the Army, Air Force, or Navy. Moreover, one can expect to receive retirement packages and other benefits apart from their monthly salary during this period when they are Agniveers. The following content will provide more detail on the Indian Army Agniveer Salary 2024 with a closer look at how these young men and women who have just joined get paid as they go through their military training until completion.
Category
Details
Name of Scheme
Agneepath Yojana
Launched by
Central Government
Name of Post
Rally-wise Various Posts
Service Duration
4 years
Training Duration
10 weeks to 6 months
Qualification Required
8th/10th/12th pass
Official Website
joinindianarmy.nic.in
Indian Army Agniveer Salary: In-hand
Agniveers in the Indian Army shall receive a net monthly salary of ₹21,000 for 2024. This amount consists of various allowances but does not arrive as separate payments such as Dearness Allowance (DA) or Military Service Pay (MSP). In addition to the basic pay scale fixed for them, Agniveers would receive Risk and Hardship allowances applicable to all branches of armed forces into whose fold they fall. They are not required to contribute towards Armed Forces Personnel Provident Fund or any other kind of Provident Fund; thus making them ineligible for gratuity or pension benefits. Nor do they qualify under Army Group Insurance Fund (AGIF) schemes. Nevertheless, after serving for four years, Agniveers would be entitled to a one-time ‘Seva Nidhi’ package.4 This would comprise their own contributions plus interest with the Government also making an additional matching contribution to it.
Total Contribution to Agniveer Corpus Fund after Four Years
₹5.02 Lakh
₹5.02 Lakh
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—
Exit After 4 Years
—
—
—
₹10.04 Lakh (as Seva Nidhi Package, excluding interest)
Indian Army Agniveer Salary: Annual Package
The candidates who have been chosen for the Agniveer project of the Indian Air Force will be given a bespoke monthly stipend of ₹30,000 during their initial year of service. The pay is subject to an increase of 10% every year.As a result, the yearly pay package for the first year comes out to be ₹3.6 lakh while it reaches ₹4.8 lakh at the end of four years.
Year
Customized Package (Monthly)
Annual Package
1st
₹30,000
₹3.6 Lakh per Annum (LPA)
2nd
₹33,000
₹3.96 Lakh per Annum (LPA)
3rd
₹36,500
₹4.38 Lakh per Annum (LPA)
4th
₹40,000
₹4.8 Lakh per Annum (LPA)
Indian Army Agniveer Compensation 2024
In accordance with official sources, the overall payment of approximately ₹1.65 crore for Agniveers comprises:
Insurance: ₹48 lahks from the central government and ₹50 lahks from financial institutes under a MoU.
Ex Gratia: ₹44 lakh in cases of death as a result of military service or aggravated by it.
Army Welfare Fund: ₹8 lakh.
Balance of Pay: ₹13 lakh until the constraint term.
Agniveers receive an insurance cover of about ₹48 lakh without having to put in any premium money.
Ex gratia payments for Agniveers stand at about ₹44 lakh for deaths resulting from military operations etc., while these payments to regular forces vary between ₹25 lakh and ₹45 lakh depending on whether it was an operational death or not.
Conversely, there are also additional amounts paid due to circumstances such as death in action which amount to additional sums totalling up to about ₹8 lakhs within military circles and 2.5 lakhs otherwise, including those who are also called Agniveers.
Seva Nidhi:
A scheme for Agniveers, which is contributory, is Seva Nidhi. In situations where mortality occurs outside of military service reasonings, the capital along with the contribution made by the government and accrued interest will be paid out as a single lump sum amount at maturity. All things being equal, this would mean that the total payment will be about ₹67 lakh while overall compensation from final settlement and police checkups will be about ₹1.65 crore.
Indian Army Agniveer Perks and Allowances 2024
The following are the allowances of Agniveers in the Indian Army:
Risk & Hardship Allowance
Dress Allowance
Ration Allowance
Movement Allowance
Indian Army Agniveer Salary 2024 benefits
As part of salary benefits for the Indian Army Agniveers, they receive
Seva Nidhi Package: It is a one-time package given after four years of service that consists of their own savings with interest added and a matching contribution from the government.
Life insurance cover – Non-contributory life insurance cover of ₹48 lakhs is provided to Agniveers.
Ex gratia for death/disability – In case of death or disability due to service-related reasons, additional benefits are given to the next of kin.
Leave and medical facilities – Up to thirty days leave may be taken every year by Agniveers, who also have access to all medical services.
Canteen facility – Canteen facilities can be utilized by Agniveers.
Reservation – A 10% reservation in recruitment for the Assam Rifles, CAPFs, Coast Guard, and Defence PSUs is what Agniveers receive in terms of their reservations.
The Indian Air Force Agniveer salary slip is a complete and well-detailed document that shows all the details of the employee’s compensation, including salary, bonuses, deductions, and net income. Some of the components on a salary slip are:
Employee Name: The Agniveer’s name in full.
Employee ID: An identification number that is unique to each employees.
Rank: An official status given to Agniveers based on their service records.
Pay Period: This refers to the time period that the salary slipcovers.
Basic Pay: The salary which one receives on a monthly basis.
Allowances: This refers to all entitlements as well as extra payments that go along with salaries.
Gross Pay: The overall amount includes what was earned prior to cutting expenses off it.
Deductions: That refers to any figure that is deducted from salary before taxes or other deductions come into play.
Net Pay: This is the final amount after all deductions have been made.
Indian Army Agniveer Job Profile
The Agniveers of the Indian Army carry out essential functions relating to national security. They include:
Border Defense: This involves guarding against external dangers through constant patrols and vigilance among others.
Counter-Terrorism Operations: These are endeavors undertaken against insurgent groups to keep civilians safe from attacks.
Disaster Relief: It encompasses helping people affected by natural catastrophes like floods and earthquakes.
Training and Support: In this context, it means backing local security forces in societies ravaged by wars as well as taking part in worldwide peacekeeping assignments.
