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Indian Airforce Agniveer Salary 2024, In Hand, Structure, Allowance

Indian Airforce Agniveer Salary

The Indian Air Force has released the salary details for the Agniveer position in their 2024 notification. As per the announcement, the monthly salary for Air Force Agniveer is INR 30,000, with a fixed yearly increment. This salary package includes allowances, perks, and benefits throughout the service tenure. The Indian Air Force Agniveer, known for its extraordinary commitment and outstanding service, offers a competitive salary package that reflects the significance of their duties and the value placed on their dedication.

Agniveer Vayu Salary Structure

Selected Agniveers will receive a monthly salary that includes Risk and Hardship allowances as per armed forces regulations. Upon completing four years of service, they will receive a one-time ‘Seva Nidhi’ package, comprising their contributions with interest, supplemented by a government contribution. The salary package also includes various allowances set by the Government of India. However, there will be no Dearness Allowance (DA) or Military Service Pay (MSP) since the Agniveer’s salary is provided as a comprehensive package.

Year Customised
Package
{Monthly)
In Hand
(70%)
Contribution to
Agniveer Corpus
Fund (30%)
Contribution to
corpus fund by
GoI
All figures in Rs (Monthly Contribution)
1st Year 30000 21000 9000 9000
2nd Year 33000 23100 9900 9900
3rd Year 36500 25580 10950 10950
4th Year 40000 28000 12000 12000
Total contribution in Agniveer Corpus Fund after four years Rs 5.02 Lakh Rs 5.02 Lakh
Exit After 4 Year Rs 10.04 Lakh as Seva Nidhi Package
(Absulute amount excluding interest)

Indian Air Force Annual Salary

Candidates who meet the eligibility criteria for the Indian Air Force Agniveer will receive a salary determined by the Ministry of Defence. It’s important to note that the candidate’s monthly salary will increase each year, so the annual package may change. To find out more about the annual salary for the Indian Air Force Agniveer, check the table below.

Year  Monthly Customized Package(INR) Annual Package(INR)
First Year 30,000 3,60,000
Second Year 33,000 3,96,000
Third Year 36,500 4,38,000
Fourth Year 40,000 4,80,000

These benefits aim to support Agniveers in their post-retirement endeavours, providing them with financial stability, educational opportunities, and favourable career prospects in various sectors.

Indian Air Force Agniveer Allowances

Indian Air Force Agniveers are entitled to various allowances in addition to their regular salary. These allowances are designed to provide financial support and compensation for various aspects of their service. Let’s take a closer look at some of the allowances provided to Agniveers in the Indian Air Force:

  • Dearness Allowance (DA): This allowance helps offset the impact of inflation on an officer’s purchasing power. It is calculated as a percentage of the IAF Agniveer officer’s basic pay and is included in the overall Indian Air Force Agniveer Salary.
  • Transport Allowance: Officers receive this allowance to cover their transportation expenses.
  • Field Area Allowance (FAA): This allowance is provided to officers serving in field areas or challenging terrains.
  • Kit Maintenance Allowance (KMA): This allowance is meant to cover expenses related to maintaining uniforms and equipment.
  • Technical Allowance: Officers with technical qualifications or those in technical roles receive this allowance.
  • Flying Allowance: Officers engaged in flying duties receive this allowance as compensation for their operational responsibilities.
  • Other Allowances: Various other allowances, such as Medical, House Rent, and Children’s Education Allowance, may be applicable based on the officer’s circumstances.

Other Benefits Provided to IAF Agniveers

In addition to the allowances, Indian Air Force (IAF) Agniveers also enjoy a range of other benefits that contribute to their overall well-being and professional growth. Following are the benefits given to the Agniveers :

  • Total Amount to be given as Seva Nidhi Package after 4 years service (one time): Rs. 10.04 Lakh, , providing them with financial support to start a new chapter in their lives.
  • Those who aspire to become entrepreneurs will receive assistance in securing business loans, enabling them to pursue their entrepreneurial dreams.
  • Agniveers who wish to continue their studies will be awarded a certificate equivalent to Class 12. Additionally, the government will facilitate bridging courses for further education.
  • 25% of Agniveer candidates will later on become part of a regular cadre of Armed forces.
  • The IT, Security, and Engineering sectors will also prioritize hiring retired Agniveers, recognizing their valuable skills and experience gained during their service.
  • 48 Lakh non-contributory Life Insurance Cover will be provided
  • Additional Ex Gratia of Rs. 44 Lakh for death attributable to service will be provided to the next of kin
  • Disability compensation: On-time Ex Gratia of Rs. 44/25/15 lakh for 100%/75%/50% disability respectively.
  • Up to 30 days of leaves per year will be provided
  • Medical facility and Canteen facility will also be included
  • Retired Agniveers will be given priority in recruitment for positions within the CAPF (Central Armed Police Forces), Assam Rifles, and the police, should they choose to pursue a career in these fields.
  • 10% reservation in Assam Rifles, CAPFs, Coast Guard, and Defense PSU will be given
  • Upon retirement, Agniveers will receive a lump sum amount of ₹12 lakh

Indian Airforce Agniveer Job Responsibilities

Candidates who clear the Indian Air Force Agniveer test pattern will undergo training provided by the Indian Air Force. They will be trained in various areas to assist the police when needed. Candidates will receive an Indian Airforce Agniveer Salary according to government regulations. After passing the Air Force Agniveer exam, candidates will be assigned specific roles and responsibilities.

  • Agniveers belong to an elite group within the Indian Air Force, indicating their specialized role.
  • Their duties usually involve non-combat tasks that are important for the Air Force’s overall operation.
  • They offer crucial support in operational areas like logistics, administration, and technical support.
  • Agniveers undergo rigorous training to prepare them for their roles.
  • Their service typically lasts for four years under Short Service Commission, after which they may pursue further opportunities in the Air Force or civilian life.

Indian Air Force Agniveer Career Growth

The Indian Air Force Agniveer program entails a four-year commitment, after which a rigorous evaluation is conducted. Only 25% of candidates meeting all standards are permanently inducted into the IAF.

Rank Description
Airman (Trainee) Initial stage involves comprehensive training to acquire proficiency in assigned roles.
Aircraftsman Upon completing training, individuals advance to the rank of Aircraftsman, gaining practical experience.
Leading Aircraftsman (LAC) Based on performance and experience, individuals may be promoted, assuming more responsibilities.
Corporal Further advancement to the rank of Corporal, where individuals play a crucial role in specialties.
Sergeant With continued dedication, individuals rise to the rank of Sergeant, involving higher responsibilities.
Junior Warrant Officer Signifying higher seniority and responsibilities, individuals demonstrate significant experience.
Warrant Officer Holding key leadership positions, Warrant Officers contribute to the strategic aspects of Air Force ops.
Master Warrant Officer A senior leadership position, involving extensive experience and overseeing lower-ranking personnel.
Commissioned Officer Aspiring individuals can become officers through Officer Training School (OTS) or other commissioning programs.
Commissioned Officer Ranks Flying Officer, Flight Lieutenant, Squadron Leader, Wing Commander, Group Captain, Air Commodore, Air Vice Marshal, Air Marshal, Air Chief Marshal.

Check – Complete Indian Air Force Agniveer Syllabus

Indian Airforce Agniveer Salary 2024, In Hand, Structure, Allowance_3.1

Related Posts:

Airforce Agniveer Related Links
Agniveer Vayu Notification Agniveer Vayu Syllabus
Agniveer Vayu Selection Process Airforce Agniveer Previous Year Papers
Airforce Agniveer Cut Off

FAQs

What is the monthly salary of Indian Airforce Agniveer ?

The salary of Indian Airforce Agniveer is 30000/month for the first year.

What is Indian Airforce Agniveer Salary each year ?

For 1st year 30,000 second year 33,000 third year 36,000 and for fourth year 40,000

What is the "Seva Nidhi" package for Agniveers?

On completion of the four-year engagement period, Agniveers are paid a one-time "Seva Nidhi" package. This package includes their contributions to the Agniveer Corpus Fund, accrued interest, and a matching contribution from the government. The total amount in the Agniveer Corpus Fund after four years is Rs 5.02 lakh.

What allowances are given to Agniveers in the Indian Air Force?

Agniveers receive various allowances, including risk and hardship allowance, dress allowance, ration allowance, and travel allowances.

What are the other benefits available to IAF Agniveers?

In addition to their salary and allowances, IAF Agniveers enjoy a range of benefits, including medical facilities, insurance coverage, retirement benefits, educational opportunities, and access to recreational and sports facilities.