Indian Army Agniveer Salary 2024: The Indian Army has released the Rally-wise Agniveer Recruitment 2024 Notification, inviting candidates to join its ranks. This recruitment process involves organizing rallies across different regions of the country to select Agniveers who are willing to serve in the Armed forces. Both male and female candidates aged between 17.5 and 23 years are eligible to apply for this opportunity. Agniveers are entitled to an attractive customized monthly package, which incorporates Risk and Hardship allowances, in accordance with the policies of the three services. In this article, we will discuss the Indian Army Agniveer Salary, as mentioned in the latest Agniveer Recruitment Notification.
Indian Army Agniveer Salary 2024
The Indian Army Agniveer Salary package presents a big opportunity for individuals seeking to serve their nation while ensuring financial stability. Throughout the four-year commitment, selected candidates receive a fixed monthly salary, commencing at INR 30,000 per month, along with a comprehensive range of benefits. It’s important to note that the monthly salary for Indian Army Agniveer candidates remains fixed and does not include additional allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), or Travel Allowance (TA).
Indian Army Agniveer Salary 2024 Overview
In the Indian Army Agniveer Recruitment 2024, candidates receive an attractive salary package throughout their four-year tenure in the Indian Army, Air Force, or Navy. Along with the monthly salary, Agniveers are entitled to retirement packages and other benefits upon completing their tenure. This article provides an overview of the Indian Army Agniveer Salary 2024, detailing the salary and benefits offered to recruits during their service period.
|Indian Army Agniveer Salary 2024 Overview
|Name of Scheme
|Name of Post
|Rally-wise Various Posts
|10 weeks to 6 months
Indian Army Agniveer Salary 2024 In Hand
The total salary package for Agniveers includes various allowances determined by the Government of India. However, there is no Dearness Allowance (DA) or Military Service Pay (MSP) included in the Agniveer Salary as it is a composite package. Agniveers receive an attractive customized monthly package along with Risk and Hardship allowances applicable in all three services. They are exempt from contributing to the Armed Forces Personnel Provident Fund or any other Provident Fund and do not receive gratuity or pension.
They are ineligible for benefits under the Army Group Insurance Fund (AGIF) schemes. After completing four years of service, Agniveers receive a one-time ‘Seva Nidhi’ package, which includes their contribution along with accrued interest, matched by a corresponding contribution from the Government.
corpus fund by
|All figures in Rs (Monthly Contribution)
|Total contribution in Agniveer Corpus Fund after four years
|Rs 5.02 Lakh
|Rs 5.02 Lakh
After 4 Year
|Rs 11.71 Lakh as Seva Nidhi Package
(Including, interest accumulated on the above amount as per the applicable interest rates would also be paid)
Indian Army Agniveer Salary 2024 Annual Package
Candidates who are selected and featured in the Indian Army Agniveer result list are entitled to receive a monthly customized package of INR 30,000 for the first year. This package undergoes an annual increment rate of 10%. Consequently, the annual package for the first year amounts to INR 3.6 lakhs and gradually increases to INR 4.8 lakhs by the fourth year.
|Customized Package (Monthly)
|INR 3.6 LPA
|INR 3.96 LPA
|INR 4.38 LPA
|INR 4.8 LPA
Indian Army Agniveer Benefits and Allowances 2024
Given below are the allowances given to Indian Army Agniveers –
- Risk & Hardship Allowance
- Dress Allowance
- Ration Allowance
- Travel allowances
Indian Army Agniveer Salary 2024 Benefits
The Indian Army Agniveers are given the following salary benefits.
- Total Amount to be given as Seva Nidhi Package after 4 years service (one time): Rs. 11.71 Lakh
- 25% of Agniveer candidates will later on become the part of regular cadre of Armed forces.
- 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 leaves per year will be provided
- Medical facility and Canteen facility will also be included
- 10% reservation in Assam Rifles, CAPFs, Coast Guard, Defense PSU will be given