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Indian Navy Agniveer Salary 2022, Check Complete Breakdown

Indian Navy Agniveer Salary 2022

Agneepath Scheme is now getting real as all the three branches of Indian Armed Forces that is, Indian Army, Indian Airforce and Indian Navy are now all set to go on for recruitment process and for that final recruitment notification is being released. Men and women between the ages of 17.5 and 23 years will be recruited for the armed forces under this scheme and they will get the opportunity to serve the country for four years in Indian Armed Forces.

Indian Navy has already released some important dates related to recruitment of Agniveers. Indian Navy Recruitment 2022 Notification PDF will soon be published officially on the official website tentatively on 9th July 2022.  As per the sources, the online registration will begin on 1st July 2022 for all the candidates. The candidates should have completed their 10th or 12th from a recognized board to apply for Agniveer in Indian Navy. Stay tuned for all the latest updates regarding the Indian Navy Agneepath Recruitment 2022.

In this article we will try to understand the salary structure of an Agniveer in Indian Navy.

Total Salary shown above will also include applicable allowances as decided by the GOI from time to time. However No DA or MSP (Dearness Allowance and Military Service Pay) will be paid as Agniveer Salary is a composite package.

Agniveers will be given an attractive customised monthly package along with Risk and Hardship allowances as applicable in the three services.  Agniveers will be exempted from making any contribution in the Armed Forces Personnel Provident Fund or any other Provident Fund. Furthermore, they will not receive any gratuity or pension. They will also not be eligible for Army Group Insurance Fund (AGIF) schemes/ benefits.

Indian Navy Agniveer Salary 2022, Check Complete Breakdown_40.1

However, On completion of the engagement period of four years, Agniveers will be paid one time ‘Seva Nidhi’ package which shall comprise their contribution including accrued interest thereon and matching contribution from the Government equal to the accumulated amount of their contribution including interest as indicated below:

 

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 11.71 Lakh as Seva Nidhi Package

(Including, interest accumulated on the above amount as per the applicable interest rates would also be paid)

Following Allowances will be given to the agniveers : 

  • Risk & Hardship Allowance
  • Dress Allowance
  • Ration Allowance
  • Travel allowances .

Following will be the benefits given to the agniveers :

  • 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

Indian Navy Agniveer Salary 2022: FAQs

Q1. What is the monthly salary of Indian Navy Agniveer ?
Ans. 30000/month for the first year.

Q2. When will the online registration begin for Indian Navy Agniveer ?
Ans. Online registration will begin from 1st of July, 2022.

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