Agniveer Salary:
Agniveer Salary Package for Indian Army, Navy and Air Force:
Agniveers are offered an attractive customized monthly salary package along with Risk and Hardship allowances as applicable in the three services.
On completion of their engagement period of 4 years, Agniveers will be paid a one-time ‘Seva Nidhi' package of Rs. 11.71 Lakh, 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.
The salary for Agniveers in the first year will be around Rs. 4.76 lakh per annum, which increases to Rs. 6.92 lakh per annum for the final year.
In addition to the annual salary package, the candidates will be offered allowances such as risk & hardship, ration, dress, and travel allowances.
The Agniveer Salary package offers a significant financial incentive for young individuals who are keen to serve the country in uniform for a short period of time.
Overall, the Agniveer Salary Package provides a compelling financial package for individuals who are interested in serving their country in uniform for a short period of time. The salary package is designed to attract young talent and offers a range of benefits and allowances to ensure that the Agniveers are well-compensated for their service to the nation.
Agniveer Salary for 1st Year:
The Agniveer salary package for the candidates selected in the 1st batch of Agniveers in the Indian Army, Indian Air Force, and Indian Navy would be Rs. 30,000 per month salary package.Out of this, Rs. 9,000 will be deducted as a contribution to the Agniveer Corpus Fund (Seva Nidhi Package).
Soldiers will not be entitled to gratuity under this scheme.
Overall, the Agniveer Salary Package for the 1st year offers a competitive monthly salary along with a contribution towards the Agniveer Corpus Fund. Soldiers selected under this scheme are not entitled to gratuity, but the financial benefits and opportunities for personal and professional growth that come with being an Agniveer make this an attractive option for young individuals who want to serve their country.
| Agniveer Salary for 1st Year | |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 30000 per month |
| In-Hand Salary (70%) | Rs. 21000 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 9000 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 9000 per month |
Agniveer Salary for 2nd Year
- Agniveers in the Indian Army, Indian Air Force, and Indian Navy in their 2nd year of service can expect a monthly salary package of Rs. 33,000.
- Out of this, Rs. 9,900 will be deducted as the Seva Nidhi Package, which is a contribution towards the Agniveer Corpus Fund.
- This salary package reflects an increase from the previous year's package and demonstrates the value placed on the skills and experience Agniveers bring to the Armed Forces.
Overall, the Agniveer Salary Package for the 2nd year represents a significant increase in compensation from the 1st year, highlighting the growth and development opportunities available to Agniveers during their time of service. The contribution towards the Agniveer Corpus Fund also showcases the commitment of the Indian Armed Forces to supporting their personnel even after their service is complete.
| Agniveer Salary for 2nd Year | |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 33000 per month |
| In-Hand Salary (70%) | Rs. 23100 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 9900 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 9900 per month |
Agniveer Salary for 3rd Year
Agniveers who are in their 3rd year of service in the Indian Army, Indian Air Force, and Indian Navy will receive a monthly salary package of Rs. 36500.
Out of this, a contribution of Rs. 10950 will be deducted as Seva Nidhi Package.
The Seva Nidhi Package is a one-time contribution that is deducted from the Agniveer's monthly salary towards a corpus fund.
The corpus fund is used to provide a one-time payout of Rs. 11.71 lakhs to Agniveers upon completion of their 4-year engagement period.
Apart from the salary package, Agniveers are also entitled to allowances like risk & hardship, ration, dress, and travel allowances.
| Agniveer Salary for 3rd Year | |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 36500 per month |
| In-Hand Salary (70%) | Rs. 25580 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 10950 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 10950 per month |
Agniveer Salary for 4th Year
Agniveers in the Indian Army, Indian Air Force, and Indian Navy in their fourth and final year of service are eligible for an enhanced salary package. The salary package for the fourth year is Rs. 40,000 per month. Out of this, Rs. 12,000 will be deducted as the Seva Nidhi Package.
To summarize:
Agniveers in the Indian Army, Indian Air Force, and Indian Navy in their fourth and final year of service are eligible for an enhanced salary package.
The salary package for the fourth year is Rs. 40,000 per month.
Out of this, Rs. 12,000 will be deducted as the Seva Nidhi Package.
| Agniveer Salary for 4th Year | |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 40000 per month |
| In-Hand Salary (70%) | Rs. 28000 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 12000 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 12000 per month |
Agniveer Salary Benefits
Agniveers selected in the Indian Army, Indian Air Force, and Indian Navy will enjoy various benefits as part of their Agniveer salary package.
The candidates will be covered under a non-contributory Life Insurance Cover of Rs. 48 Lakh during their service period.
After completing four years of service, Agniveers will receive a one-time Seva Nidhi package of Rs. 11.71 Lakh without any income tax deduction.
25% of Agniveers will be enrolled in the regular cadre of service.
Agniveers will also be eligible for Risk and Hardship Allowance, Ration, Dress, and Travel allowances as applicable.
The candidates will have 30 days of leave during their service period.
They will have access to medical facilities and canteen facilities.
Agniveer Seva Nidhi
Agniveer Seva Nidhi is a financial support package that provides monetary assistance to retired Indian Army, Indian Navy, and Air Force personnel. Here are some key points about the package:
The Seva Nidhi package is released after a period of 4 years of service in the Indian Army, Indian Navy, and Air Force.
The package costs approximately Rs 11.71 lakh, which includes the interest accumulated on the amount as per the applicable interest rates.
Individuals are required to contribute 30% of their monthly emoluments towards the package, and an equal amount will be contributed by the Government.
The Seva Nidhi package provides two options for individuals to receive financial support. The first option is through a bank guarantee to support self-employment or entrepreneurship, and the second option is to meet immediate or incidental expenses on exit.
The Government of India will issue separate details regarding the Seva Nidhi package.
Agniveer Life Insurance Cover
Agniveer soldiers are eligible for a free insurance cover of Rs 48 lakh under the Agneepath Scheme introduced by the Indian government. Here are some key points about the scheme:
The Agneepath Scheme offers a free insurance cover of Rs 48 lakh to Agniveer soldiers during their service period.
The insurance cover is provided at no cost to the soldiers.
The scheme aims to provide financial support to the families of soldiers in case of an unfortunate event during the service period.
The insurance cover is valid for the entire duration of the soldier's service period.
The Agneepath Scheme is an initiative of the Indian government to provide financial protection to soldiers and their families.
Agniveer Death/Disability Compensation
The Agniveer Death/Disability Compensation is a scheme that provides financial support to employees in case of death or disability attributable to service. Here are the key features of this scheme:
Non-contributory life insurance cover of Rs 48 lakhs
Additional ex-gratia of Rs 44 lakh for death attributable to service
Unreserved portion of up to 4 years including SevaNidhi component
Disability compensation is determined based on the extent of disability or functional incapacity
To elaborate on the last point, the determination of disability compensation is done in the following manner:
If an employee is rendered 100% incapacitated or disabled, they will be eligible for the full compensation amount of Rs. 48 lakhs
If an employee is rendered partially disabled, the compensation amount will be calculated as a proportion of the full amount based on the degree of disability. For example, if an employee is rendered 50% disabled, they will be eligible for half the compensation amount, which would be Rs. 24 lakhs.
The extent of disability or functional incapacity is determined by a medical board, whose decision is final and binding.
| Percentage of disability as Finally accepted | Percentage to be reckoned for computing disability compensation |
| Between 20% and 49% | 50% |
| Between 50% and 75% | 75% |
| Between 76% and 100% | 100% |
Aginveer Payment of Disability/ Death
The Agniveer Payment of Disability/Death is a scheme that provides financial support to Agniveers in case of disability or death during engagement period on Bonafide duty in Category 'Y' or 'Z'. Here are the key entitlements of Agniveers under this scheme:
Insurance Cover of Rs 48 lakhs in case of death
One-time exgratia of Rs 44 lakhs in case of death
Full pay for an unserved period of up to four years (with effect from the date of death) including Seva Nidhi component
Balance accumulated (as of the date) in the individual's Seva Nidhi fund and Government contribution including interest from the Agniveer Corpus Fund
To elaborate on the entitlements, the following points should be noted:
The insurance cover of Rs 48 lakhs is payable to the nominee of the Agniveer in case of death during the engagement period on bonafide duty in Category 'Y' or 'Z'.
In addition to the insurance cover, a one-time ex-gratia payment of Rs 44 lakhs will also be made to the nominee.
The Agniveer's family will be entitled to full pay for an unserved period of up to four years from the date of death, including the Seva Nidhi component.
The Seva Nidhi component is a fund created to provide financial support to Agniveers in times of need. The balance accumulated in the individual's Seva Nidhi fund and the Government's contribution including interest from the Agniveer Corpus Fund will be paid to the nominee along with other entitlements.
It should be noted that the entitlements under this scheme are applicable only in cases where the disability or death is attributable to the Agniveer's engagement period on bonafide duty in Category 'Y' or 'Z'.
In the unfortunate event of an Agniveer personnel's death during their engagement period but not on duty, they fall under the Category 'X'.
The following entitlements are available for Category 'X' personnel:
Insurance Cover of Rs 48 lakhs.
The balance accumulated in the individual's Seva Nidhi fund and Govt contribution including interest from the Agniveer Corpus Fund. The balance amount will be provided to the nominee of the deceased personnel.
It is important to note that these entitlements are applicable only if the Agniveer personnel's death occurred while not on duty during the engagement period.
If an Agniveer personnel has suffered disability attributed or aggravated due to the conditions of their engagement, the following entitlements are available:
One-time ex gratia payment of Rs 44/25/15 Lakhs based on the percentage of disability (100/75/50) from the Public Fund.
Full pay for the unserved period of up to four years (with effect from the date of disability), including the Seva Nidhi component, from the Public Fund.
The balance accumulated as of the date in the individual's Seva Nidhi fund, including interest and the Government's contribution from the Agniveer Corpus Fund.
It is important to note that these entitlements are applicable only if the disability is attributed or aggravated due to the conditions of engagement.
