- July 22, 2023
Agniveer Navy Salary
Introduction
An Agniveer in the Indian Navy is projected to receive a consolidated monthly salary of approximately ₹30,000, which includes a fixed yearly increment. The annual package for the first year is expected to be Rs 4.76 lakh, with an incremental increase leading up to Rs 6.92 lakh in the fourth year of their engagement period.
Seva Nidhi Package for Agniveer Navy
Seva Nidhi Package for Agniveer NavyThe government has introduced a tax-free Seva Nidhi package amounting to Rs 11.71 lakh. This one-time package will include the monthly contribution made by the Agniveers along with the government’s monthly contribution throughout their engagement period.
Details Of Sewa Nidhi Package
| Year | Customised Package (Monthly) | Inhand | Contribution to Agniveer Corpus Fund | Contribution to Corpus Fund by Government |
|---|---|---|---|---|
| 1 | 30000 | 21000 | 9000 | 9000 |
| 2 | 33000 | 23100 | 9900 | 9900 |
| 3 | 36500 | 25500 | 10950 | 10950 |
| 4 | 40000 | 28000 | 12000 | 12000 |
| Total In Agniveer Corpus Fund | 5.02 Lakh | 5.02 Lakh |
Agniveer Navy Inhand Salary
The Indian Navy Agneepath employees receive their salary as per government guidelines. The selected candidates will be entitled to a monthly salary of Rs.30,000 with an annual increment. Along with the salary, they will also receive allowances such as risk and hardship, dress, and travel allowances. Upon completion of four years of service, the candidates will be eligible for the Seva Nidhi Package, which includes their monthly contribution along with a matching government contribution.
| Year | Customised Package (Monthly) | Inhand | Contribution to Agniveer Corpus Fund | Contribution to Corpus Fund by Government |
|---|---|---|---|---|
| 1 | 30000 | 21000 | 9000 | 9000 |
| 2 | 33000 | 23100 | 9900 | 9900 |
| 3 | 36500 | 25500 | 10950 | 10950 |
| 4 | 40000 | 28000 | 12000 | 12000 |
| Total In Agniveer Corpus Fund | 5.02 Lakh | 5.02 Lakh |
Frequently Asked Question's
During the initial year, Agniveers can anticipate an annual salary around Rs. 4.76 lakh, which subsequently rises to Rs. 6.92 lakh in the concluding year.
The initial pay scale for agniveer navy is roughly Rs 24,500 to 46,500, and it grows with advancements in rank.
Sailor with 10 to 15 years of experience receives an annual salary of ₹6,04,220 (ranging from ₹40.0K to ₹8.0L per year).
Junior Commissioned Officer with 15 to 20 years of experience earns ₹9,10,180 per year (ranging from ₹3.0L to ₹14.5L per year).
The ‘Seva Nidhi’ amount will not be subject to Income Tax. Gratuity and pension benefits will not be applicable.
Agniveers will be furnished with non-contributory Life Insurance Cover amounting to Rs 48 lakhs throughout their engagement period in the Indian Armed Forces.