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Indian Army Agniveer Salary 2024: The Indian Army has released the Agniveer INTAKE for recruiting year 2024-25. Indian Army invites online applications from unmarried Indian male candidates under the Agnipath scheme to join the Indian Army as an Agniveer.
The selected Agniveer will serve in the Indian Army for four years. Agniveer in-hand salary will be Rs 21,000 during the first year of service, which will increase yearly. Apart from the salary they will get Rs. 10,04,000 “Seva Nidhi” package at the time of exit after four years.
After completing four years of service 25% of Agniveers will be enrolled as regular carders in the Indian Army based on organizational requirements.
In this article, we will discuss the salary of the selected candidates along with perks and allowances admissible for the Agniveer in the Indian Army.
Indian Army Agniveer Salary 2024
The salary of an Army Agniveer is Rs. 30,000/- per month with a fixed yearly increment. In addition, risk and hardship allowances (as applicable in the Indian Army), dress and travel allowances will be paid. The details of monthly remuneration and Agniveer corpus fund breakup are indicated below:-
|
Year of Service |
Monthly Package |
In-Hand (70%) |
Contribution to Agniveers Corpus Fund (30%) |
|
1st |
30,000 |
21,000 |
9,000 |
|
2nd |
33,000 |
23,100 |
9,900 |
|
3rd |
36,500 |
25,550 |
10,950 |
|
4th |
40,000 |
28,000 |
12,000 |
Indian Army Agniveer Terminal Benefits – Seva Nidhi Package
After four years of service, 25% Agniveers will be enrolled as a regular cadre in Indian Army. The remaining 75% will be eligible to receive ‘Seva Nidhi’ package, which will comprise their contribution to the Agniveer Corpus Fund and the same contribution from the Government of India and interest on the accumulated amount.
|
Year of Service |
Monthly Package |
Contribution to Agniveers Corpus Fund by Agniveer (30%) |
Contribution to Agniveers Corpus Fund by GOI (30%) |
|
1st |
30,000 |
9,000 |
9,000 |
|
2nd |
33,000 |
9,900 |
9,900 |
|
3rd |
36,500 |
10,950 |
10,950 |
|
4th |
40,000 |
12,000 |
12,000 |
|
Total Contribution to Agniveers Corpus Fund after Four years |
5,02,000 |
5,02,000 |
|
So, the Agniveer will get around Rs. 10,04,000 (excluding interest) as the Seva Nidhi package after successfully completing four years of service.
Leaves
The following leave will be granted for Agniveers during their service period.
Annual Leave: 30 days per year
Sick Leave: Based on medical advice.
Medical and CSD Facilities
All the Agniveers will be entitled to medical facilities at service hospitals during their service period. Apart from that they can also avail of the CSD facility
Insurance, Death, and Disability Compensation
Agniveer will be provided non-contributory life insurance cover of Rs 48,00,000 for the duration of their engagement period as Agniveer in the Indian Army. Agniveer will not be governed by provisions contained in the Pension Regulations/Rules for the Indian Army.
Agniveer Skill Certificate
At the end of the service period, a detailed Skill-set certificate will be provided to the Agniveers, highlighting the skills and level of competency acquired by them during their engagement period.
