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Indian Army Agniveer Salary 2023, Check Payslips and Allowances

Rally-wise Agniveer Recruitment 2023 Notification by the Indian Army has been released for the induction of candidates into the Indian Army. Various recruitment rallies across the country are carried out to induct Agniveers. Men and women between the ages of 17.5 and 23 years will be recruited for the armed forces under this scheme. In this article, we will try to understand the Indian Army Agniveer salary structure of an Agniveer in the Indian Army as per the latest Agniveer Recruitment 2023 Notification.

Indian Army Agniveer Salary 2023: Overview

Agniveers will receive an attractive customized monthly package, including Risk and Hardship allowances, applicable in the three services. Upon completing their 4-year engagement period, Agniveers will receive a one-time ‘Seva Nidhi’ package of Rs 11.71 Lakh. This package consists of their contributions, including accrued interest, as well as a matching contribution from the Government, which equals the accumulated amount of their contributions, including interest, as outlined below. In the first year, Agniveers can expect an annual salary of approximately Rs. 4.76 lakh, which increases to Rs. 6.92 lakh in the final year.

Name of Scheme Agneepath Yojana
Launched by Central Government
Name of Post Rally-wise Various Posts
Service Duration 4 years
Mode of Application Online
Detailed Notification release date 14th February 2023
Online Application begins 16th February 2023
Last Day to Apply 15th March 2023
Exam Date 17th April Onwards
Mode of Application Online
Training Duration 10 weeks to 6 months
Qualification Required 8th/10th/12th pass
Official Website https://joinindianarmy.nic.in/

Indian Army Agniveer Salary

The total Salary shown 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.

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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 a 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)

  • AGNIVEER will not be required to contribute to any Provident Fund of the Government.
  • There shall be no entitlement to any gratuity and any kind of pensionary benefits in case of Agniveer.

Indian Army Agniveer Benefits and Allowances 2023

Given below are the allowances given to Indian Army Agniveers –

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

Given below are the benefits given to Indian Army 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

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Indian Army Agniveer Salary 2023, Check Payslips and Allowances_3.1

FAQs

What is the monthly salary of Indian Army Agniveer ?

Indian Army Agniveer monthly salary is 30000/month for the first year.

What is the salary of Agniveer in 4 years?

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 part of a regular cadre of Armed forces.

What is SevaNidhi for Agniveers?

After serving for a period of four years, Agniveers in the Indian Army will receive a payment called 'Seva Nidhi.' This payment will consist of their contributions, including accrued interest, as well as a matching contribution from the Government, which will be equal to the accumulated amount of their contributions, including interest.

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