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The Agneepath Scheme is now getting place as the three branches of the Indian Armed Forces, the Indian Army, Indian Airforce, and Indian Navy, are now prepared to begin the recruitment process, and for that reason, the final recruitment notification is being issued. Under this program, men and women between the ages of 17.5 and 23 will be enlisted in the armed services and given the chance to serve the nation for four years in the Indian Armed Forces.
The Indian Navy Salary must be understood by the applicants in order to get knowledge of the pay scale, in-hand salary, allowances, and other factors that are acceptable for the position. The Indian Navy Agniveer will choose the candidates depending on how well they perform in the written exam, which is followed by a physical fitness test and a medical exam.
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Indian Navy Agniveer Salary 2022
The selection board establishes the Indian Navy Agniveer Salary in accordance with the pay scale, advantages, and other benefits as per governmental regulations.
The first year’s monthly pay for an Indian Navy aggies will be INR 30,000, and the fourth year’s pay will be INR 40,000. Along with a competitive compensation package, the chosen applicants will also be eligible for a number of allowances, increases, and benefits.
Indian Navy Agniveer Salary 2022: Salary Structure
Below are some of the components of the Indian Navy Agniveer Salary Structure, including pay level, pay scale, and allowances:
Indian Navy Agniveer Salary Structure 2022 |
|
Organization Name | Indian Navy |
Post Name | Agniveer |
Salary | Rs 30,000 per month – 40,000 per month |
Job Location | India |
Allowances | Risk and hardship, dress and travel allowances |
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Indian Navy Agniveer Salary 2022: Salary Slip
All employees employed by the Indian Navy will receive the Agneepath Salary Slip at the conclusion of each month. The Indian Navy salary slip contains information about basic pay, gross and net salaries, deductions, and other benefits. The candidates may utilize this document for a variety of formal tasks.
Indian Navy Agniveer Salary 2022: In-hand Salary
Employees are given their In-Hand Indian Navy Salary in accordance with government regulations. The Indian Navy would pay the selected people a monthly salary of Rs. 30,000 plus a predetermined annual rise. In addition to the salary, you’ll also get paid for things like clothing, travel, and allowances for risk and suffering. The candidates would be given the option to accept the Seva Nidhi Package after their four years on the job are up. Upon conclusion of their engagement period, agniveers will get a one-time Seva Nidhi package consisting of their monthly contribution as well as a matching contribution from the government, as shown below:
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 |
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Indian Navy Agniveer Salary 2022: Allowances and Benefits
- After four years of service, the following sum will be awarded as the Seva Nidhi Package: Rs. 11.71 Lakh.
- In the future, 25% of Agniveer applicants will join the regular military force.
- A non-contributory life insurance policy worth 48 lakh will be offered.
- The next of kin would receive an additional Ex Gratia payment of Rs. 44 lakh for deaths attributed to service.
- Disability benefits: On time Ex Gratia of Rs. 44/25/15 lakh for 100%, 75%, and 50%, respectively, of disabilities.
- A maximum of 30 days of annual leave will be granted.
- There will also be a medical center and a canteen.
- 10% of the available positions would be reserved for the Assam Rifles, CAPFs, Coast Guard, and Defense PSU.
Agniveer Seva Nidhi
The Seva Nidhi package, which costs around Rs 11.71 lakh and includes freedom from service in the Indian Army, Indian Navy, and Air Force after 4 years (Including, interest accumulated on the above amount as per the applicable interest rates would also be paid). Each month, people will donate 30% of their monthly earnings, and the government will match that amount. Each Agniveer will have two alternatives for how to receive the Seva Nidhi package, with the goal of providing financial loans for self-employment/entrepreneurship through a bank Guarantee as well as to cover immediate/incidental needs, upon leaving. Information will be released separately by the Indian government.
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Agniveer Death/Disability Compensation
Non-contributory life insurance coverage of Rs 48 lakhs, with an extra Ex. Gratia of Rs 44 lakh for service-related death. the unreserved amount, including the SevaNidhi component, up to 4 years. For the purpose of calculating disability compensation, the degree of disability or functional incapacity shall be established in accordance with the following guidelines: –
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% |
Agniveer Life Insurance Cover
As part of the government’s Agneepath Scheme, Agniveer soldiers would receive a free insurance policy of Rs 48 lakh for the term of their service.
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Indian Navy Agniveer Career Growth and Promotion
Each and every Agniveer employed by the navy will have access to a wide range of professional prospects, as well as employment security and a competitive compensation package. After successfully completing four years, a central, transparent, rigorous method will pick up to 25% of Agniveer as a regular cadre based on merit and organizational merit.
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