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Indian Army Agniveer Salary 2024, Structure and Allowances

The Indian Army Agniveer Recruitment for 2024 has been announced, offering a lucrative opportunity for individuals seeking to serve their nation in the Armed Forces. Aspiring candidates participating in the...

Indian Army Agniveer_th

The Indian Army Agniveer Recruitment for 2024 has been announced, offering a lucrative opportunity for individuals seeking to serve their nation in the Armed Forces. Aspiring candidates participating in the recruitment rallies across the country must understand the salary structure and allowances provided to Indian Army Agniveers. This detailed article explores the Indian Army Agniveer Salary 2024, including its structure, allowances, benefits, and job profile.

Indian Army Agniveer Salary

Indian Army Agniveer Salary 2024 Overview

The Indian Army Agniveer Salary 2024 provides an attractive compensation package for candidates selected to serve in the Indian Army, Air Force, or Navy. The salary structure ensures financial security and stability for individuals committing to four years of service. Let’s delve into the specifics of the salary package and allowances offered to Indian Army Agniveers.

Name of Scheme: Agneepath Yojana

  • Launched by: Central Government
  • Name of Post: Rally-wise Various Posts
  • Service Duration: 4 years
  • Training Duration: 10 weeks to 6 months
  • Qualification Required: 8th/10th/12th pass
  • Official Website: Indian Army Agniveer

Indian Army Agniveer Salary Structure

The Indian Army Agniveer Salary 2024 provides candidates with a fixed monthly package throughout the four-year duration of their service. The salary structure remains consistent and does not include additional allowances such as Dearness Allowance (DA) or House Rent Allowance (HRA). Here’s an overview of the salary structure:

Indian Army Agniveer Salary-parade

In-Hand Salary:

  • Monthly Salary: INR 30,000 (Fixed for four years)
  • Yearly Increment: Fixed yearly increment included

Annual Package:

  • First Year: INR 3.6 lakhs
  • Second Year: INR 3.96 lakhs
  • Third Year: INR 4.38 lakhs
  • Fourth Year: INR 4.8 lakhs

Here is the table using the provided data:

YearCustomised Package (Monthly)In Hand (70%)Contribution to Agniveer Corpus Fund (30%)Contribution to corpus fund by GoI
1st Year30,00021,0009,0009,000
2nd Year33,00023,1009,9009,900
3rd Year36,50025,58010,95010,950
4th Year40,00028,00012,00012,000
Total contribution in Agniveer Corpus Fund after four yearsRs 5.02 LakhRs 5.02 Lakh
Exit After 4 YearRs 10.04 Lakh as Seva Nidhi Package (Absolute amount excluding Interest)
This table represents the monthly customized package, in-hand salary, and contributions to the Agniveer Corpus Fund by the Agniveers and the Government of India for each year of service, along with the total contribution in the fund after four years and the exit package after completing four years of service.
Indian Army Agniveer salary-passing

Indian Army Agniveer Allowances and Benefits

In addition to the fixed monthly salary, Indian Army Agniveers are entitled to various allowances and benefits provided by the Government of India. These allowances enhance the overall compensation package and ensure the well-being of the Agniveers during their service period. Here are the allowances and benefits provided:

Allowances:

  1. Risk & Hardship Allowance
  2. Dress Allowance
  3. Ration Allowance
  4. Travel Allowances
Indian Army Agniveer salary-training

Benefits:

  • Seva Nidhi Package: After completing four years of service, Agniveers receive a one-time package including their contribution plus accrued interest, matched by a corresponding contribution from the Government.
  • Life Insurance Cover: Agniveers are provided with a non-contributory Life Insurance Cover of INR 48 lakhs.
  • Ex Gratia for Death/Disability: Additional Ex Gratia benefits are provided to the next of kin in case of death attributable to service or disability.
  • Leave and Medical Facilities: Agniveers are entitled to up to 30 days of leave per year and receive medical facilities.
  • Canteen Facility: Access to Canteen facilities is provided to Agniveers.
  • Reservation: 10% reservation in Assam Rifles, CAPFs, Coast Guard, and Defense PSU is given.
Indian Army Agniveer salary-Cadets

Indian Army Agniveer Salary Slip 2024

The Indian Army Agniveer Salary Slip contains comprehensive details of the Agniveer’s compensation package, including basic pay, allowances, deductions, and net pay. Here’s what the salary slip typically includes:

  • Employee Name: Name of the Agniveer.
  • Employee ID: Unique identification number.
  • Rank: Position or rank held in the Indian Army.
  • Pay Period: Duration covered by the salary slip.
  • Basic Pay: Fundamental monthly salary.
  • Allowances: Breakdown of all entitlements and allowances.
  • Gross Pay: Total amount comprising basic pay and allowances.
  • Deductions: List of all deductions subtracted from the salary.
  • Net Pay: Final amount received by the Agniveer after deductions.
Indian Army Agniveer salary-Candidates

Indian Army Agniveer Job Profile 2024

Indian Army Agniveers play a pivotal role in safeguarding the nation’s borders, combating terrorism, providing disaster relief, and participating in international peacekeeping missions. Their job profile includes:

  • Defending Borders: Ensuring safety from external threats and incursions through regular patrols and surveillance.
  • Counter-Terrorism Operations: Combating insurgent groups and protecting civilians from terrorist activities.
  • Disaster Relief: Providing humanitarian aid during natural disasters like floods and earthquakes.
  • Training and Support: Assisting local security forces in conflict areas and participating in international peacekeeping missions.

In conclusion, the Indian Army Agniveer Salary 2024 offers a comprehensive compensation package with attractive allowances and benefits. Candidates participating in the recruitment process can look forward to a rewarding career serving the nation in the Indian Army, Air Force, or Navy.

FAQs

1. What is the salary structure for Indian Army Agniveers in 2024?

The salary structure for Indian Army Agniveers in 2024 includes a fixed monthly package of INR 30,000 for the entire four-year duration, with a fixed yearly increment.

2. Are there any additional allowances provided to Indian Army Agniveers?

Yes, Indian Army Agniveers receive various allowances, including Risk & Hardship Allowance, Dress Allowance, Ration Allowance, and Travel Allowances.

3. What benefits are included in the Indian Army Agniveer salary package?

Apart from the monthly salary and allowances, Indian Army Agniveers receive benefits such as the Seva Nidhi Package after completing four years of service, life insurance cover, disability compensation, medical facilities, and canteen facility access.

4. Is there any increment in the Indian Army Agniveer salary over the years?

Yes, there is a fixed yearly increment included in the salary structure for Indian Army Agniveers. The monthly package increases annually over the four-year duration of service.

5. How is the salary slip structured for Indian Army Agniveers?

The Indian Army Agniveer salary slip typically includes details such as the employee’s name, ID, rank, pay period, basic pay, allowances, deductions, and net pay.

6. What is the contribution to the Agniveer Corpus Fund by Agniveers and the Government of India?

Agniveers contribute a portion of their monthly salary to the Agniveer Corpus Fund, along with a matching contribution from the Government of India. This fund is used to provide benefits to Agniveers after completing their service.

7. What is the total contribution to the Agniveer Corpus Fund after four years of service?

The total contribution to the Agniveer Corpus Fund after four years of service amounts to Rs 5.02 Lakh from both Agniveers and the Government of India.

8. What is the exit package for Indian Army Agniveers after completing four years of service?

After completing four years of service, Indian Army Agniveers receive a one-time Seva Nidhi Package totaling Rs 10.04 Lakh as an exit package.

9. Are there any eligibility criteria to apply for Indian Army Agniveer recruitment?

Yes, candidates interested in Indian Army Agniveer recruitment must meet certain eligibility criteria, including age requirements and educational qualifications.

10. Where can I find more information about Indian Army Agniveer recruitment and salary details?

Candidates can visit the official website of the Indian Army or refer to recruitment notifications for detailed information regarding Indian Army Agniveer recruitment and salary structure for the year 2024.

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