Agneepath Salary 2023, Check Salary Package For Indian Army, Navy And Air Force!

Safalta Expert Published by: Kirti Singh Updated Wed, 04 Jan 2023 09:40 AM IST

Highlights

Are you looking for the salary structure of the Agneepath Scheme? If yes then read this article for the complete salary structure and other details.

Agneepath Salary 2023: The Agneepath Scheme was launched by the Government of India to recruit candidates in the armed forces for a temporary duration. Under this scheme, candidates between 17 to 23 years of age can join the armed forces for a temporary duration. Agneepath salary is a very handsome amount which is attracting a lot of youngsters towards this scheme. Along with a good monthly salary, there is Seva Nidhi package amounting to Rs. 10.4 Lakh that Agniveers will receive. There are also different allowances and benefits that Agniveers will receive under this scheme.

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Read this article to know all about Agneepath salary and related details. 
 
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Organization Indian Army
scheme Agneepath Recruitment
Conducted by Ministry of Defence
Posts Agniveers Soldiers
Application Mode Online
Salary Rs 30,000 to Rs 40,000
Service Indian Army, Navy, Air Force
Training Period 4 years
Age Limit 17.5-23 year
Website
Joinindianarmy.nic.in
mod.gov.in

Agneepath Scheme Salary 2023

The minutes of salary details are - They will be recruited at a starting salary of Rs. 30,0000. The agniveers shall also be making a monthly contribution towards  PM Seva Nidhi and a similar amount shall be deposited by the government. The candidates after completion of tenure of service will be eligible to receive a lump sum amount of Rs. 10.4 Lakh rupees.   Below is the list of the salary structure for the Agneepath Scheme:

Also, read here:
Indian Navy Agniveer Salary  Indian Navy agniveer Eligibility  Indian Navy Agniveer Syllabus 

 
Year
Customized Package (Monthly)
In-Hand (70%)
Contribution to Agniveer Corpus Fund (30%)
Contribution to Corpus fund by Gol
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 to Agniveer Corpus Fund after four years Rs.5.02 Lakh Rs. 5.02 Lakh
Exit After 4 years Rs.11.71 Lakh as SevaNidhi Package
           
  • The Agniveers will get a lucrative salary package.
  • After the completion of 4 years in service, the Agniveers will be paid a one-time ‘SevaNidhi’ package.
  • Seva Nidhi will consist of their contribution plus accrued interest and a matching contribution from the government equal to the whole amount of their contribution plus interest.

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Agneepath Salary: Financial Package, Allowances

  • The one-time ‘Seva Nidhi’ package is to be paid to Agniveers upon completion of the engagement period of 4 years.
  • The ‘Seva Nidhi’ will be exempted from Income Tax.
  • There will be no dispensation to gratuity and pensionary benefits. The Agniveers will get a non-contributory Life Insurance Cover of Rs. 48 Lakh for the time duration of their engagement period in the Indian Armed Forces.

Agneepath Scheme Salary 2023: Post Retirement Benefits

  • The Union Ministry of Education has decided to introduce a three-year special technical education course at the undergraduate level for Agniveers.
  • Assam & Karnataka governments announced that those who will spend four years in the Agneepath Scheme will get priority in the recruitment process of the state police.
  • The Ministry of Ports, Shipping, and Waterways announced that the inclusion of Agniveers in six service branches, including the merchant navy, will be seen to ensure smooth accession.
  • The union government promised to reserve 10 percent of posts in the Home and Defence ministries for ‘Agniveers.
  • The Madhya Pradesh government has announced that after serving in the army, the state police will consider recruiting the Agniveers first.
  • 10 percent of the jobs in the Indian Coast Guard will be reserved for Agniveers. The same applies to 16 state-owned companies in the Ministry of Defence.
  • Haryana Chief Minister Manohar Lal Khattar announced that Agniveers will be given priority in jobs.
Also Read:
Indian Army Agniveer Eligibility Criteria Indian Army Agniveer Selection Process Indian Army Agniveer Salary

Agneepath Scheme: After 4 Years

At the conclusion of Agniveer's service time, a corpus amount will be given to them under the Seva Nidhi Package. The cumulative corpus money would be 10.04 lakhs after four years of service. After an equal contribution from the employee and the government, this sum will have accrued. An interest charge over the corpus fund will also be included in the total amount to be transferred. Additional information on the Agniveer Seva Nidhi Package is provided below.

The accumulated corpus amount will be properly reimbursed with interest if the Agniveers leave the service before their 4-year duration. The government's contribution to the package won't be taken into account in this scenario, though. The "Seva Nidhi" amount will not be subject to income tax.

After retiring from their 4-year service, Agniveers will be entitled to a number of rewards. The following list of advantages is provided as part of the Agneepath compensation package.

  • Under the Seva Nidhi Scheme, they will receive a corpus amount of 10.04 lakhs.
  • An Agniveer Skill Certificate reflecting their competency and learned skills will be given to them.
  • A three-year technical programme for agniveers will be introduced by the Union Ministry of Education.
  • Agniveers will be given a 10% service preference in the Indian Coast Guard and Ministry of Defense.
  • Agniveers will be given preference while hiring State Police.

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Is Agneepath scheme for officers?

Citizens aged 17 and a half to 21 will be entitled to apply for a four-year "Tour of Duty" in the armed forces under the Agneepath scheme. 25% of those who complete their Tour of Duty will be entitled to apply as regular personnel
 

What is Agneepath in Army?

The Central Government will recruit the soldiers for the armed forces for the tenure of four years and this scheme is known as Agneepath scheme.

Can girls apply for Agneepath?

Yes, girls can apply for Agneepath.

What is Agneepath plan?

Defence Minister Rajnath Singh and the three military chiefs announced the 'Agneepath' scheme on Tuesday. Armed services recruits can serve for four years under this programme, followed by 75 percent obligatory retirement - in most cases without gratuity or pension benefits.
 

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