Indian Army Agniveer Salary 2023
Candidates recruited by the Indian Army Agniveer recruitment will be paid a handsome amount of salary throughout their tenure. Agniveers will be recruited for the tenure of four years in the Indian Army, Air Force, and Navy. Candidates will also receive a retirement package and other benefits after the completion of their tenure. In this article, we will brief you on the Indian Army Agniveer Salary structure 2023.
Indian Army Agniveer Salary for 1st Year
The annual income of the Agniveer will be 4.78 lacs in the first year of their joining. Later on, their annual package can go up to 6.47 lacs in the final year. We have mentioned below the breakdown of the monthly package of the Agniveer soldiers.
| Agniveer Salary for 1st Year |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 30000 per month |
| In-Hand Salary (70%) | Rs. 21000 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 9000 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 9000 per month |
Indian Army Agniveer Salary for 2nd Year
| Agniveer Salary for 2nd Year |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 33000 per month |
| In-Hand Salary (70%) | Rs. 23100 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 9900 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 9900 per month |
Indian Army Agniveer Salary for 3rd Year
| Agniveer Salary for 3rd Year |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 36500 per month |
| In-Hand Salary (70%) | Rs. 25580 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 10950 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 10950 per month |
Indian Army Agniveer Salary for 4th Year
| Agniveer Salary for 4th Year |
| Particulars | Amount |
| Customised Package (Monthly) | Rs. 40000 per month |
| In-Hand Salary (70%) | Rs. 28000 per month |
| Contribution to Agniveer Corpus Fund (30%) | Rs. 12000 per month |
| Contribution to corpus fund by GoI (30%) | Rs. 12000 per month |
Additional Benefits for Agniveers
Along with the salary, Agniveers will receive a number of benefits like medical insurance, a retirement package, etc. They are as follows:
- Risk and Hardship Allowance, Ration, Dress, and Travel allowances as applicable.
- Candidates will be provided with a retirement package of Rs.11.71 lacs at the end of their tenure without any income tax charges by the government,
- 25% of candidates of the Agniveers will be selected for permanent services.
- Non-contributory life insurance cover of Rs. 48 lacs.
- Medical insurance and sick leaves.
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