Indian Airforce Agniveer Salary Per Month, Allowances & Job Profile
Agniveer Vayu Pay Scale and Allowances
Table of Contents
Recently the Agniveer Airforce exam has been successfully conducted. But some confusion is still prevailing in the minds of the aspirants. One of the biggest doubts among the Agniveer Entry is the Agniveer Salary and pay scale. In this article, we will be discussing the Agniveer Airforce salary package, job profile, and other benefits that the Agniveer Vayu will be getting during the service, and after the completion of four years of service.
Agniveer Air Force Salary Package
The candidates can check the Agniveer Airforce in hand salary, contribution to agniveer corpus fund, and Government of India corpus funds.
Year | Customized 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 | 25550 | 10950 | 10950 |
4th Year | 40000 | 28000 | 12000 | 12000 |
Total in Agniveer Corpus Fund | ₹5.02 Lakh | ₹5.02 Lakh | ||
Exit after 4 years | ₹10.04 Lakhs as Seva Nidhi Package (absolute amount excluding interest) |
Agniveer Air Force Pay, Allowances, and Allied Benefits
The candidates who will clear the agniveer written exam and get commissioned as the agniveer officers in the Indian Air Force will get the following salary package.
Agniveer Airforce Salary for 1st Year
Those who will be inducted into the Indian Airforce will get the following salary package in the first year of their service. The table below explains all the figures in detail. The monthly salary will be Rs. 30,000/- and out of that, the in-hand monthly salary will be Rs. 21,000/- per month.
Agniveer Salary for 1st Year | |
Particulars | Amount |
Customized 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 |
Agniveer Airforce Salary for 2nd Year
After this when the candidates complete 2 years of service as agniveers. They will get the following benefits. Their monthly salary will increase by Rs. 3000/- and will be Rs. 33000/- per month.
Agniveer Salary for 2nd Year | |
Particulars | Amount |
Customized 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 |
Agniveer Airforce Salary for 3rd Year
After completion of two years, the candidates are given an increment of Rs.3500/- in the third year. The salary for the third year will be Rs.36,500/- per month. The in-hand salary of the agniveers in the Indian Air Force will be Rs. 25,580/- per month.
Agniveer Salary for 3rd Year | |
Particulars | Amount |
Customized 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 |
Agniveer Airforce Salary for 4th Year
The salary of the agniveers for the fourth year will be as follows. The Indian Army, Navy, and the Air Force.
Agniveer Salary for 4th Year | |
Particulars | Amount |
Customized 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 |
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Provident Fund & Gratuity Benefits
- Agniveers will not be required to contribute to any Provident Fund of the Government.
- There shall be no entitlement of gratuity and no pensionary benefits in the case of Agniveers.
- The ‘Seva Nidhi’ package will be exempt from Income Tax.
Agniveer Seva Nidhi
After the completion of 4 years, the agniveers will be released from their services. After the completion of the services, they will be given a Seva Nidhi package of Rs. 11.71 lakhs that will include interest accumulated on the above amount as per the applicable interest rates would also be paid). Every month 30% of monthly emoluments will be contributed by individuals and an equal amount will be contributed by the Government.
Airforce Agniveer Salary – Life Insurance Cover
The air force agniveer will get a life insurance cover of Rs. 48 lakhs with additional Ex. Gratia of Rs. 44 lakh for death attributable to service.
Agniveer Airforce Disability / Death Compensation
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% |
Related Links:
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Indian Air Force Agniveer Selection Process 2022: PFT, Adaptability Test 1, 2
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Agniveer Air Force Cut Off 2022: Check Expected IAF Vayu Cut Off
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Indian Airforce Agniveer Exam Analysis 2022- Difficulty Level, Questions Asked