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Indian Airforce Agniveer Vayu Salary 2023: The Indian Air Force (IAF) has mentioned the salary of Indian Airforce Agniveer Vayu in its official notification. Understanding the salary structure is crucial for applicants before they apply for this recruitment. They must be well-versed with the detailed salary structure to ensure that the preparation they put in is recognised, i.e., they get the satisfaction they craved for.
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This article has covered everything from basic customised pay to in-hand salary to corpus fund to laying out the various aspects of Agniveer Vayu’s pay scale and allowances. Also, the pay that Agniveer will receive after their 4 years of service has been discussed on this page. Read further to find out more!
Candidates with Indian Air Force Agniveer eligibility will be supported by the Ministry of Defence’s salary package. The monthly salary of the applicant shall be increased every year. As a result, the annual package is also subject to change. Check out the table below to know about the annual package:
| Year | Annual Package |
|---|---|
| 1st Year | INR 3.6 LPA |
| 2nd Year | INR 3.96 LPA |
| 3rd Year | INR 4.38 LPA |
| 4th Year | INR 4.8 LPA |
The tabulated data underneath showcases the in-hand, customised package, and contribution to the corpus fund of IAF Agniveer based on which year they are currently providing service in:
|
Year |
Customised Package (Monthly) |
In-hand (70%) |
Contribution to Agniveer Corpus Fund (30%) |
Contribution to corpus fund by GOI |
|
All figures are in rupees and monthly contributions. |
||||
|
1st Year |
Rs.30,000/- |
Rs.21,000/- |
Rs.9,000/- |
Rs.9,000/- |
|
2nd Year |
Rs.33,000/- |
Rs.23,100/- |
Rs.9,900/- |
Rs.9,900/- |
|
3rd Year |
Rs.36,500/- |
Rs.25580/- |
Rs.10,950/- |
Rs.10,950/- |
|
4th Year |
Rs.40,000/- |
Rs.28000/- |
Rs.12,000/- |
Rs.12,000/- |
|
Overall Contributions in Agniveer Corpus Fund after 4 years |
Rs 5.02 Lakh |
Rs. 5.02 lakh |
||
|
Exit After 4 Year |
Rs 11.71 Lakh shall be the package for ‘Seva Nidhi’ (this also includes the interest accumulated on the above amount that is also paid—in line with the applicable interest rates) |
|||
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In addition to being paid the monthly figure in terms of IAF Agniveers’ customised package, and in-hand salary, there will also be the contribution to corpus funds by the Government of India (GOI). Agniveer Vayu upon being chosen for the position shall also be rewarded with the following allowances:
Agniveers, after they are posted in one of the IAF branches (regional offices), will also get the following :
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Aspirants interested in knowing the salary structure of the Indian Airforce (IAF) can refer to the subsequent frequently asked questions (FAQs) to understand the payouts better:
A: The basic pay of the Indian Airforce (IAF) Agniveer is Rs.30000/- per month.
A: IAF Agniveers, upon being selected for the service, will be paid different allowances, such as travel allowance, ration allowance, dress allowance, and risk & hardship allowance.
A: The Indian Airforce Agniveers will receive an amount of Rs. 11.71 lakhs as a ‘Seva Nidhi’ package after 4 years of service, i.e., when they exit the organisation. This shall be a one-time amount.
A: Yes, in addition to basic salary, IAF Agniveers will also receive canteen and medical facilities.
A: The monthly salary of Agniveer in the first year will be Rs.30000/-, in the second year, it will be Rs.33000/-, the third year it will be Rs.36500/-, in the fourth (final) year, it will be Rs.40000/-.
We hope this article on ‘Indian Airforce Agniveer Vayu Salary’ has been informative and useful. For more such interesting articles, keep Embibing!
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